Sunday, August 2, 2009

Pre-Nup?? What do you guys think?

Just a question. I am torn with this one. I feel that it shouldnt be about the money but what if one person was to get a large inheritance and it didnt work out? Should you have to split that 50/50?? I dont think that would be fair to do but under different circumstances I might feel that everything should be split 50/50. And I really dont want to hear about trust and love b/c I am completely in love with my soon to be and we both trust each other~it's the what if that is my question

Pre-Nup?? What do you guys think?
If you're looking at what-ifs, you'll want a pre-nup. You're completely in love now, but what if that changes in the future? A pre-nup can be made so that it protects you both if you get a divorce in the future. A pre-nup can be fair so that you are both provided for. If you're really in love, there won't be a problem drafting a pre-nup that in the best interest for you both.
Reply:Just in the case of the events you are talking about, I have left the money I am leaving to my kids in a trust fund for the grandkids. That way there is nothing for the married couple who is splitting to fight over.
Reply:If this concerns you (as I'm sure it does with a great many people, so don't be worried!) it sounds as if you shouldn't be getting married.





Get married for these reasons:





1) Religious reasons - at which point there will be no splitting, even if it turns out the relationship takes a nose-dive after the wedding.





2) Visa reasons - if two people from differant countries have to marry to be in the same place at the same time, or





3) Legal reasons - the legal binding of two people finantially amungst other things.





If you are in love that's awesome, but you need not get married. If your relationship is strong and stable, you should not need to be wed - and if there is talk of pre nups then I'd say it's a pretty good reason to not get married.





If you can think of a what if, you are not trusting yourself or your partner as much as you'd like to think.





Of course, if you re not trusting yourself or your parter as much as you'd hope - THEN GET PRE NUPS!!





Hope this helped.





P.S - I'm married with no pre-nups for reason number two (I'm English my hubby is American) - I have a larger inheritance then him and I shall share with him every penny of it! He is my love and my life.
Reply:It would depend on the state you live in if they would get half. In NC the answer is a very loud YES! My Stepfather had a house for many years before he married his ex-wife and when she left him for another man he filed for divorce. She was entitled to half on everything, and he couldn't afford to pay her out of the house. He was forced to sell what he considered his family home. Just a thought for ya!
Reply:That's what a pre-nup is for...the what if's. Marriage is not a guarantee...it's a gamble....and it's also a merging of assets. Neither you or your partner can predict what will happen 10 years down the road. A pre-nup is giving you some security IF things don't work out. I'm making my fiance sign one...sure, it's a bit unromantic but it is the responsible thing to do.
Reply:Love is love but business is business. If either (or both) party stands to lose significantly in the event of a divorce, then a prenup is the only way to go.
Reply:yeah i would get one.. you never know what could happen in the future..who knows prince charming.may develop a habit that you can not live with.. drinking.. women.. drugs... etc..or he just may want to live..or you might who knows.. get one that benifits the both of you..
Reply:Pre Nups are good. At first you may have question but its worth it. I think they are a good way of maning your financial affairs without having to argue about it. Pre-Nups and financial agreements make things alot easier.
Reply:Check the laws in your state first. An inheritance may not be considered "community property", especially if you do nothing to let those assets intermingle with other jointly held assets (like depositing the money into the joint checking account, putting a title to a house in both of your names, etc.). If the inheritance can be treated and kept as the sole property of the receiver and not a marital asset, you might be able to avoid the "ugliness" of a prenup.





Otherwise, I think it is perfectly legitimate to ask a potential spouse for a prenup on that condition alone...and you may find out if they really only want you for your inheritance!
Reply:This is why i do not like marriage. marriage is too easy to get out of. If it were not, there would be no need for a pre-nup. But, because it is, i would highly recommend a pre-nup for every marriage. What happened to the death do us part section of the contract? Why would you want to split 50/50 under certain circumstances? Is it because YOU will be the1 with the inheritance in this scenario/hypothetical? And please do not tell me the other party in the marriage is inheriting IT. Either way, it will be yours if married. Why are you torn? What does trust and love have to do with it, right. Is it not trust and love that bind the 2 of you together and are the reason you want marriage in the 1st place? It is never about the money until YOU are the 1 that has it. If one marries for love, that is great, leave the money out of it, and if for money, that's great too, leave the love out of it, unless one loves money.


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