Does a Senior Citizen Heading to the Altar Need a Prenuptial Agreement?

Thanks to advances in medical care and other societal improvements, people in the United States are living longer than ever before in the nation’s history. In addition to longer lives, more Americans are also healthier and more active as they grow older. Therefore, more people in their Golden Years are marrying and divorcing than previously occurred. With these trends in mind, a fair and important question is does a senior citizen heading to the altar need a prenuptial agreement?

In this excellent blog posting, Peter Van Aulen writes that when contemplating the need of a prenuptial agreement when a senior citizen is heading to the alter necessitates a consideration of a number of specific points:

• Financial status of each person

• Offspring from a prior marriage

• State objectives of each individual

• Age of each person