Prenuptial agreements

[Kamban]

John's family prenup was shockingly strict to where if Jane divorces John or there is infidelity she gets a one time payment of $50k, returns all gifts, has no rights to house etc etc. In some ways I think it's easy when the family is so obviously part of the aristocracy b/c it comes down to what the family will allow and you aren't going to successfully argue with that. The thing that sucks is that Jane doesn't have much recourse if John cheats or makes her life miserable.

Jane is a professional. She can certainly do well in her life without John. If I were her, I would tear that prenup and throw it at John's face and walk out. It is truly an insult to her.

And I would never dream of offering such a prenup to my fiancee.

[fatlittlepig]

Lol you don’t think this sort of thing actually happens?

perhaps it does, but I doubt it's common but I wouldn't know, it's not something that I can identify with or understand.

[Shant]

Of course the kids are going to find out the family handcuffs when the kids try to get married.

[MPMD]

It’s not exactly a believable anecdote.

not sure what to tell you except that it's true...

[adventure]

We both earn a decent living, and we discussed a prenup pre wedding. It was... stressful, but it helped up settle somethings (mostly just how to talk to each other, ha) before we wed. Neither has family money, both had and still has good earning potential.

We didn't have the funds nor wherewithall to do "it right" before the wedding, and hire 2 law firms to advise us both, etc.

But it helped us before hand to talk. I don't recall, but I'm sure there were tears and stress. If either of us were to marry now, we'd both certainly discuss it, and I wouldn't marry without one.

[CM]

I don't have a prenup. I married with a 7-figure net worth, maybe 100X my wife's net worth. After we married I put all of my assets in joint accounts (except the retirement accounts that can't be converted). It's our money now. I wouldn't have married if I wanted it any other way.

I stopped worrying about myself and my money. I just want to take care of her.

A prenup is an example of cognitive dissonance. One makes a promise for life while simultaneously preparing documents to handle the dissolution of the relationship. That makes no sense to me.

Just don't get married. It isn't necessary.

[Lithium]

Like WCI says, you should insure against financial catastrophe. Hard to come up with a more common financial catastrophe than divorce.

[CordMcNally]

Like WCI says, you should insure against financial catastrophe. Hard to come up with a more common financial catastrophe than divorce.

Who you marry is much more important than the prenup.

[Lithium]

Who you marry is much more important than the prenup.

Can’t argue with that. That’s like saying driving safely is much more important than having good auto insurance.

Divorce is still a relatively high percentage financial catastrophe. Get the best insurance you can and hope you never need it.

[CordMcNally]

Divorce is still a relatively high percentage financial catastrophe. Get the best insurance you can and hope you never need it.

I think your odds of getting a divorce are much lower as long as you aren’t marrying a Kardashian.

[Lithium]

I think your odds of getting a divorce are much lower as long as you aren’t marrying a Kardashian.

Statistics say otherwise. And if it’s a Kardashian I’m marrying, that’s the rare scenario in which I won’t be asking for a prenup.

[CM]

Statistics say otherwise.

Your marriage isn't a random event. Other marriages between other people have nothing to do with it.

[Lithium]

Your marriage isn't a random event. Other marriages between other people have nothing to do with it.

It’s still a lot more likely than plenty of other things we insure against.

[Guest]

I am getting married in New York but will be living with spouse in Georgia, she is on a student visa and I am a US citizen by birth. Should we get the prenup in New York or Georgia?

Thank you

[Kamban]

I am getting married in New York but will be living with spouse in Georgia, she is on a student visa and I am a US citizen by birth. Should we get the prenup in New York or Georgia?

Thank you

Pre nup is to help protect assets gotten before you marry. I am not sure the visa rules change that. The state that you reside in is the state that you should have a prenup.

Do either of you have assets that you want to protect. What exactly do you want to achieve with this prenup.