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Rise in Prenups Requested by Parents

Posted by Elise Buie | Sep 28, 2016 | 0 Comments

Many young couples are facing serious difficulties when it comes to entering the housing market. With student debts high and the cost of housing skyrocketing it may come as no surprise that more and more couples are getting assistance from mom and dad to make their first home purchase.

While parents are often ready to make such a gift, they may be concerned about what will happen to that money in the event of divorce or separation. Parents are apprehensive to make a large monetary gift without protecting their son or daughter's financial interest in the future. “Parents want to make it clear, in a legal document, that they want the money to stay with their child if a marriage ends in divorce” said the Times in their article on September 24th . This trend has led to a substantial increase in the number of younger couples seeking prenuptial agreements at the request of their parents.

If your child is getting married, you may want to consider the advantages of a prenuptial agreement in keeping the benefit of your gift with your son or daughter. Our office is experienced in all matters of family law, including prenuptial agreements. For more information on how to best address your unique situation please contact Elise Buie Family Law Group, PLLC for a free consultation. 

About the Author

Elise Buie

Passionate, creative, problem-solving attorney who crafts solutions rather than obstacles. Elise spends significant time educating her clients on healthy communication skills. Elise also ensures that her clients make informed decisions by understanding the future emotional and financial implications of their decisions. Your family's future is our first priority. Elise teaches her clients new skills to empower them in the future as they adjust to the new family structure. While divorce ends a marriage, it is the beginning of your new, often times, more authentic life. Elise will help you begin that new life with new skills to handle any future challenges.

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At Elise Buie Family Law Group, PLLC, we represent clients from Seattle and Bellevue, Washington, and the surrounding region, including all of King County and the cities of Redmond, Kirkland, Bellevue, Edmonds, Issaquah, Kenmore, Kent, Federal Way, Shoreline, Des Moines, Bainbridge Island, Vashon, Auburn, Renton and Puyallup. We love working with clients from Seattle's unique, eclectic neighborhoods: West Seattle, Fremont, Ballard, Madrona, Queen Anne, Greenwood, Ravenna, Maple Leaf, Wedgewood, View Ridge, Laurelhurst, Windermere, Madison Park, Magnolia, South Lake Union, Capitol Hill, Broadmoor, Phinney Ridge, Crown Hill, Yarrow Point and Mercer Island.

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Elise Buie Family Law Group

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Elise Buie Family Law Group PLLC
1001 Fourth Avenue, 44th Floor   Seattle, WA 98154

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