*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
'Shindler's List' Oliwia Dabrowska is Helping Ukrainian Refugees on the Border
The 1993 historical drama 'Schindler's List' tells the story of a Nazi party member who helped thousands of Polish Jewish refugees escape death during the Holocaust. Today, Ukrainians are living a very similar reality as Russia continues to invade, and refugees are fleeing for safety. Oliwia Dabrowska was three years old when she became an integral part of "Schindler's List." You'll remember her as "the little girl in the red coat" representing a symbol of hope. Today she's 32 years old living in Poland and once again representing hope for refugees. Dabrowska joins Cheddar News to discuss her experience and tell viewers how to help.
TikTok's Influence on Advertising
As TikTok grows in popularity, so does its ad revenue potential. Research firm Insider Intelligence forecasts the app's revenue will likely triple in 2022 to more than $11 billion, putting it past the sales of both Twitter and Snapchat combined. Cheddar News takes a closer look.
Deaf and Hard of Hearing Employees Lead the Way on Snapchat's New ASL Features
Snapchat has launched its first features to help users learn American Sign Language through its lenses and a game. The project was spearheaded by deaf and hard-of-hearing workers. Cheddar News was joined by Austin Vaday, software engineer at Snap, and his sign language interpreter, Jonathan Webb, to discuss the ASL Fingerspelling Lens and how the project came together. “We wanted to find a way to appropriately and properly educate the community so that folks can communicate with people like me using sign language," Vaday stated.
'White Hot' Netflix Doc Highlights History of Discrimination at Abercrombie & Fitch
The new Netflix documentary "White Hot: The Rise & Fall of Abercrombie & Fitch" dives into how the once apparel retailer used an exclusionary business model, focusing on the "popular and cool kids," to thrive for years until its discriminatory culture and practices led to a consumer backlash. Anthony Ocampo, a professor of sociology at Cal Poly Pomona and former Abercrombie & Fitch employee, and Ben O’Keefe, a social change activist and head of diversity and impact production at Creator+, discussed the film and the retailer's rebranding in light of many allegations brought against it. "I got a job at Abercrombie & Fitch, and I worked there for a couple of weeks. But then when I went back to that same store after the academic year ended to get my job back, I was told by someone, I'm sorry, we can't rehire you because we already had too many Filipinos working at this store," Ocampo said.
Load More