*By Samantha Errico and Kate Gill* Millennials have been dubbed the "entitlement generation"; they may also be the prenup generation. According to Anne Cochran Freeman, a divorce lawyer and partner at Sideman & Bancroft, that "entitlement" translates to a desire for protection ー which may have contributed to a rise in prenuptial agreements by a factor of five over the last 20 years. She said an early entrepreneurial spirit among many in the millennial generation also contributes to this trend. Entrepreneurs who dream up inventions or business plans before marriage may want to protect their ownership of those ideas after marriage. "Everyone has a business idea, and people are in college creating these billion dollar businesses," she said. Freeman said prenups also carry less stigma for millennials. "\[Millennials\] are used to protecting themselves and they speak really frankly about things," she told Cheddar Thursday. She said that having pragmatic conversations early in a relationship can eliminate the taboo and clarify expectations. Partners should ask frank questions, such as: "This business idea: Is that yours or do you want me to work on it? Do you want me to leave my job in order to work on that with you?" To Freeman, prenups can set the tone of a union and create expectations for "the kind of marriage you want to have."

Share:
More In Culture
Manslaughter Charge Against Alec Baldwin Will Be Dismissed
Prosecutors will dismiss an involuntary manslaughter charge against Alec Baldwin in the fatal 2021 shooting of a cinematographer on the set of the Western film “ Rust," alluding to new revelations in the investigation while cautioning that Baldwin has not been absolved.
In Case You Missed It: NASA Is Still Looking for Retired Satellite
Cocaine Bear was a hit in theaters earlier this year. Now we've got a real-life "soda bear" in Canada. Local news sources reported that a black bear broke into a car in British Columbia in the middle of the night and started drinking soda, drinking a total of 69 cans.
Load More