JAMAICANS are being urged to consider a prenuptial agreement as a financial safety net in light of climbing divorce rates.

In 2021 figures from the Court Administration Division revealed that 4,381 divorces were filed. That’s a 18.7 per cent jump from 3,689 the previous year.

There are many factors that lead to divorces, and money is one of them. So while we hope all marriages will last until the ’till death do us part’ commitment, the reality is, many don’t. And if money is one of the main factors that causes a marriage to break down, and also is a problem some times when couples separate, perhaps a financial plan prior to marriage, detailing how assets and liabilities will be handled if the marriage breaks down, is a good plan to have.

https://www.jamaicaobserver.com/business/prenup-as-a-financial-plan/