Prenuptial agreements can help those marrying later in life

A New York Times article titled “Millennials in No Rush to the Altar”, explored recent trends surrounding Millennials, marriage and children. The article reports that “Young adults are not only marrying and having children later in life than previous generations but taking more time to get to know each other before they tie the knot.” (Rabin)

The article sites recent national census figures that reveal a steady trend toward the postponement of marriage and children. The notion that marriage is a legal step in a relationship has some waiting decades before taking that step, choosing instead to focus on career goals and independent financial stability. Couples who marry young may not consider getting prenuptial agreements, due to their perceived lack of significant assets. However, marital property agreements are especially wise for those getting married or remarried later in life.

A prenuptial agreement allows a couple to determine how they wish to support themselves while married and create a plan that addresses the withdrawal of retirement assets based on their individual wealth. For example, in a marriage where one couple has a robust retirement plan, spouses may agree to primarily depend on the larger plan and then withdraw small amounts from the other spouse’s smaller plan.

Our family law attorneys have significant experience drafting enforceable prenuptial and postnuptial agreements. Our goal is to provide our clients with peace of mind and the opportunity to protect their interests and evade potential legal and financial pitfalls in the event of divorce. Each prenuptial and postnuptial agreement prepared by our firm is tailored to meet your needs as an individual, as a couple, and as a family. We are committed to helping you establish the kind of long-range planning that will make the financial side of your marriage partnership successful.

Because we know that every family–and situation–is different, our attorneys are trained to listen, understand, and provide a thoughtful and strategic road map to help you move forward. Skilled at negotiating collaborative settlements, managing mediations, and handling litigation, we will provide you with options that are in your best interest, and that will protect you and your family.

Our attorneys cover the full spectrum of family law, from the most complex cases to simple uncontested matters. Our clients benefit from the extensive experience represented by the firm’s attorneys in related practice areas. Many times, there are overlapping issues concerning real estate, businesses, pensions, bankruptcy or other tax and estate planning matters. Our firm can ensure that our clients receive quality and experienced representation in all aspects of their matter.

Family Law Practice Group Contact:

Jeffrey Greenberg, Partner
SederLaw, LLP.
Worcester, Massachusetts