re: How does a basic prenuptial agreement work?

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.