Houston Chambers
How much personal net worth warrants a prenup?
250k, 500k, 1.5 mil, 3 mil, no amount? I have what I believe is a substantial amount of net worth and I am trying to decide whether to ask my fiance to sign a prenup. Obviously, marriage should be forever but the average divorce rate forces me to ponder this question. Thanks.
Public Comments
- Why a prenup? Are you planning to get a divorce before you're married? If your life is all about your net worth, then you need a prenup no matter what your present worth is, don't you think?
- What the heck is wrong with you?? Pre-nups are worthless birdcage liner. Do you realize that a women is "entitled" to your property upon marriage? Entitlements can't be waived as a matter of law. At best a prenup is simply a negotiated settlement, its completely non binding and can be undone with the stroke of a pen by some sissy judge. There are a million arguments she can make: Lack of full disclosure as to your "potential" earnings..? How the hell are you suppose to know how much you will make going forward? If you are wrong, she has a cause of action for "fraud" and can challenge the pre-nup and "enforce" her rights as a matter of law to take you to the cleaners. Further, alimony is not brought in civil court, where there are juries and appeals, moreover, family court judgments for alimony can't be discharged in bankruptcy. Imagine this, you are dying of cancer, and you need $70K for surgery to save your life... You down to your last $70K in your bank. The family court will, as a matter of law, will order that cash turned over to your ex and her money grubbing attorney, while you die in the street like a dog. Think about that pal. You say YOU have a substantial net worth - get married and it will be WE have a substantial net worth. California has a law that says after 10 years of marriage, its automatic alimony for life, regardless of pre-nups. Why any man would want to get married is so beyond me its ridiculous. If these women want the easy life, let them earn their own goddamn money ! DON'T DO IT BRO! YOU WILL BE SORRY !
- Nobody goes into marriage thinking that it will end in divorce. But having a prenup, can save alot of heartache if your marriage does end up in divorce. I think if you have alot of net worth then its a very sensible idea.
- Haven't you ever heard the saying "it's cheaper to keep her"? Actually, there is NO SUCH THING as an air tight pre-nup. Ask anyone in Hollyweird. Personally, it will just be a waste of an attorney fee. If you really want one, just have a friend draw one up and tell your chick it's real.
- The amount does not matter. It is the reason you need this prenup. If you decide to sign a prenup, make sure you do not show that you are more interested in protecting your money more than protecting her. If she gets that feeling, she will feel under-valued and your relationship will deteriorate. If you love to read, there is a smart way around it. Bottom line, Alex advises that, "present it in such a way that it looks advantageous to her. If she thinks there is a benefit to her, she is likely to embrace it warmly, and it won't be a source of weakness to the relationship" quote from (10 Steps to Success in Love and Marriage; Self-Help Secrets for the Smart Lover)
