What percentage of people get married with a prenuptial agreement?
Sharing data-driven prenuptial agreement insights & trends on today’s modern couples and their approach to prenups.
It’s 2024—love is in the air, online, and pretty much all around. And today’s modern couples aren’t just expressing their love through the traditional flowers & chocolates—they’re also showing their affection by discussing their hopes and dreams for their future and aligning on major topics like finances & prenups.
In an effort to understand these incredible couples and what motivates them while heading into marriage, we reviewed thousands of HelloPrenup couples who created a prenuptial agreement to further understand the current trends, what’s important to them, and how priceless getting on the same page financial prior to marriage really is. Here’s what the data shows:
- The majority of our customers seeking prenuptial agreements are young adults, with 75% falling between the ages of 18 and 39.
- These Gen Z’s and Millennials are proactively planning for their financial future, recognizing the importance of not only protecting their assets by establishing clear financial boundaries before marriage. In addition, they’re normalizing having financial conversations early and often to ensure a healthy routine of communication early & often in their relationship.
The net worth of individuals getting a HelloPrenup prenup spreads from -$2.7M to over $1.5B. However, the median net worth of prenup fiances is ~$78,000. This highlights that the traditional story of only higher net worth individuals are the ones prioritizing prenups has evolved to include every day couples who want the same basic legal protections and peace of mind.
- 84% of female HelloPrenup customers have less than $500,000 in liquid assets, with only 7% having a net worth over $1M. This trajectory highlights the thoughtful approach women are taking to preserve their wealth while entering their marriage, debunking the myth that only wealthy women are entering into prenuptial agreements. In fact, at HelloPrenup, 52% of women initiate the prenup process. This unprecedented stat highlights the initiative women are taking to have financial conversations early & ensure that their wealth is protected throughout their marriage while combating the gender pay gap & bracing for the Great Wealth Transfer.
Financial imbalances are not a new proposition for getting a prenup. However, data reflects that couples have a smaller disparity gap with HelloPrenup couples having a median net worth disparity of ~$250,000. This highlights the gap between partners entering into the marriage may not be as far off financially from each other as the traditional prenup couple where one party is significantly wealthier than the other.
Our findings show that ~75% of couples choose to keep their premarital assets separate while entering the marriage rather than defaulting to their state’s laws. This also includes any appreciation of their premarital assets while married. This is one of the major trends.
Who writes prenups?
When drafting a prenuptial agreement, both parties should have their own legal representation to ensure fair and balanced terms. A prenup lawyer can help you create an enforceable and valid prenuptial agreement that protects your assets and addresses shared goals.
How do I ask my partner for a prenuptial agreement?
Choose the Right Time: Find a calm and private moment to discuss the topic. Avoid bringing it up during stressful times or when emotions are high.
Explain Your Reasons: Share your reasons for wanting a prenup.
Emphasize Fairness: Stress that a prenup is not ab
Can you do a prenup without a lawyer in Florida?
You’ve just gotten engaged or you are thinking seriously about marriage and getting married. A prenuptial agreement in Florida may be the last thing on your mind right now but, if it is, you need to know what documents you’ll need to give a Florida lawyer for a Florida prenuptial agreement (also known as a “prenup”). Maybe you or your family has some fears- if the unfortunate event of divorce occurs, will your children from previous partners be protected? Will you family business be decimated? A Florida family law and divorce attorney can help you create the best prenuptial agreement to fit your needs so you can have peace of mind about your upcoming marriage. Technically, anyone can write a prenup, but the Florida courts won’t recognize and enforce just any prenuptial agreement. It has to meet certain criteria. The last thing you want after the difficult event of divorce is to then find out in that the Florida pre-nup drafted to protect your assets and family is unenforceable.
In this article, experienced Naples, Florida divorce and family law attorney Russell Knight will tell you the requirements to create an enforceable prenuptial agreement in Florida.
Prenuptial Agreements in Florida State Law
Prenuptial agreements in Florida are governed by state law. Chapter 61 of Florida Statutes governs divorce proceedings, including how prenuptial agreements are enforced after divorce. Florida Statute Chapter 61.079(7)(a) specifically provides three conditions under which a prenuptial agreement will not be enforceable. Below, we will discuss each of these points in greater detail and how to ensure your Florida prenup will protect your property, assets, and family.
First Step: Identify Your Goals to Strengthen your Florida Prenuptial Agreement
The first step to creating a Florida prenuptial agreement is determining your goals. Florida prenuptial agreements are drafted for many reasons- in contemplation of death, to protect interests in a family business in the unfortunate event of divorce, to govern behavior during the marriage, or to ensure children from previous marriages are adequately provided for. We encourage you to discuss any proposed goals of the prenuptial agreement with your future spouse first and ensure that you are in full agreement. This ensures that your future spouse enters the agreement willingly and that they won’t be unpleasantly surprised by the terms. In documenting the reasons why both parties are entering into the agreement, it gives the judge insight and it gives you additional credibility if this agreement is ever challenged in court.
Timeline: The Earlier the Better
The closer to the wedding date the prenuptial agreement is signed, the more likely a judge will say that it was signed under “duress.” Conversely, the more time between the execution of the agreement and marriage, the more likely it will be upheld by court. We recommend executing the prenuptial agreement at least one month before the wedding and at bare minimum, for tw