The Growing Mandatory Prevalence of the Prenup

RedTracker| Prenups have been on the rise for years, but America’s current economic crisis has caused a trickle-down theory in prenups to couples hardly considered rich. In I Love You, You’re Perfect, Now Sign Here, the WSJ explains the today’s prenups cover a wide variety of financial dealings, involving a spouses’ children, future inheritance and even rules of engagement around infidelity and weight gain.

Simply stated, there are fewer free rides in marriage for either spouse, but more frequently the new bride. With so many Boomers being divorced, the financial entanglements are complex, and a variety of scenario planning strategies are emerging. While some newlyweds believe that love conquers all, larger numbers than ever are taking a pragmatic approach to wealth distribution.