Approximately 16 percent of kids in the U.S. under the age of 18 are living in blended families according to a 2009 Census Bureau report. This is typically a result of a mom or dad with children choosing to remarry following a divorce.
The increase in these so-called blended families has led to an uptick in financial agreements to apportion assets among children who may be a mix of his, hers or both. Many couples decide to get a pre or post-nuptial agreement following a second marriage to clarify what will become of their property with regard to the children in the event of a divorce.
Using prenuptial agreements in this way marks a departure from how they were used in the past. Then, they were more associated with protecting assets of the richer spouse from the poorer spouse but, these days, more and more prenups are being used by people of similar financial resources to protect assets for themselves and their children.
If you are considering remarriage and have property you prefer to keep separate from the marital estate or you have children from a previous marriage you want to provide a secure financial future for, a prenuptial agreement may be a good option for you. Contact the Law Offices of Jane Probst PC located in Waukesha, Wisconsin for answers to your questions regarding how a pre or post nuptial agreement can help you and your family.