GRAND Magazine - March/April 2012 - (Page 18)

photo: ©iStockphoto.com/ Lisa F. Young Is a prenup right for you? Marital agreements for those over 50 By Ann-MARGAReT CARRoZZA, eSq. A Share this article with your friends. 18 GRAND pproximately 50 percent of marriages end in divorce. Hammering out the financial issues in advance can prevent much costly legal wrangling later. If you feel it is unromantic to establish end-game parameters ahead of time, guess what—they already exist in the form of divorce law. The divorce law in your state may cause you to give up more than you feel is fair. This is of particular concern to high-networth individuals in brief but unsuccessful marriages, such as Paul McCartney’s and Katy Perry’s. Even if you are willing to throw caution to the wind for the sake of love, other people such as business partners or adult children may be negatively impacted by the decision. This is especially true in a second-marriage situation. It is estimated that the divorce rate for second marriages exceeds 60 percent. Even if a couple beats the MARCH APRIL 2012

Table of Contents for the Digital Edition of GRAND Magazine - March/April 2012

GRAND – Mar/Apr 2012
Grand View
Safety Buzz: When in Doubt, Run!
Readers Write: Hair Balls and Shark Attacks . . .
Table of Contents
Grand Central
10 Things You Can Learn from Your Grandchildren
Blood & Money (book excerpt)
Grandparent Rights: Second Chance
Is a Prenup Right for You?
Ah, Tweet Mystery of Life
Memories of My Grandparents: Gram
Cover Story: Diane Ladd & Robert Charles Hunter
School Readiness: Wide-Eyed & Full of Wonder
Toys ’n Tech: Gadgets Galore!
Healthy Grandparents: Biopsy: Prostate Cancer
Healthy Grandkids: Smoothies
Bloom with Every Season

GRAND Magazine - March/April 2012

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