Prenups For All Women
A recent Huffington Post article purports that every woman should sign a prenup before saying “I do.” The article explains that women today are waiting longer to marry than was the case fifteen years ago, and as a result women are entering marriages with more assets and more independence than ever before. Three reasons why women should consider entering into a prenuptial agreement are below:
- Protecting Her Assets: Women can think of prenups as insurance policies for the down payment they made on their first house or the few thousand they have saved in a retirement account. If the marriage turns sour, the woman will be no worse off financially than she was before the marriage.
- Protecting Her Human Capital: A prenup should contain a pay-out provision that will compensate the woman for any time she may have to take off from her career to raise children.
- Protecting Herself: A prenup can also serve to protect a wife from her husband’s creditors in the event he files for bankruptcy.
See Jacoba Urist, Why You Need a Prenup This Holiday Season, The Huffington Post, Nov. 24, 2011.
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