A recent Pew Research Center report about divorce in the United States is showing that most adults who have divorced have gone on to remarry. Remarriage to future spouses, adult children and blended families raise interesting issues about the need for prenuptial agreements.
Pew Research Study
The Pew researchers report that in 2023, over 1.8 million Americans divorced. Additionally, a third of Americans who have ever been married have also experienced divorce. While divorce has been declining in the US since the early 1980s, divorce still shapes a large part of U.S. culture.
One reason the divorce rate declined has to do with who is most likely to get married these days. Over time, the married population has shifted toward adults with higher levels of education. Adults with more education are less likely to divorce, and these shifts have driven down the divorce rate. People with lower levels of education have become less likely to marry. However, there is not a strong link between education and remarriage among Americans who have divorced.
A big exception to this is the gray divorce. In 1990, the divorce rate was 3.9 divorces per 1,000 married women ages 50 and older. By 2008, the divorce rate for this group had risen to 11.0. This stayed relatively stable through 2023, when the divorce rate among older adults was 10.3. In contrast, the divorce rate for those ages 15 to 49 remained stable from 1990 to 2008 and fell between 2008 and 2023.
Roughly two-thirds of Americans who have divorced have gone on to remarry. Divorced men are slightly more likely than women to remarry (68% vs. 64%).
For those who do remarry, the economic benefits can greatly outweigh the single life. Pew found that the median household wealth, or net worth, of divorced working adults was $98,700 in 2023, while those in their first marriage had a median household wealth of $326,900. Remarried people had a slightly higher net worth of $329,100, Pew researchers found. That is where prenuptial agreements can be helpful.
Florida Prenuptial Agreements
I’ve written about prenuptial agreements before. Prenuptial agreements are about more than just resolving uncertainty in a second or third marriage.
A prenuptial agreement (or “prenup” for short) is a contract between people intending to marry. A prenup determines spousal rights when the marriage ends by death or divorce. This can be especially important in second marriages.
If you divorce without a prenup, your property rights are determined under state law, and a spouse may have a claim to alimony while the suit for divorce is pending and after entry of a judgment.
Prospective second spouses may limit or expand state laws by an agreement. Prenups are also used to protect the interests of children from a prior marriage, and to avoid a contested divorce. Prenups can be a reliable guide for anyone contemplating remarriage after divorce.
More Research
Previous research has shown that men are more likely to remarry than women, but estimates of remarriage typically look at both widowed and divorced adults. Because widows are less likely than divorced adults to remarry and women are much more likely than men to be widowed, previously married women are less likely to remarry than men. The gender difference isn’t as large when looking only at divorced women and men.
Some divorced adults who have not remarried live with an unmarried (or cohabiting) partner. In 2023, 15% of divorced women and 19% of divorced men lived with an unmarried partner. The researchers at Pew also discovered that divorced adults have lower household incomes and less wealth than married adults. Perhaps this drives people to remarry.
Working-age adults who are currently divorced also have less median household wealth ($98,700) than those in their first marriage ($326,900) and those who are remarried ($329,100). However, divorced adults have more household wealth than never-married adults ($98,700 vs. $32,600).
The CBS News article is here.
