*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."
Three people were killed in a shooting at Michigan State University, a suspect was arrested after crashing into pedestrians in New York City, and a scary plunge for travelers leaving Hawaii. Here is everything you Need2Know for Tuesday, February 14, 2023.
Mattel is planning to revitalize the famous purple dinosaur with a new presence across television, film, YouTube, and kids' products such as toys, books, and clothes
Police say the gunman who killed himself hours after fatally shooting three students at Michigan State University was 43-year-old Anthony McRae.
A missing adopted dog found its way back to its former shelter by ringing the facility's camera doorbell late at night.
A study by the Pew Research Center found that three in 10 Americans are single and nearly half of them are turning to dating apps to find companionship.
Forbes named Taylor Swift as the highest-paid female entertainer in the world.
Airbnb is offering a two-night stay in Paris for a Phantom of the Opera-themed stay.
Armen Adamjan, @creative_explained on TikTok, joined Cheddar News to provide some useful tips on how to clean at home with some easy to find household items.
The top entertainment headlines for Monday, February 13, 2023.
TikTok mastermind Armen Adamjan, AKA @creative_explained, shares a few of his favorite household hacks, including one that will help keep your fresh roses alive a lot longer.
