Millenials Love Prenups But For Ideas, Not Money
Prenups are a wise idea if you find yourself marrying a wealthy railroad baron or a scion of industry or perhaps someone who just has way more money than you do, or vice versa. Celebrities have prenups because the amount of money between two massively famous people can often rival the GDP of some small countries. Regular people have prenups because sometimes people who are very wealthy fall in love with someone who is not so much, and the imbalance between the two creates a touchy and difficult financial situation in the event of a dissolution of their love.
Millennials, those slippery little things, are signing prenups more than ever, but not for money, but for ideas.
Prenups have apparently been on the rise for a few years now, as those savvy youths getting married these days are well aware of divorce rates and the importance of protecting their money. But nobody has any money — unless you do, of course, in which case, please get that prenup — so millenials are trying their best to protect the one asset they have that could possibly turn into money somewhere down the line.
Instead of focusing on alimony and inherited cash, prenups requested by millennials aim to protect intellectual property such as films, songs, screenplays, software, apps, and even ideas for technology concepts yet to be executed. Real estate, the great unifier of married couples of all ages, is also typically included in these agreements.
On one hand, this makes sense, but on the other hand…I don’t know. I suppose the deisre to protect your ideas, screenplays, apps, and whatever else you come up with in the creatively fertile safe space of your marriage makes sense, but something about this seems strange. Divorce is the pettiest of legal transactions, but I imagine that when the time comes for you to actually get divorced, you’re not thinking about that screenplay you wrote on your honeymoon that your ex might have edited.
Or, maybe I’m wrong. You tell me.
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