Prenup Generation: Millennials Drive Surge in Prenuptial Agreements
*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."
The Statue of Liberty is one of the most famous attractions in New York City but there's a lot more to this landmark than one may think. Rafael Abreu, vice president of marketing with Statue City Cruises, spoke with Cheddar News to discuss the park's operations and Park Ranger Laurel Brierly also joined from inside the statue's famed crown to talk about visiting the landmark.
Wondering what to watch this weekend? This week, we have a timeless hair-raising movie, a spooky experience that tugs at your deepest fears and MI6 puffer fish. Plus: a non-creepy Halloween classic.
Jeff Lee, CEO and co-founder of the DIBS Beauty brand, which is a finalist in the CEW Beauty Awards' make-up tools category, spoke with Cheddar News to discuss his background, career, and success in fashion -- and eventually working with baseball great Alex Rodriguez and influencer Courtney Shields -- after a career as a corporate lawyer.
A study showed that over 51% of Gen-Zers wanted to see more shows and movies about friendships and platonic relationships and most said sex scenes were not necessary.
A poison specialist and former medical resident at Mayo Clinic in Minnesota is charged with fatally poisoning his wife, a 32-year-old pharmacist who died days after she went to a hospital in August with stomach distress.
The estranged son of Nashville’s police chief, who was wanted in the shooting of two police officers, was found dead of a self-inflicted gunshot wound after leading police on a chase in a stolen car, authorities said.
