Lancaster and St. Louis, PLLC

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Lancaster and St. Louis, PLLC

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A Fresh Approach To

Family Law In Cabarrus County

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“As a dad in a child custody case, I was very scared that I would not get enough parenting time with my young daughter. But, these two attorneys believed in me and helped me get a 50/50 week on/off schedule from the Judge for my daughter. Their hard work and determination blew me away, and I am forever grateful.” -F.

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The attorneys at Lancaster and St. Louis are different than most attorneys — and we like it that way. Since our founding, we have been striving to provide a fresh approach to legal representation in Cabarrus County and the surrounding areas.

What does a fresh approach to legal representation mean? We implement practices that put clients at ease. We tailor our legal services to meet our clients’ individualized needs. Whether through flexible scheduling or direct access and communication with our attorneys, we are focused on providing the superior support and service our clients deserve.

A Fresh Approach To
Family Law In Cabarrus County

Personal Service | Accessible

A Fresh Approach To

Family Law In Cabarrus County

PERSONAL SERVICE | ACCESSIBLE

A Fresh Approach To
Family Law In Cabarrus County

Personal Service | Accessible

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  4.  » Millennial newlyweds bring new outlook to marital finances

Traditionally, establishing a joint bank account with your spouse when you get married has been seen as a sign of trust. Conversely, drafting a prenuptial agreement with your betrothed has typically been viewed as a lack of confidence in the relationship. However, millennials are turning these long-standing notions on their head.

A new generation of newlyweds is bringing a fresh set of rules to the construct of marriage. In a previous article, we discussed the growing tendency of millennials—more than any other generation—to establish prenuptial agreements. In today’s post, we examine why millennial couples are increasingly opting for separate bank accounts.

  • Living together first: Millennials commonly cohabitate before tying the knot—and keeping a joint bank account during this phase is relatively uncommon. Therefore, when they transition into marriage, they’re already in the habit of keeping their finances separate.
  • Marrying later: Compared to previous generations, millennials tend to get married later on in life. They have advanced further in their careers, have achieved more financial success and are less willing to give up their financial independence when they settle down.
  • Equal control: Some millennials worry about slipping into outdated gender roles—where the husband controls the finances and the wife has little control over the money she contributes to the marriage. Having separate accounts eliminates the possibility of one spouse being put in a precarious financial position.
  • Defined contribution: Millennials report that by keeping their finances separate, each spouse feels their contribution to the relationship more concretely—which they find more satisfying than if every expenditure came out of one mixed pot.

Finances are a leading cause of argument in a marriage. Keeping separate bank accounts could be one way of avoiding unnecessary marital stress.