(Closed) The Truth about Prenups (very long)

posted 6 years ago in Money
Post # 3
Member
1271 posts
Bumble bee
  • Wedding: June 2012

Prenups are a fantastic thing, if used it the manner in which they are intended.  The good news is that when they aren’t used in the manner they were intended they aren’t enforced by courts.

Another reason that I didn’t see in your post for having a prenup, is estate planning and premarital children.  If there are pre-marital children, those children need to be protected.  Period. 

Another note that, in California, a prenup CANNOT provide for child custody or support.  That is something that cannot be contracted for.  Even alimony provisions are subject to scrutiny, if they are one-sided. 

 

Post # 5
Member
53 posts
Worker bee
  • Wedding: October 2013

This was a thoughtful and accurate post. I just wanted to let you know, as well as bump it.

Post # 6
Member
5979 posts
Bee Keeper
  • Wedding: April 2013

Thanks for the info!  I feel like I should probably get a pre-nup and don’t really know where to start so this helps.

Post # 7
Member
2 posts
Wannabee

A prenup is really a “Insurance Policy” issued to you by the attorney. If it is challeneged in court and you lose, you can sue that attorney. Thus, prenup can be very expensive (assuming you have $500K or so in assets to protect) would be around $10-15K. That would include about $5K for your finance’s attorney to look it over and if they don’t have their own lawyer, then the document is not worth the paper it’s written on.

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