*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
How Pets Might Boost Your Mental Health
Alina Hauptman, a communications strategist at the Best Friends Animal Society, joined Cheddar News to discuss how pets can actually give a boost to your mental health.
Need2Know: January 20, 2023
Singer David Crosby has died, actor Julian Sands is missing, and actor Alec Baldwin will be charged with involuntary manslaughter. Here is everything you Need2Know for Friday, January 20, 2023.
David Crosby, Rock Star and CSNY Co-Founder, Dies
David Crosby, the brash rock musician who evolved from a baby-faced harmony singer with the Byrds to a mustachioed hippie superstar and an ongoing troubadour in Crosby, Stills, Nash & (sometimes) Young, has died at 81,
One Good Thing: ‘Welcome Corps’
Cheddar News discusses a new State Department program, the ‘Welcome Corps’ that will allow private U.S. citizens to sponsor refugees from around the world.
Load More