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Kane County family law attorneysThe Millennial generation certainly has its own ideas about marriage, and, in many ways, they are not like those of their parents. An interesting shift is taking place in the way younger people perceive marriage and its importance. Throughout the last 60 years, several trends have arisen. People, in general, are waiting longer to get married, divorce is more common, and couples are having fewer children. During the 1950s, 75 percent of women in their early 20s were married whereas only 50 percent are now.

Repeating History

It is true that young people are waiting longer to get married and having fewer children, however, the trend we are experiencing today with is not unlike the time before the post-war baby boom. The average age at which couples get married today is only slightly higher than the average age of those in the late 19th and early 20th centuries.

What has changed since the 50s? Over the last several decades, there has been a dramatic shift in many aspects of American society. Women are more invested in their careers, there is less pressure to have a traditional family, and debt from student loans are all factors that contribute to the postponement of marriage. Furthermore, it is more socially acceptable to have children before getting married than it was during the much more conservative 1950s.

Kane County family law attorneysPrenuptial agreements have gotten a bad rap for many years. Many hold the false belief that prenuptial agreements are only for celebrities or couples who do not believe in the longevity of their marriage. The reality is that a prenuptial agreement is a valuable legal tool as well as a great way to plan for a couple’s future. Prenups are not only a valuable tool if a marriage ends or one of the spouses passes away, but are also a good way to hammer out the details of how finances will be managed within the marriage.

Prenuptial Agreements Especially Popular with Younger Crowd

A survey conducted by the American Academy of Matrimonial Lawyers suggests that the younger generation of married couples may be more likely to use prenuptial agreements than the older generations. In fact, of the total attorneys surveyed, 51 percent reported an increase in the amount of millennials requesting prenups within the last three years.

Attorney Warlick, cohabitation, cohabitation agreement, Geneva family law attorney, marriage trends, millennial generation, millennials, millennials views on marriage, prenuptial agreementThe millennials, the emergent consumer demographic, are changing the face of marriage. Noted in the abstract, "Fewer Marriages, More Divergence: Marriage Projections for Millennials to Age 40," authors Steven P. Martin, Nan Marie Astone, and H. Elizabeth Peters project that marriage for millennials will be at the lowest rate of any previous generation. And for those opting for marriage, a trip down the aisle may not happen before their 40th birthday.

Data derived from the American Community Surveys provided the basis for the analyses with a cross-check against the 2000 U.S. Census report. Additionally, the following projections were established:

Projection #1

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