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Old 05-04-2016, 04:48 PM  
BWillie BWillie is offline
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Possibly getting married, what do I need to know about a prenup

No kids, only have cat, but have multiple properties and liquid assets. Plan on filing separately even if get married. What do I need to know?

http://cordellcordell.com/ ???? Their commercials crack me up.

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Old 05-05-2016, 08:26 AM   #61
Mrs. Loopner Mrs. Loopner is offline
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If she's pulling in a 6 figure income and putting a large chunk toward paying off the debt, so she doesn't follow in her parents footsteps that's different but you haven't mentioned her income situation which suggests it's not ideal.
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Old 05-05-2016, 08:27 AM   #62
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Originally Posted by BWillie View Post
I'd rather not give half of my net worth if we get divorced. Especially since I own many assets and she owns nothing except 5k equity on a 20k car. That is why I have never wanted to get married, I am too scared that everything I've worked so hard for will be for not if it didn't work out. I've heard so many horror stories I just won't do it if I don't get a prenup.

I just want to make sure the prenup is actually valid. I need to ensure that regardless of fault, if marriage broke down I would get EVERYTHING that I own back and not get ****ed.
Marriage should be about love and joining together with your soul mate in the house of God-or whatever ceremony you believe in.

It is not about assets, pre-nup papers and worrying over getting screwed out of your old life.

If you have all of these doubts-it is best you don't get married at all. You would be going into it for all the wrong reasons and it will be doomed to fail.

If you truly Love this women-it shouldn't matter what she has, but who she is. Your property and assets should not define you either or determine what kind of man you are. Stuff can be replaced- can your relationship with this women be replaced as easy?
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Old 05-05-2016, 08:31 AM   #63
Amnorix Amnorix is offline
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Marriage should be about love and joining together with your soul mate in the house of God-or whatever ceremony you believe in.

It is not about assets, pre-nup papers and worrying over getting screwed out of your old life.

If you have all of these doubts-it is best you don't get married at all. You would be going into it for all the wrong reasons and it will be doomed to fail.

If you truly Love this women-it shouldn't matter what she has, but who she is. Your property and assets should not define you either or determine what kind of man you are. Stuff can be replaced- can your relationship with this women be replaced as easy?



Idealistic. Touching. Idiotic. Marriage is also one of the biggest economic commitments you can make. Where the parties come to the marriage with a gross economic disparity, ignoring that fact is dumb.




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Old 05-05-2016, 08:50 AM   #64
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You should never get married. You clearly love your stuff more than you love her.
This post is the only one that matters in this thread. Truth.
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Old 05-05-2016, 08:54 AM   #65
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Or he's being realistic in realizing half of all marriages end in divorce and wants to protect himself in case that happens in his marriage...
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If you don't have faith that you are marrying the right person and that your marriage will last you shouldn't get married. One of the reasons that 50% of marriages end in divorce is that people jump into marriage without taking it seriously enough.
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Old 05-05-2016, 08:55 AM   #66
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Read all the divorce/breakup threads in the hall of classics and other places on here then tell me you do not need a prenup.
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Old 05-05-2016, 08:56 AM   #67
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People change.

Morally, spiritually, religiously you may decide to honor your vows to a "different" woman. But that doesn't mean you have to let a court make that choice for you out of fear.
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Old 05-05-2016, 09:10 AM   #68
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Originally Posted by Amnorix View Post


Idealistic. Touching. Idiotic. Marriage is also one of the biggest economic commitments you can make. Where the parties come to the marriage with a gross economic disparity, ignoring that fact is dumb.




So people should only marry someone if their assets are the same-if not, they should get a lawyer and accountant, make sure it is fair money wise.

They should keep track and update the prenup to be fair to who is making more and buying what. Write your names on the property. Maybe have different accounts so the other can't spend your share. Divide the check at dinner, divide the bills equally and make sure if one of you gets sick-that somehow you are not responsible for their medical bills or having to take care of them. Probably be good to have your own shelf on the fridge so the other is not eating your food.

This way you have No risk, it is a business arrangement that can be terminated easy enough while getting tax and health care benefits. Perfect!!

So romantic-what girl wouldn't jump at this!!
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Old 05-05-2016, 09:24 AM   #69
Amnorix Amnorix is offline
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So people should only marry someone if their assets are the same-if not, they should get a lawyer and accountant, make sure it is fair money wise.

No. If the assets are not terribly significant, once you factor in earning potential, then a pre-nup isn't important. If I come into a marriage with $25,000 and my wife-to-be has $5,000, then it's not anywhere near a big enough disparity to lawyer up over.

Quote:
They should keep track and update the prenup to be fair to who is making more and buying what. Write your names on the property. Maybe have different accounts so the other can't spend your share. Divide the check at dinner, divide the bills equally and make sure if one of you gets sick-that somehow you are not responsible for their medical bills or having to take care of them. Probably be good to have your own shelf on the fridge so the other is not eating your food.

This way you have No risk, it is a business arrangement that can be terminated easy enough while getting tax and health care benefits. Perfect!!

So romantic-what girl wouldn't jump at this!!
Way to exaggerate.

The bottom line is that if one party has significant more income/assets than the other, then he is taking MUCH more risk in getting married than their partner. You manage that risk with a pre-nup.

Or, you know, don't worry about it if you get completely ****ED in the future. I'm not a divorce lawyer but I've seen people get absolutely wrecked when they should have had a pre-nup. You only have to see that once or twice before you realize how completely stupid that is.

You should also have an adult, rational, conversation about finances, budgets, joint accounts, and that stuff, but that isnt' really legal as practical and to avoid arguments in the future.
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Old 05-05-2016, 09:27 AM   #70
Amnorix Amnorix is offline
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So people should only marry someone if their assets are the same-if not, they should get a lawyer and accountant, make sure it is fair money wise.

They should keep track and update the prenup to be fair to who is making more and buying what. Write your names on the property. Maybe have different accounts so the other can't spend your share. Divide the check at dinner, divide the bills equally and make sure if one of you gets sick-that somehow you are not responsible for their medical bills or having to take care of them. Probably be good to have your own shelf on the fridge so the other is not eating your food.

This way you have No risk, it is a business arrangement that can be terminated easy enough while getting tax and health care benefits. Perfect!!

So romantic-what girl wouldn't jump at this!!
Let me spin this around.

So love trumps all? Don't worry about what you have or what she has, this is for LIFE. If you love her, then assets don't matter, damn the torpedoes and full steam ahead.



Yeah -- then when you find out your wife is going to own 25% of the business that your father started and handed down to you and your brother, which your family built through years of hard work BEFORE you married her, and now she is leveraging that to not only get the house, the kids, the alimony, the child support, but will give up the 25% only for SICK money -- on top of 50% of the cash?

Yeah, are you ****ING INSANE?

Whatever it is in life you deal with, it's not the assets of wealthy people. That much is clear.
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Old 05-05-2016, 09:43 AM   #71
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I'm 32, and don't really want to get into exactly how much assets I have, but she has 150k of student loan debt and very little assets. I have about 160 times more assets than she has, while she has actually more debt than me. Seems like a prenup would be a no brainer.
Doing some back of the envelope math, 160x her 5K in assets is 800K. Assuming that's legit, you should absolutely get a prenup.

Also, if she's a lawyer's daughter, she has certain lifestyle expectations. And if her dad is bad with money, she may be financially irresponsible as well.

Sounds like a great match!!
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Old 05-05-2016, 09:55 AM   #72
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If you don't have faith that you are marrying the right person and that your marriage will last you shouldn't get married. One of the reasons that 50% of marriages end in divorce is that people jump into marriage without taking it seriously enough.

This view is exceedingly romantic.

You can have all the confidence in the world in a decision you're making, but marriage doesn't involve just one person. As someone mentioned, people change. Who's to say this girl won't just wake up one day and "realize she doesn't love him anymore"? That sort of thing happens all the time.

If finances and assets are important to him then it's smart to get some insurance going forward.
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Old 05-05-2016, 10:11 AM   #73
BWillie BWillie is offline
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Wait, I reread the title.

Possibly getting married?

How does this work? Have you proposed? Are you deciding together? Does she even know you?
She's wanted to get married for 4 years. I respond by saying I can't take the time off work.

She is not amused. And I'm just tired of getting lectured about it all the time, by everyone, that I need to get married.

https://youtu.be/SG5XMNg5neI
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Old 05-05-2016, 10:31 AM   #74
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Originally Posted by BWillie View Post
She's wanted to get married for 4 years. I respond by saying I can't take the time off work.

She is not amused. And I'm just tired of getting lectured about it all the time, by everyone, that I need to get married.

https://youtu.be/SG5XMNg5neI
So you are the one that will divorce her? Why not just skip the part requiring that step? Or are you actually ready and willing?
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Old 05-05-2016, 10:31 AM   #75
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Originally Posted by BWillie View Post
She's wanted to get married for 4 years. I respond by saying I can't take the time off work.

She is not amused. And I'm just tired of getting lectured about it all the time, by everyone, that I need to get married.

https://youtu.be/SG5XMNg5neI
well that's a GREAT reason to get married.
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