NEW YORK, Jan. 20, 2015 (GLOBE NEWSWIRE) -- Moses & Singer LLP attorney Arlene G. Dubin, partner and chair of the firm's Matrimonial and Family Law practice, addressed legal and financial professionals attending the AICPA Advanced Personal Planning Conference in Las Vegas, NV on January 19, 2015. Dubin is the author of the bestselling book, "Prenups for Lovers: A Romantic Guide to Prenuptial Agreements," and a frequent speaker on TV and radio on this subject.
"Prenups have proliferated in recent years," Arlene stated. "We face a national divorce rate of 50% overall and 60% for remarriages." With the majority of divorces occurring over money, Arlene believes that prenups can help couples communicate and compromise before the wedding, alleviating anxiety and trauma should conflict occur in the future.
Couples often wonder if prenups damage relationships. To this Arlene asks, "What's so romantic about a messy divorce?" She notes that couples who marry later in life tend to have more assets and obligations than previous generations making prenups all the more critical.
Arlene's presentation explained the basic legal requirements for enforceability and addressed how to pop the "P" word. She covered what topics can and cannot be included and surveyed typical clauses such as "sunset," "escalator," and "bad boy/bad girl" provisions. Additionally she discussed estate planning implications, same-sex prenups, postnuptial agreements and cohabitation agreements. The presentation spotlighted recent trends, such as the role of prenups in preserving estate portability, protecting embryos and covering social media in confidentiality clauses.
"Money is a touchy subject," Arlene noted. "But once the subject is broached, it opens the door to discussion of other sensitive issues, bringing couples closer. In my practice, it's clear that prenups give couples peace of mind to enable them to get married."
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