Post # 1
To clarify: I’m a high earning professional in a big city. I have a mortgage and some student loans, all in my name. Fiance was laid off a year ago and has nothing left. his profession is not high-paying. My condo is worth $500k. I trust him 100%. I still wonder…should we sign a prenup? Has anyone been through this? I’m an attorney, so I know that the consequences of not havng a prenup could be devastating for me…
Post # 3
I was informed by my attorney (father) that everything that was acquired prior to the marriage is separate property and the other person cannot make a claim to it, no matter how long you are married.
However, if you sell your condo and use that money to buy a house together, it becomes 50% his.
Darling Husband owns a business and I own 2 investment properties plus some family property that we wanted to keep separate. Before we got married, we sat down and listed our assets and their values at the time and signed it. It’s not a formal pre-nup, but it’s just a little extra insurance.
Post # 4
Yes everything you own before the marriage is 100% yours as long as you don’t mix things together. But you might want to have something in terms of spousal support so that you aren’t paying out half your income to him if the relationship were to end.