Can low remarriage rate open doors for prenuptial agreements?

By |2022-04-06T18:59:29+00:0025 Sep 2013|Categories: Property Rights, Prenuptial Agreements|

Can low remarriage rate open doors for prenuptial agreements?

The cliché “once bitten, twice shy” seems like an appropriate title for a new study about remarriage. The recent study showed that the country’s remarriage rate dropped by 40 percent in the last 20 years. The respondents have chosen cohabitation instead of getting remarrying.

Orange County, California, residents should learn from the study on how the perspective about marriage has drastically changed. The study was conducted by the National Center for Family and Marriage Research at Bowling Green State University. An analysis of the data from 1990 to 2011 showed that the remarriage rate dipped for all ages. The age range with the largest dip was for the 20-24 age bracket with 54 percent.

Meanwhile, 2012 census data indicate that 7.8 million Americans were living together without being married. Thirty-seven percent of that number was composed of people who were married before. Also, the cohabitation rate more than doubled from 5.1 percent in 1990 to 11.3 percent in 2012.

The increase seems to stem from the respondents’ concern about the success of remarriage. An expert indicates that cohabitation makes a relationship more complicated, especially when there are children involved. Another expert emphasizes that being previously married accounts for a higher level of financial awareness and skill that can be useful when a person remarries.

However, it is clear from the study that couples want to decrease possible drawbacks in the case of a divorce. Whether an Orange County couple decides to remarry or cohabitate, it is best that they are aware of their legal options. For a couple that decides to marry, a prenuptial agreement can help with disclosing assets and protecting property rights and other provisions a couple might want to include. A cohabitation agreement can do the same for unmarried couples.

Source: USA Today “Remarriage rate declining as more opt for cohabitation,” Sharon Jayson, Sep. 12, 2013

About the Author:

Dorie Anne Rogers - The Law Offices of Dorie A. Rogers, APC
Dorie A. Rogers, a Family Law Specialist, Certified by the State Bar of California, has been an attorney since 1981 with an exclusive family law practice located in Orange County. She is accepting dissolution cases with support and property issues including the use of forensics to ascertain business value, community interests and to establish monthly case flow analysis. Ms. Rogers has substantial experience in high conflict custody litigation involving sophisticated psychological issues. She drafts premarital and postmarital agreement designed to define and establish parties' separate and community property interests. Paternity cases and domestic violence matters are considered part of her practice. Ms. Rogers is a court-approved and court-appointed to represent minor children.Ms. Rogers consults with individuals concerned about entering or exiting a relationship. She advises effective strategies for dissolution or premarital planning. Knowledge is power and good planning affords better results.Specialties: Family Law Specialist, Certified by the State Bar of California
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