Popping the prenup question

prenup, man woman agreement
Discussing finances in a loving way is the first step to understanding, our experts tell us. / Moodboard

When news broke about Kris and Bruce Jenner’s separation last week, Steven Eisman, partner and director of the matrimonial law department at Abrams Fensterman, was surprised they didn’t sign a prenuptial agreement before their 1991 wedding vows.

“They both had a substantial net worth at the time of their marriage —  they were both somewhat celebrities,” he says. Years later, after clothing lines, endorsement deals and a reality show, their net worth will be an issue as they head to divorce court.

Considering that the Jenners entered their union with children from former marriages, Eisman says prenups aren’t unusual for second marriages because people want to take care of their children.

Kardashian empire aside, Eisman sees more and more couples walking down the aisle at a later age, which means they’re more likely to have assets to protect. “They say, ‘I love you forever and ever but in case it doesn’t work, I don’t want to share everything I acquired before we tied the knot.’” Sure, it’s his job, but Eisman says it is indeed better to be prepared and realistic.

Kathleen E. Stoner, attorney and co-author of “Prenuptial Agreements: How to Write a Fair & Lasting Contract,” says the cost of a prenup depends on how complicated it is and who drafts it. “High-end premarital agreements involving substantial assets could cost thousands of dollars. In contrast, simpler premarital agreements in some parts of the country might run between $500 and $1,000.”

As for bringing up the sensitive topic with your spouse-to-be, she recommends talking early on and suggests that couples sign the contract at least three months before the big day. Stoner adds, “A prenup that is signed just days or hours before the wedding could be set aside under some state laws.”

Although it’s oh-so-unromantic to talk about finances and properties, she says any relationship will involve money, so the “best thing for people to do is to learn how to have those conversations in a loving way.”

She also says that those conversations have to keep going throughout the relationship — it’s wise to review the prenup every few years to see if it still makes sense. “Some prenups even include a commitment to doing that,” she says.

Stoner says prenups are not for everyone but she believes everyone should consider it and do their research. “Make a well-informed decision about [prenups] based upon the individual circumstances and the laws of [the] state.”

By the numbers:

According to the most recent data, in 2011 there were 2,118,000 marriages and 877,000 divorces and annulments in the U.S.

• Average age of a woman to marry for the first time:
2012: 26.6
1987: 23.6
1962: 20.3

• Average age of a man to marry for the first time:
2012: 28.6
1987: 25.8
1962: 22.7

• The divorce rate for 50-plus crowd is going up: In 2011, 15.4 percent were divorced and 2.1 percent separated.



News
Entertainment
Sports
Lifestyle
National

Sprint and T-Mobile offer further price discounts

Sprint unveiled a plan on Thursday that gives subscribers access to unlimited data for $60 a month, the industry's cheapest unlimited data offering.

National

Hundreds pay it forward at Florida Starbucks in…

The spontaneous chain of kindness continued for about 11 hours, totaling 457 transactions by the time it ended.

National

Weather system east of Caribbean could turn into…

An area of low pressure located east of the Caribbean Sea has a 50 percent chance of becoming a tropical depression or storm in the next 48 hours, U.S. forecasters…

National

U.S. hospital to discharge doctor treated with experimental…

An American doctor who contracted Ebola treating victims of the deadly virus in Liberia has recovered and will be discharged on Thursday by the Atlanta hospital that treated him with…

Music

polyphonic

Movies

Review: 'When the Game Stands Tall' is both…

The high school football saga "When the Game Stands Tall" fumbles around for a focus while Jim Caviezel offers the most low-key coach in history.

Movies

Girlfriend in a coma: Chloe Grace Moretz

Chloe Grace Moretz is the best cheerleader "If I Stay" could ask for. As the star of the film adaptation of the successful YA novel…

The Word

The Word: Summer lovin' for Zac Efron and…

Ah, the summer romance. So intense, so fleeting. With Labor Day fast approaching, it should come as little surprise that the incredibly surprising romance between…

NFL

Fantasy football draft guide: How to draft your…

Many are wondering if we’re entering a new age in fantasy football drafting — one where running backs take a backseat.

NFL

Jets vs. Giants: 3 Giants storylines to watch

The Giants have plenty to work on as they reach the dress rehearsal preseason game Friday night against the rival Jets.

NFL

Jets vs. Giants: 3 Jets storylines to watch

Metro looks at three Jets storylines to watch as they play the Giants Friday.

NFL

Giants expected to work Corey Washington into first-team…

The day of reckoning for the Giants' fringe players will fall upon them Friday night against the Jets.

Sex

Big weddings may lead to long-term happiness

Dreaming of a big wedding? A new study indicates that the longer your guest list, the happier you’ll be in the long run. l A…

Sex

Online dating for every generation

Frank Jackson and his mother Maggie are like lots of modern families: They have dinner together regularly, keep each other updated on their lives —…

Wellbeing

Going green could be the key to getting…

If we could just pursue the things that would actually make us happy, we could help the environment too, according to a New York researcher.…

Tech

Siren: A new dating app that puts women…

Online dating can be brutal, especially for single women. Noting that many women hate wading through inappropriate messages and photos, two tech entrepreneurs decided to…