*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."
Top events like Gov Ball in New York City, Outside Lands in San Francisco, and Electric Daisy Carnival in Las Vegas delayed their summer dates to later in the year in order to safeguard against coronavirus surges
The first person to fly across New Zealand’s Cook Strait in an electric plane says he did so with plenty of battery power to spare.
A man dressed in a Joker costume and brandishing a knife stabbed at least one passenger on a Tokyo commuter train before starting a fire, injuring passengers and sending people scrambling to escape and jumping from windows, police and witnesses said.
All the news you Need2Know for Monday, November 1, 2021.
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