Big Rise in Prenuptial Agreements Says Survey of Nation's Top Divorce Lawyers Women Increasingly Requesting Prenups and Retirement Benefits Covered More Often
CHICAGO, Sept. 22 /PRNewswire/ -- An overwhelming 73% of divorce attorneys cited an increase in prenuptial agreements during the past five years in a recent poll of American Academy of Matrimonial Lawyer (AAML) members. In addition, 52% have noted an increase in women initiating the requests, while 36% of those surveyed cited a rise in pensions and retirement benefits being included under prenuptial agreements.
"Prenuptial agreements are becoming more generally accepted as an effective way to protect assets. Interestingly, these requests are no longer just limited to a specific gender or age group," said Marlene Eskind Moses, president of the AAML. "In addition, as our society sees more people marry or remarry in their later years, there is an increasing emphasis on protecting pensions and retirement benefits if the marriage does not work out."
Overall, 73% of AAML members have cited an increase in number of prenuptial agreements during the past five years, while 27% stated no change. In addition, 52% of the respondents have noticed an increase in women requesting prenups during the past five years and 36% have seen pensions and retirement benefits being more frequently covered.
Founded in 1962, the American Academy of Matrimonial Lawyers (AAML) is committed to encouraging the study, improving the practice, elevating the standards, and advancing the cause of matrimonial law, in order to better protect the welfare of American families.
Comprised of the top 1,600 matrimonial attorneys throughout the nation, members are recognized experts in the specialized areas of matrimonial law, including divorce, prenuptial agreements, legal separation, annulment, custody, property valuation and division, support, and the rights of unmarried couples.
SOURCE American Academy of Matrimonial Lawyers