We’ve heard the adage that half of all marriages end in divorce. Thankfully, this conventional wisdom is becoming further and further from the truth. A recent article by the Wall Street Journal took a close look at the numbers and found that, excluding baby boomers, divorce rates are lower than they have been in more than 40 years. Why you may ask? In short, younger generations are delaying marriage until later in life and approaching it with caution. Baby boomers, however, are more likely to be on a second or third marriage. These are much more likely to end in divorce giving rise to the phrase and trend of “gray divorces.” Our Greensboro divorce lawyers recommend careful planning and frank conversations prior to any union. Based on the data, this is especially important for couples entering into a second or other subsequent marriage. Luckily, our Greensboro divorce lawyers can help clients facilitate these conversations and are experienced in the realm of pre-nuptial and post-nuptial agreements. They are a great resource for anyone considering such a big life step.
Business Formation, Shareholder & Operating Agreements, Commercial Contracts, Employment Contracts, Company Policies & Handbooks, Business & Contract Disputes, Acquisition and Transfer of Assets, Financing Agreements, Protection of Trade Secrets and Trademark Infringement.GWAO Business August 10, 2014