Saturday, February 19, 2011

PRE-NUPS ON THE INCREASE

 

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A new survey has found that prenups are becoming more popular among unmarried couples.

Experts credit the spike to the rising number of couples cohabiting without promise of a wedding. In the event of a split, former live-in partners may also face expensive and complicated court battles over shared assets, so a type of prenuptial agreement, in which a couple set the terms of their divorce before they marry, has become more common among unmarried couples as well.

The survey, by the American Academy of Matrimonial Lawyers, found that 48 per cent of divorce attorneys have seen more unmarried couples taking their claims to court over the last five years.

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