Australian parents demand their children get prenups
The popularity of Prenups is growing worldwide, including Australia. The benefits and reasons for a Prenuptial Agreement transcend borders. From a recent article in Stowe Family Law:
"Australian parents are increasingly asking their adult children to get prenuptial agreements before they agree to help them financially.
The ‘baby boomer’ generation has “unprecedented levels of wealth” and many want to assist their children in getting a home in an increasingly expensive job market, Business Insider reports. Baby Boomers are generally classed as those born between the mid-1940s and the 1960s.
However the desire to help is not unconditional. Many parents want to ensure that their investments will not be lost if their child gets divorced."
The full article is here.
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