- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How does a basic prenuptial agreement work?
Posted on 4/26/16 at 12:24 pm to GFunk
Posted on 4/26/16 at 12:24 pm to GFunk
quote:
GFunk
Well said. I didn't mean to come off as arrogant and thinking I have all these important assets. But to me it is a lot, and I realize that's because I lack perspective and long term. I know it's a bad way to think about things ending before they start, but that's just my nature- I'm always thinking about the worst case scenario and planning for that. My views of a prenuptial agreement were very off. I've just grown up hearing horror stories about starting over after a divorce and the ex taking everything. I don't have one foot out the door, although it may seem like that, I just run through every possible scenario
Posted on 4/26/16 at 12:55 pm to Tigerfan56
I agree with most of the sentiment here.
I do have a pretty strong prenup in place. But in my defense, it was well worth having one not only to protect myself but also my existing children and their interest. It basically states that what we took into the marriage is ours when we leave. I already owned the house we live in, a couple cars, etc.. The other thing I was advised to do was in how to structure our accounts. We have a joint but we both also maintain an individual. My individual pays all the bills for both of us. This way no mingled funds are ever responsible for paying any cars or mortgage so there would be no grounds to contest if we ever got divorced. On the other hand it does protect her in the event we get divorced, I can't get spiteful and backcharge her rent or take her car, etc. This is both our second marriage so it was no big deal to either of us and she wanted it in place as much as I did.
Also it cost me about 2500 but that was with my already existing estate/tax attorney so I'm not sure if he cut me a deal or not.
I do have a pretty strong prenup in place. But in my defense, it was well worth having one not only to protect myself but also my existing children and their interest. It basically states that what we took into the marriage is ours when we leave. I already owned the house we live in, a couple cars, etc.. The other thing I was advised to do was in how to structure our accounts. We have a joint but we both also maintain an individual. My individual pays all the bills for both of us. This way no mingled funds are ever responsible for paying any cars or mortgage so there would be no grounds to contest if we ever got divorced. On the other hand it does protect her in the event we get divorced, I can't get spiteful and backcharge her rent or take her car, etc. This is both our second marriage so it was no big deal to either of us and she wanted it in place as much as I did.
Also it cost me about 2500 but that was with my already existing estate/tax attorney so I'm not sure if he cut me a deal or not.
This post was edited on 4/26/16 at 12:58 pm
Posted on 4/26/16 at 2:20 pm to Tigerfan56
quote:
Tigerfan56
quote:
Well said. I didn't mean to come off as arrogant and thinking I have all these important assets. But to me it is a lot, and I realize that's because I lack perspective and long term. I know it's a bad way to think about things ending before they start, but that's just my nature- I'm always thinking about the worst case scenario and planning for that. My views of a prenuptial agreement were very off. I've just grown up hearing horror stories about starting over after a divorce and the ex taking everything. I don't have one foot out the door, although it may seem like that, I just run through every possible scenario
One of the things I think sometimes gets kids-and I don't mean that derisively-defensive when they come to ask for advice here is because they oftentimes get the Money Talk equivalent of a Rolling Stone lyric...
You can't always get what you want/
But if you try sometimes you might find/
You get what you need
Nobody's dogging you for being a thinker, a worrier, or a planner. Those are admirable qualities and they probably have helped put you in an enviable financial position compared to other kids your age.
The horror stories you grew up hearing had more to do with either men who were sh!tty husbands or broads who were floozies and not wives. They're also stories told by those folks who are more than likely much older than you are. Who had things like boats, cars, cash and kids tied up in a divorce.
In order to get where they are, you'll have to go down a path with 3,578 steps. In order. Right now? You're somewhere between step 2 or 3.
Choose your mate wisely. Give her the keys to the castle. Without trust it's over before it starts. Approaching her like that is a huge signal on your end that you don't trust her at all.
If you still feel cautious, it may be time to examine the relationship and the decision you're about to make.
This post was edited on 4/26/16 at 2:22 pm
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)