Should ordinary folks consider getting Prenups

[Wendy]

Prenuptial agreements are often entered in by wealthy people to divide assets and wat not. But should ordinary engaged couple consider it in the event that the marriage is dissolved?

Some people find prenuptial agreements morally repugnant but do we live in a day and age where people have to protect themselves? Divorce in some, if not all cases, result in the loss of homes/assets, ruining of credit, ugly custody battles etc – some pretty quarrelsome stuff that can ruin a person’s life. Is it a good idea for people these days to “spell out” what they want to occur if the marriage ends in divorce so that the transition out of the marriage is less stressful/painful?

Would love to hear your thoughts

[Wendy]

Re: Should ordinary folks consider getting Prenups

So wait... jus because unu inlove and in-lust now unu cyan have an opinion

[Gen]

Re: Should ordinary folks consider getting Prenups

if the individuals want to, then yes.


same with a will, trust etc, ordinary people (as in not wealthy) should do it if they want to.

[Nylah]

Re: Should ordinary folks consider getting Prenups

if that is what they want okay. but Wills and such are an entirely different matter and I want to bax ppl when then dont write one.....

but many of the issues regarding asset division upon divorce can be structured between a couple without the use of a prenup as well.

this can happen after a couple is done having sex

[Wendy]

Re: Should ordinary folks consider getting Prenups

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Nylah</div><div class="ubbcode-body">

this can happen after a couple is done having sex </div></div>

Dis mek mi BOAL

You said something that peaked my interest ..what other way ther is to devide assets legally in a divorce other than a prenup?

[Gen]

Re: Should ordinary folks consider getting Prenups

yes what other way?

<span style="font-style: italic">especially if you live in a community property state </span>

[Wendy]

Re: Should ordinary folks consider getting Prenups

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">if the individuals want to, then yes.


same with a will, trust etc, ordinary people (as in not wealthy) should do it if they want to.
</div></div>

Gen I agree with the Will and thing but dat different. I know it is a decision the 2 people need to make but nowadays that a di laas ting pan people mine when dem get engaged. Mi question was more to say should people really siddung a discuss this seriously cause yuh neva know. It is unfortunate but when marriages go downhill and the sourness tek in ..sometimes yuh havi sey what if there was a protection fi shelta from fram di wrath dat is coming.

French Tickla fren an some odda stories got me thinking along that line

[Nylah]

Re: Should ordinary folks consider getting Prenups


I dont need Queenie calling me tonight and disturbing my peace cause I didnt follow her instructions

if you have a good financial planner you can have some of your assets structured in such a way that if u do split, it is easier to dis-entangle. You can have caveats to titles and the like - that kind of thing.

[Nylah]

Re: Should ordinary folks consider getting Prenups

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">yes what other way?

<span style="font-style: italic">especially if you live in a community property state </span> </div></div>

well since I live in the Tundra I cant even guess on that

[Wendy]

Re: Should ordinary folks consider getting Prenups

hmmmnnn...intersting. Mi always thought that what you accumulate in the marrige is marital property/asset by most state laws

Are you saying in this arrangement the signature on the dotted line fi dem dey paperwork is enough to protect you?

[Nylah]

Re: Should ordinary folks consider getting Prenups


well that part I havent seen tested to be honest. but it should work in the same manner as a prenup - just not as formal.

[Gen]

Re: Should ordinary folks consider getting Prenups

my mention of the will etc was to say that is not about being super wealthy, and that anyone, if dem want, should/can do it.

yes it is a part of an individual or couple's &quot;financial planning&quot; package, and some people like to plan.

the idea of a prenup is not for everyone though, and some people baulk at the thought. there are a lot of things people need fi siddung and discuss before dem get married

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Wendilina</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">if the individuals want to, then yes.


same with a will, trust etc, ordinary people (as in not wealthy) should do it if they want to.
</div></div>

Gen I agree with the Will and thing but dat different. I know it is a decision the 2 people need to make but nowadays that a di laas ting pan people mine when dem get engaged. Mi question was more to say should people really siddung a discuss this seriously cause yuh neva know. It is unfortunate but when marriages go downhill and the sourness tek in ..sometimes yuh havi sey what if there was a protection fi shelta from fram di wrath dat is coming.

French Tickla fren an some odda stories got me thinking along that line </div></div>

[Nylah]

Re: Should ordinary folks consider getting Prenups

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> there are a lot of things people need fi siddung and discuss before dem get married
</div></div>

Everyone SHOULD have a Will cause if u dont know your intestate laws for your area, your kin especially ur little child will be salt.

Here in Alberta without having it specified in a will if u die your children become wards of the court and will not go to next of kin without an elaboate adoption process.

My friend verbally told me that if her and her husband pass, they want me to have their kids but that will not happen unless it is recorded in a Will. Other provinces it isnt the same thing.

[Wendy]

Re: Should ordinary folks consider getting Prenups

Yes some baulk at it.. If you were presented with this before marrige would you consider it?

I know the tendency is to prabably yuh man if he said let's have a prenup but is it a reasonable thing for couples to sit down and plan the transition if the marraige were to dissolve.

[Nylah]

Re: Should ordinary folks consider getting Prenups


Mr asked what I thought of one and I said we can forgo one. It isnt like either of us a rich and thing but it had to be asked.