Recent high profile divorces, like that of Jennifer Lopez and Ben Affleck, have brought prenuptial agreements back into focus. Legal experts are advising clients to consult a professional to explore options for safeguarding their marriage and financial future.
This month, Lopez and Affleck filed paperwork with the Los Angeles Superior Court to dissolve their marriage.
Christopher C. Melcher, a celebrity divorce lawyer, highlighted the potential financial implications of not having a prenuptial agreement, particularly in states like California where assets are typically divided equally in divorce settlements.
Melcher explained, “Without a prenup, California’s divorce laws can result in significant costs as all marital assets are considered community property and subject to a 50/50 split.”
FROM THE ARCHIVES | Learn why prenups are becoming more common
In his practice, Melcher emphasizes the importance of tailoring prenuptial agreements to suit the unique circumstances of each couple. Factors such as children from previous marriages, existing wealth, and inheritance rights are crucial considerations in crafting a comprehensive agreement.
While the stigma surrounding prenuptial agreements has diminishedin recent years, a 2022 report by The Harris Poll indicated a growing acceptance of prenups. The survey found that 15% of U.S. adults had signed a prenup that year, a significant increase from just 3% in 2010. Additionally, 35% of unmarried individuals expressed a likelihood of signing a prenup in the future.
