"To Protect My Assets"... MZ Generation's Marriage Trend is 'Prenuptial Agreement'
Half of American Adults Say They Will Create Prenuptial Agreements
Younger Generations Show Greater Interest... For Asset Protection Reasons
About half of American adults have expressed an intention to create prenuptial agreements. This change is particularly driven by an increasing number of people wanting to protect their own assets within the couple's property.
On the 27th (local time), internet media Axios reported that a recent survey conducted by polling firm Harris Poll showed that 50% of all respondents support creating prenuptial agreements. In last year's survey, 42% responded in favor, marking an 8 percentage point increase this year.
Additionally, in a question about prenuptial agreements conducted independently by the dating app The League, 66% of respondents indicated they were willing to sign a prenuptial agreement.
In particular, the MZ generation (Millennials + Generation Z) showed strong interest in and acceptance of prenuptial agreements. According to the Harris Poll survey, 1 in 5 couples (20%) had actually created a prenuptial agreement, but among Generation Z respondents (born 1997?2012) with engagement or marriage experience, the figure was 41%. For Millennials (born 1981?1996), it was 47%.
Axios stated, “Those who witnessed their parents' divorces especially feel the importance of prenuptial agreements.” In fact, in the United States, 40% of married couples end their marriages in divorce.
Family law attorney Kelly Chang Likert said, “Not all prenuptial agreements presuppose divorce; rather, today they are being accepted as part of the marriage process.”
The increase in prenuptial agreements is analyzed as a way to protect assets in the event of divorce. Beth Williams, 34, who created a prenuptial agreement when she got married, said, “My parents divorced when I was three, and the biggest cause of their fights was money.”
As more people create prenuptial agreements, platforms that facilitate easy creation have also emerged. Founded in 2021, HelloPrenup offers legally binding prenuptial agreements for a fee of $599 (approximately 807,000 KRW).
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HelloPrenup stated, “87% of our users seek consultations to clarify whether their assets are considered joint property of the couple or belong solely to themselves.” The company also projected that the number of prenuptial agreements this year will increase 25-fold compared to 2021.
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