“First comes love, then comes marriage, then comes a baby in the baby carriage…” as the childhood ditty goes. These days, the order has switched. For many couples, it is more the norm to arrange finances before nuptials.

In 2022, more than 11% of U.S. homes were purchased by unmarried couples, with approximately 550,000 couples embracing homeownership before marriage. This growing trend, spotlighted by the Wall Street Journal, reflects a shift toward prioritizing financial stability over marriage. According to the National Association of Realtors, the number of unmarried couples buying homes has tripled since the mid-1980s, marking a significant shift in how couples define their future together.

The report detailed how three-quarters of couples now live together before marriage, saying they would rather invest in a house that will eventually bear them equity, rather than a single-day wedding, which may only yield a good band and prime rib for 150 people. Some couples, the piece cited, are opting out of marriage altogether due to concerns over the impact on their retirement benefits and tax brackets.

Whether couples plan to marry or not, it’s wise to take steps to safeguard finances in case the relationship doesn’t last. Domestic partnerships, cohabitation agreements, and prenuptial agreements are all wise options to consider. These agreements can outline key decisions ahead of time, such as who keeps the house and how financial responsibilities will be divided.

While it may feel uncomfortable to plan for a potential breakup when the relationship is still new, doing so ensures that both partners are financially secure and prepared for any eventuality. Taking these precautions early can save time, money, and emotional strain down the road. Contact a top Bucks County law firm for prenuptial agreements today for informed, legally savvy help. You can reach Williams Family Law by phone at 215-340-2207, or email info@bucksfamilylawyers.com.