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Given the Divorce rate in this country and the fact it continues to rise shouldn't or wouldn't it be advisable for potential spouses to sign off on this before they or shortly after being married?
The misconception is that Prenups are for the wealthy or for those who have a lot to loose, which isn't the case. More and more now were seeing couple chose to go this route to protect themselves against bitter or misplaced emotions should a split happen.
The term "RICH" is subjective because everyones financial- status dictates their beliefs or views.
Both my wife and I were in agreeance to sign a Prenup and ultimately also signed a Postnup while in some eyes were not rich, we wanted to make this decision with clear head and minds should that time come, and not let hurt feelings or bitter emotions get in the way at the time of a split.
I made a vow until death do us part. I wouldn't have married my husband if there was any doubt in my mind that we would spend the rest of our lives together. I trust him completely and he trusts me. We had absolutely no desire for a prenup. If I get burned - so be it. This is the way we went into our marriage. And it's worked for us so far!
I didn't have one when I got married. Now that I'm divorced, nothing in the settlement would have changed with a prenup since neither of us brought much into the marriage to even worry about.
But a second time around, I have more assets, so maybe. I would certainly respect my partner's choice if he wanted one.
I am in favor when the circumstances warrant one. Usually, that is when there is a substantial imbalance in assets each has prior to marrying, AND there are children from a past relationship or one owns a business, especially if it is a family business or farm.
I'm sure there are other reasons to have one, but I totally disagree with the idea that it assumes failure. There is a lot of emotional bias when this topic arises that has little to do with fact. Anyway, the bottom line is that if you need one, then don't be swayed by bad logic or bad emotion to not have one. And if you don't have one when you know you should, you have no-one to blame but yourself if you later regret that choice!
If I were to get married in the future, I would prefer not to ask a beloved potential wife to sign one...although at the same time, I can also see why for some people, it may be a helpful or valuable asset...
IMO, signing a pre-nup says "I know this is going to fail one day, so let's just be ready for when this relationship goes downhill." Now, if there are kids from previous marriages and/or family businesses, then I'd understand the need for one. If you don't trust your SO enough, then you shouldn't marry him/her.
Location: Huntersville/Charlotte, NC and Washington, DC
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I see a pre-nup as nothing different than preparing for worst-case scenario or a natural disaster. Be prepared, IN CASE. Thing may or may not happen but a wise man always prepares for worst case scenario.
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