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Monday
Sep272010

More Women Say 'I Do' to Prenups

Image Courtesy - Getty Images(CHICAGO) -- For at least half of the population, matrimony doesn't come with a happily ever after. And, when it's time to determine who gets the castle and the dowry, it's up to the judge to dictate how to spread the wealth. Unless your finances are protected with a prenup.

In the last five years, more divorce attorneys reported a spike in requests for prenuptial agreements. In a poll, 73 percent of the 1,600 attorneys that are members of the American Academy of Matrimonial Lawyers reported an increase in the contractual documents that specify how marital assets should be divided should a divorce happen. And, 36 percent of attorneys saw a rise in the inclusion of pensions and retirement funds in prenups.

"People recognize it's not just for the rich and famous but it's important for people for a multitude of reasons. It could be important to protect a spouse in the marriage if the spouse entering in the marriage has lack of debt,"says Marlene Eskind Moses, president of American Academy of Matrimonial Lawyers.

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