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USA Today·4 min read·medium

Prenups cover more than just marriage and divorce these days - USA Today

M
Medora Lee
Prenups cover more than just marriage and divorce these days - USA Today
AI Summary

Prenuptial agreements are becoming increasingly common among younger Americans and are evolving beyond simple divorce protection. Many couples now use them as estate planning tools to manage assets in the event of death or incapacity.

Why it matters

The shift reflects changing social norms around marriage and financial transparency, as well as a more proactive approach to legal and estate planning.

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Hear this story Prenups are "in," and one reason may be because they aren't just about marriage and divorce anymore.

Prenups, once a little taboo like most money discussions were, are now common. More than half (53%) of engaged or married Americans under age 45 had signed a prenup, according to a Harris Poll for Bloomberg in May. That's an 11 percentage point jump from 2022, making the prenup a mainstream document to have.

Prenups are traditionally signed before vows are exchanged to protect or divvy up assets in case of a divorce, but their purpose is expanding, lawyers said. Prenups increasingly are used as part of an estate plan in case a spouse dies or is incapacitated, they said.

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