Prenuptial Agreements for Seniors = "Smart"
When “shallow” Seinfeld character, George Costanza, attempted to get out of his wedding engagement by asking his fiance for a prenuptial agreement she cracked up, laughing in his face. Why? Because George had no assets whatsoever to speak of. He’d have to figure out another ploy for remaining single.
But having no assets whatsoever is usually NOT the case for most seniors, male or female, who might be considering re-marriage. That’s why its smart to consider a prenuptial agreement.
Due to an increased life expectancy, a 50% or higher divorce rate in the United States, and an increasing amount of serial marriages, prenuptial agreements are now widely accepted. It is very important for seniors to approach the idea of a prenuptial agreement with an open mind. It must be emphasized that a prenuptial agreement does not mean that you are planning to get a divorce, or that you do not trust your new spouse. Instead, senior couples are now recognizing the seriousness of their upcoming commitment of marriage. Moreover, senior couples are now communicating their concerns for the future financial security of their other relatives, and are expressing their respect for the hard-earned assets and accomplishments of their future spouse. See the full whitepaper here…