When individuals in Pennsylvania marry early in life, they often expect to stay married for decades. Because divorce is not readily on their minds, they might not think about drafting prenuptial agreements. However, drafting a prenuptial agreement may especially be expedient if two people with significant assets are getting married later in life.
Prenuptial agreement may help with late-in-life divorce
Your child is entitled to fair child support
Child support is an important financial support given to one parent who has their child in their custody more often than the other parent. For instance, if a mother and father share custody but the father has custody 75 percent of the time, the mother may pay child support to provide for the child while in the father's care.
More millennials preparing for likelihood of divorce with prenups
The marital breakup process in many cases is inevitable, and it is often painful for those involved. For this reason, it may not come as a surprise that more millennials in Pennsylvania and elsewhere are opting to develop prenuptial agreements, or prenups, before they get married. In fact, new research indicates that more than 50 percent of attorneys recently saw a rise in these types of agreements among millennials, as members of this generation are increasingly interested in protecting themselves in the event of divorce.
