There's been a 62% spike in people getting prenups, and experts say it's being driven by millennials
- Millennials are increasingly interested in signing prenuptial agreements before getting married, research says.
- Later marriages, less "concrete" assets, and the equalization of the workforce have all been cited as reasons for the spike in prenuptial agreements among millennial couples.
- Here are the biggest reasons why more millennials are interested in getting prenups than ever before.
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When it comes to millennials' views on marriage, perhaps Kanye West said it best - "we want prenup."
According to a recent study conducted by the American Academy of Matrimonial Lawyers (AAML), 62% of divorce attorneys surveyed reported an increase in the total number of clients requesting prenuptial agreements in recent years. Among those attorneys who reported an increase, 51% said there was an increase in the number of millennial clients signing prenups.
Jacqueline Itani, an Associate at Stutman Advocate Stutman & Lichtenstein, LLP with a strong background in Matrimonial law and Family and Divorce Mediation, spoke to Business Insider about why young people are interested in signing prenuptial agreements and protecting themselves in the event of a divorce.
Here are the biggest reasons why more millennials are interested in getting prenups than ever before.
Millennials want to protect their assets
Millennials are getting married later in life and may have more assets going into marriage than past generations
Millennials don't just want to protect their current assets — they also want to safeguard assets they may acquire later on in life
Millennials don't see prenups as taboo
More women are interested in prenuptial agreements
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