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Started By
Message
re: Did You Sign A Prenup?
Posted on 2/18/16 at 8:38 am to yellowfin
Posted on 2/18/16 at 8:38 am to yellowfin
quote:
I don't know what attorney you talked to but a prenup isn't going to protect assets you earn while married. They are designed for older people that go into the marriage with high net worth.
Well this just isn't true.
0
Posted on 2/18/16 at 8:43 am to DaTroof
you can't divide zero, so a prenup wouldn't have done me any good.
Posted on 2/18/16 at 8:45 am to tigersfirst
Generally speaking it states that if we ever decide to split me and my assets including my house (that we live in, but is in my name only) and my retirement (that she has never contributed to and never will contribute to) are protected, especially in the event of adultery on either party's side. If we ever decide to split she wouldn't be entitled to much financially. That said, she doesn't contribute much financially either. It was the only way I'd get married. I've seen too many hard working people get financially devastated by a greedy ex spouse that contributed very little, so I protected myself.
ETA - FWIW the prenup goes both ways, so she is afforded the same protections as I enjoy.
ETA - FWIW the prenup goes both ways, so she is afforded the same protections as I enjoy.
This post was edited on 2/18/16 at 8:47 am
Posted on 2/18/16 at 8:47 am to Salmon
quote:
No because neither of us had shite when we got married
Well in a community property state such as LA, you only split what you acquired as a "community" IE once you are married. What you had before marriage is off limits. A prenup would protect your earnings while married, not before.
Posted on 2/18/16 at 8:47 am to DaTroof
No. Half of nothing = nothing.
Posted on 2/18/16 at 8:48 am to DaTroof
We signed a separation of property agreement. Basically says what I brought into the marriage and what I earn after marriage stays with me and same for her.
It only comes up in a big fight, maybe once every couple years or so, lol.
It only comes up in a big fight, maybe once every couple years or so, lol.
Posted on 2/18/16 at 8:49 am to White Bear
When the discussion of a woman taking money comes up everyone on this site is all of a sudden poor.
Posted on 2/18/16 at 8:51 am to jmarto1
quote:
When the discussion of a woman taking money comes up everyone on this site is all of a sudden poor.
I regret that I have only one upvote for you, sir
Posted on 2/18/16 at 8:52 am to MikeBRLA
quote:
A prenup would protect your earnings while married, not before.
it would only protect my 401k
everything else would be considered community property, such as house, vehicles, IRAs, other investments, as my wife contributed to those
and call me naive, but I don't think my wife would come after my retirement
Posted on 2/18/16 at 8:52 am to DaTroof
I bought my house prior to us getting married. So if I go through the big D, it is separate property - not community.
Posted on 2/18/16 at 8:53 am to Salmon
quote:
and call me naive, but I don't think my wife would come after my retirement
a dicvorce lawyers job is to talk her into wanting half of your retirement.
Posted on 2/18/16 at 8:53 am to jmarto1
Either way I couldn't earn my paycheck without her doing what she does(kids, house, errands, etc) for me so even though her name isn't on the pay stub she earns it just like me so I don't have a problem splitting assets if we divorce.
Posted on 2/18/16 at 8:55 am to Displaced
like I said, unless I do something that would cause her to something just out of spite, I'm not worrying about my wife coming after my retirement
call me dumb, naive, etc...I don't care
call me dumb, naive, etc...I don't care
Posted on 2/18/16 at 8:55 am to yellowfin
quote:
Either way I couldn't earn my paycheck without her doing what she does(kids, house, errands, etc) for me so even though her name isn't on the pay stub she earns it just like me so I don't have a problem splitting assets if we divorce.
You'll never get these guys to understand that.
Posted on 2/18/16 at 8:57 am to DaTroof
Plenty of attorneys still get involved when a prenup exists. Don't be surprised when you are saying "Talk to my attorney". Still plenty left for an attorney to seek in a divorce.
Posted on 2/18/16 at 8:57 am to Salmon
im with you.
my wife and i both work and we both make about the same amount of money. if things stay how they are, i dont think our hypothetical divorce would be very messy either.
my wife and i both work and we both make about the same amount of money. if things stay how they are, i dont think our hypothetical divorce would be very messy either.
Posted on 2/18/16 at 8:58 am to Salmon
quote:
and call me naive, but I don't think my wife would come after my retirement
You're naive. Wait until her attorney tells her everything she's "entitled" to
Posted on 2/18/16 at 8:59 am to DaTroof
If my wife cheats, I will do everything in my power to make sure she gets nothing. I will literally take my entire life savings and go to the casino and blow it if I had to. I'm a spiteful MF'er and will get by. There are many ways in which it is unfair to the Husband if the wife just decides to up and leave.
But, I don't agree that she doesn't have a right to some of my retirement if there was another legitimate reason for our divorce. I'm the breadwinner, but we also do things geared toward my career. She puts the company match into her 401k, but I max mine out while she is paying off student loans. We know that we will move for my job at any time which doesn't let her really build a career even though she has a masters degree and good reputation everywhere she works. So it's not fair completely to say it's all "my money". I wouldn't be making it if she wasn't willing to move. And she'd probably be making 20k more by now if we hadn't moved for my work.
But, I don't agree that she doesn't have a right to some of my retirement if there was another legitimate reason for our divorce. I'm the breadwinner, but we also do things geared toward my career. She puts the company match into her 401k, but I max mine out while she is paying off student loans. We know that we will move for my job at any time which doesn't let her really build a career even though she has a masters degree and good reputation everywhere she works. So it's not fair completely to say it's all "my money". I wouldn't be making it if she wasn't willing to move. And she'd probably be making 20k more by now if we hadn't moved for my work.
Posted on 2/18/16 at 9:01 am to yellowfin
quote:
I don't have a problem splitting assets if we divorce
Nor do I for the most part. It's not about what I'm willing to give her. It's about what she's willing to take that I wouldn't be comfortable giving her. I married a good woman, and I would think that most people have the same mind of thought when they say "I do". I'm also fully aware that people change, especially in the heat of a divorce. People get greedy. They take much more than they deserve and sans a prenup you don't have much choice but to hand it over whether you like it or not. I simply protected myself from at least some of this. I'm hoping I never see the prenup again. It's behind us. We're happy. Regardless, if things change, I have some peace of mind knowing I'm protected.
Posted on 2/18/16 at 9:12 am to DaTroof
Yes and it hasn't impacted our marriage of over a decade.
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