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re: Premarriage Advice(asset protection)

Posted on 12/29/16 at 12:17 pm to
Posted by shel311
McKinney, Texas
Member since Aug 2004
112944 posts
Posted on 12/29/16 at 12:17 pm to
quote:

My thoughts - don't give up your biggest bargaining chip beforehand.

If she has significantly more assets, then let it be. If things fall apart then you can try to bargain not touching her assets for a fair deal.
But her assets are tied up in inheritance. He's not entitled to a portion of that immediately upon marriage, is he?

Posted by Nawlens Gator
louisiana
Member since Sep 2005
5963 posts
Posted on 12/29/16 at 12:22 pm to

Her personal property before marriage, and her inheritance after marriage, are not community property. They are her personal property and you can't touch them.

Posted by partywiththelombardi
Member since May 2012
11799 posts
Posted on 12/29/16 at 12:25 pm to
No. I have started looking into basic marriage terms. It is classified as a separate asset. Uptownsage mentioned something and I fact checked it. The only way it becomes a marriage asset is if community funds are used to maintain, repair, renovate the asset. As long as it is never mixed with community funds or assets it will remain completely hers.
Posted by Jorts R Us
Member since Aug 2013
17989 posts
Posted on 12/29/16 at 12:28 pm to
If she's the one with more to lose why bring it up? She'll think you are already planning your exit.
Posted by partywiththelombardi
Member since May 2012
11799 posts
Posted on 12/29/16 at 12:36 pm to
I am looking up prenups as we speak...I think it has nothing to do with planning exits.

I think it removes selfish entitlements that could effect the overall happiness of your marriage.

1.) you can keep fiances separate
2.) keep property in your family
3.) define who gets what in a divorce
4.) clarify responsibilities in a marriage

I think honestly this is what both of us want and I am going to talk it over with her and a bottle of wine.
Posted by partywiththelombardi
Member since May 2012
11799 posts
Posted on 12/29/16 at 1:08 pm to
LINK

LINK

if anyone else was interested this link goes over the basic concept of a Louisiana prenup and yes we both benefit greatly from having one written out.
This post was edited on 12/29/16 at 1:12 pm
Posted by Popths
Baton Rouge
Member since Aug 2016
4546 posts
Posted on 12/29/16 at 1:18 pm to
Inheritance is not community property unless she deposits it into a joint account. If she keeps it separate from other assets, she doesn't have to share anything with you. You sound like a douche anyway. I hope she reads this before she gets saddled with a loser.
Posted by partywiththelombardi
Member since May 2012
11799 posts
Posted on 12/29/16 at 1:20 pm to
we have already established all of that. we have moved on. you are late.
Posted by CrimsonTideMD
Member since Dec 2010
7124 posts
Posted on 12/29/16 at 4:51 pm to
quote:

My mother is terrible with money and milks my dad like a mule.


That "milk" might taste a little gamey, seeing as you can't milk a mule.
Posted by CrimsonTideMD
Member since Dec 2010
7124 posts
Posted on 12/29/16 at 4:54 pm to
Also, IMO don't bring up the prenup.

While I agree with your auto insurance comparison, most women don't think like that.

Plus, sounds like not having one could be more advantageous to you should things run sour.

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