Why the Millennial generation is signing more prenups than ever before

Why the Millennial generation is signing more prenups than ever beforeWhy the Millennial generation is signing more prenups than ever beforeKanye Wests Gold Digger may have had a more brdeing effect on Millennials than anyone previously thought. In the song, which reached peak popularity when the avocado toast-obsessed generation was in high school or college, West preached, we want prenup.Now, more Millennials are requesting prenuptial agreements, commonly referred to as prenups, before marrying.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreIn a study conducted by the American Academy of Matrimonial Lawyers (AAML), 62% of divorce attorneys surveyed saw an increase in the total number of clients requesting prenuptial agreements in recent years and 51% cited an increase in the number of Millennials signing the premarital contracts.Members of the Millennial generation are particularly choosing prenups as the best option to cover separate property holdings, business interests, anticipated family inheritances, and potential alimony claims, said Joslin Davis, the president of the AAML in a press release at the time the study was released.Millennials are getting married laterThePew Research Centerrecently released a new set of guidelines that declares which generation a person belongs to based on their birth year. The new guidelines define a Millennial as anyone born from 1981 to 1996, or anyone who is currently 22- to 37-years-old.The real reason for the uptick, though were not ruling out Wests influence, is thought to be linked to the trend of marrying later. Since 2005, the median age to get married has risen from 27 to 29.9 for men and 25.5 to 28.1 for women.The age increase means that Millennials have greater assets to protect by the time they wed, and thus more incentive to sign a prenuptial agreement.Millennials are not only the last generation old enough to remember t he events of 9/11 but also entered the workforce during and after the height of the economic recession of 2008. Pew reports that the economic state at the beginning of many Millennials careers greatly influenced their financial decisions, such as the choice to sign a prenup.Ladies choiceWhile the rise among Millenials is a notable trend itself, the AAML also reported an increase in the number of women initiating the request for the prenuptial agreement. Millennial women are asking for prenups more frequently than in the past, according to Peter Walzer, president of the AAML.I find personally were representing a lot more women who are requesting prenups, Walzer said.Walzer noted that the uptick comes from an increase of wealthy women who are looking to protect assets, such as cosmetic companies or styling lines.A new study reports that the pay gap has narrowed from 6.5 percent in 2011 to 4.6 percent in 2018. As the gap shrinks, there are more women becoming the primary wage earners i n a marriage, which could explain why more women are beginning to consider the legal agreement before getting married.Personal brands or companies arent the only reasons that women visit Walzer to inquire for prenups.I may actually do more prenups for women than I do for men, and a lot of them are for alimony, Walzer said.A separate AAML study reported that 45% of attorneys surveyed cited an increase in the rise of women being responsible for alimony. Also, more than half of those attorneys cited an increase in the number of women paying child support in recent years. These patterns in legal actions reflect the effects of not only the rise in the number of two-income households but also the equality in caring for children.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you c an make in an interview, according to 12 CEOs10 habits of mentally strong people

7 Resume Tips Every Recent College Grad Should Read

7 Resume Tips Every Recent College Grad Should Read7 Resume Tips Every Recent College Grad Should ReadCraft a strong resume that says youre ready for the workforce. Use these seven tips to help you send the right message to prospective employers with your resume.Ditch the objective statementWeve all seen an objective statement that goes something like this Looking for an entry-level position that will help me gain skills and allow me to contribute to an organization. This tells the reader nothing about the persons goals or relevant skill-set. Instead of your run-of-the-mill objective statement, use the space to give the reader your elevator pitch. In three to five sentences, explain what youre best at, most interested in, and how you can provide value to a prospective employer. We call this your professional summary.Include relevant key wordsIncorporate common terms and key phrases that routinely pop up in job descriptions youre interested in applying to (assuming you honestly have t hose skills). The ATS ( Applicant Tracking System ) software is programmed to scan your application for specific buzz words to determine if youre a likely fit for the role. You typically have to make it past that check point before a human will ever set eyes on your application.Describe your contributionsUse bullets under each job description to describe how you contributed or supported your team or managers projects and initiatives. A recruiter or employer is not expecting you to have a long list of professional accomplishments when youre fresh out of school thats one of the reasons why your education section is above your work experience on the resume. However, they want to get a sense of what youve been exposed to and if its relevant to the role theyre filling.Play up your strengthsYour relevant work experiences and internships are key selling points to employers. However, if you dont have much experience to list, focus on highlighting the areas where youve shined the most. For example, if youve received a number of awards for academic achievement, such as academic scholarships or making the honor roll, then create an Honors section below your education information. If you were cum laude, include that in your education section. If your GPA (cumulative or in your major) is brag-worthy, then include it next to your degree. If not, leave it off and focus on your other accolades.Highlight your leadership skillsAs an entry-level professional, theres mora flexibility with the resume format. For instance, it might make sense to divide your experience into Relevant Work Experience and Additional Work Experience sections so that your relevant internships are at the top of your experience. Other students can benefit from including a Leadership section after their Work Experience to highlight their involvement in leadership programs or volunteer work, or to mention any positions they held within extracurricular activities.Include a skills sectionDont assume an employ er knows what skills you possess. If youre well-versed in social media channels such as Facebook, Twitter, Instagram, Pinterest, and LinkedIn, list them. The same goes for your familiarity with Microsoft Office Excel, PowerPoint, Word, and Outlook. Depending on the role youre pursuing, these skills could be valuable selling points.Keep the presentation cleanThe average recruiter looks at a resume for 6 seconds, so stay away from crazy fonts, colors and images. You want the focus to be on your qualifications, not the photo you included. Be consistent in how you represent locations (Atlanta, GA vs. Atlanta, Georgia) and time (Summer 2012 vs. May 2012 achter monat des jahres 2012 vs. 05/2012 08/2012). Stick to a black font thats easy to read on and offline, such as Arial, Calibri, Cambria, Tahoma or Times New Roman, and a plain white background.Click on the following link for more information on crafting the right resume.

The Shellback Ceremony

The Shellback CeremonyThe Shellback CeremonyAre you a Pollywog or a Shellback? If you do not know the answer, perhaps you have not crossed the equator in a United States Navy vessel. There is an elaborate ceremony that takes place onboard ship and is a great morale booster and way for the crew to blow off some steam after a long deployment away from home. The Shellback Ceremony what happens?One can even find photos and videos on facebook inc pages kept by various ships (such as CVN-70 (Carl Vinson)Welcome New Shellbacks). But, keeping in mind that each ship does things differently (US Navy Coast Guard ships no one becomes a Shellback on an Army Ship, and civilian ships such as cruise ships do things their own way as well) but, the basic structure of the ceremony goes something like this Traditionally, the day before the crossing, King Neptune (aka Neptunus Rex) notifies the ship either by sending his Herald aboard, or some other method such as a radio message - that he intends to exercise authority over his domain and to judge charges that have been brought against Pollywogs (charges such as they are only posing as sailors, or that they havent paid proper homage to the god of the sea). These days, many ships hold talent shows the night before (one of which is the Queen Competition), with the understanding that the winners will be given an easier time the following day - dancing, songs, skits, poetry recitation, as well as contests such as who can do the most push-ups or sit-ups/crunches. After the show, Pollywogs receive a subpoena from Davy Jones to stand before the court the next day and answer to charges brought against them by the Shellbacks. High ranking members of the crew and those who have been Shellbacks the longest dress up in elaborate costume and each play the part of King Neptunes court. For instance, the ships captain might play the part of King Neptune himself. Alternately, it might be the oldest shellback on board.Members of King Neptunes Ro yal court generally includes His Queen Her Highness Amphitrite (this is usually the winner of the previous days Queen Contest, and the only Wog in the court and the final individual to become shellback, running through everything last). Davy Jones His Majestys Royal First Assistant The Royal Baby Everyone loves to kiss a baby, right? Well, in this case, pollywogs are required to kiss the babys belly. The Royal Scribe consider him the Court Stenographer, if you will. Sometimes Davy Jones is also the Royal Scribe The Royal Doctor Oh, the potions he brings The Royal Barber One must be made presentable for the King (relax - these days its a wood razor) Depending upon the tradition of the ship, there may also be the Royal Herald, the Royal Navigator, the Royal Chaplain, the Royal Judge, Attorneys and other personages. (this is, after all, supposed to be fun). The remaining participating Shellbacks dress up as pirates (or beach bums, as it suits them), and maintain order of the pol lywogs for the duration of King Neptunes visit. After breakfast, which is made special for the Pollywogs to eat (have you ever had coffee made from sea water? Yuck), the Pollywogs get into the Uniform of the day usually wearing their clothes inside out and / or backwards - and perform a variety of activities which might involve crawling across the deck (or crawl through a tube) strewn with objectionable debris (quite often consisting of that uneatable breakfast that was served to the Pollywogs) on their way to present themselves to King Neptune. Prior to appearing before King Neptune, various members of his court may have specific tasks for various pollywogs. Such as the Royal Doctor making sure that a wog is properly treated for, say bad breath (and let me say, if he didnt have bad breath before after drinking that potion, he will). Or a visit to the Royal Barber. Next, the Pollywogs kneel before the King and kiss the royal babys belly (according to some accounts is the babys bel ly covered in grease, or other condiment such as Chinese Mustard. Often, if the navel is big enough on the baby, there may be small fruit lodged in it. Then accused appears before King Neptune, who sits in judgment (or, if there is one, the Royal Judge handles most of the appearances and hands off to King Neptune the special cases) and pronounces any punishment to be handed out. Finally, the Pollywogs take a royal bath in a pool of sea water (or salt-water shower via fire hoses) before being declared Shellbacks. Comparatively, the initiation rites in todays modern navies are far less stringent than of the past whereas before the events of the ceremony were meant to be physically challenging and even painful for new sailors to accomplish. Today, those challenges are strictly voluntary and are reduced for health and safety reasons. The ceremony is now seen more as entertainment, building unit cohesion and a sense of shared identity, and for morale boosting than anything else. For the curious, I became a Shellback aboard FF-1070 (Downes) on the 9th of January, 1984.