Fortune reposted this
Even the best laid plans fail sometimes. Take marriage, for example. In 2022, there were more than 673,000 divorces and annulments in the U.S., according to data from Centers for Disease Control and Prevention. Although prenuptial agreements have historically been taboo or otherwise only useful for the ultra-wealthy, they’re actually becoming more popular. Half of U.S. adults in 2023 reported they at least somewhat support using a prenup, according to The Harris Poll data—a pretty significant jump from 2022 data. It’s not just the popularity of prenups that’s changed, but also their contents and coverage. Typically, prenups detail the assets that each person has going into the marriage, what will remain separate property of each person, how to divide assets, and establish alimony. They’ll usually outline how to divide up homes, joint bank accounts, and other valuable assets. But now that 51% of pet owners in the U.S. not only consider their pets as much a part of their family as a human member, according to Pew Research Center, more couples are also including provisions about what will happen to their furry friends should the marriage end in divorce. Indeed, 84% of pet parents support the idea of proactively deciding the fate of their pets should their relationship end, according to a survey of 1,000 pet parents conducted by Rover.com, a mobile app that connects pet parents with pet caregivers. Currently, more than one-fourth of co-pet parents have an official pet care agreement, such as a pet prenup. | Fortune https://lnkd.in/e7Gcs4ey
Just me
1wLOL! Most of what is in most pre-nups is actually pretty well covered in state law. I mean, most of us have, what? Maybe a home. A vehicle. Some rather modest savings. Of course, lawyers are paid more for drafting a pre-nup than for saying you really don’t need one…