Good arrangement, seems fair. Since Belle was the trustfund baby in this situation, that explains the pre-nup. Not going to cry for a woman who didn't work for years and has millions in real estate. |
I hope she didn’t pay for the properties entirely out of her trust. If she did pay for the properties he really had it both ways - got to keep all his earnings plus get the home equity plus get grandparents to pay for all the schooling. I do think that the partner marrying a wealthier person needs to protect themselves with a prenup but this one was really aggressive! He got to keep all his money, have her contribute 50% of living expenses, no need to save for college or pay for private school, and then also got 50% of the real estate that he may not even have contributed to. all that AND he got her services as a SAHM and family connections. |
That’s why she’s on a revenge tour. Anyone would. |
I’m in a similar situation but with no prenup and I would have been just as bad off if I’d had that kind of prenup. My liquid assets also got tied up in real estate and we have a significant, massive income differential that came later in our marriage and our life was subsidized for a brief time before that by my family’s funds. The only way to truly be protected in this situation is with a post up, but by then you are so legally and financially vulnerable that a cunning spouse is not going to sign one. Rather than find 50 ways to parse how she could have known better, why are we not wondering about his morality? Really frustrating to read. |
| I think we all agree he is awful. |
It was in the essay/excerpt in Vanity fair. The daily expenses were all paid from an account where they each contributed 50-50. And she/her parents paid for the kids' schooling. |
She had no idea when she signed the prenup that he would go on to make that much money. Always risks in that respect. |
Is this an uber wealthy thing or an uber wealthy ny socialite thing? |
I’ve read the whole thread and feel like I’m missing something. Guy cheats and abandons his family, wealthy woman gets screwed by pre-nup she signed because she was in love…. Why is this a story? Just the money? |
It’s unclear to me how big her trusts and inheritance actually are though … |
His job was not funding it. Her parents/trusts were funding it. Her family has a lot of generational wealth. She is a direct descendant of both the Standard Oil founder and Cornelius Vanderbilt, among others. |
I read the book and yes you just summed up their financial arrangement. I'm a female attorney and I'm aghast that another female attorney would allow herself to get into this unfair situation. |
A lot of attorneys don’t have a good understanding of economics to understand how the prenup would play out in various scenarios. She should have listened to her lawyers though! And of course during the marriage she could have made smarter decisions, like purchasing smaller houses that she could pay for entirely out of the trust (so they would be 100% hers) or making him pay a bigger share when his earnings increased. |
And anyone going into a marriage looking at absolute worst-case financial or broken-trust scenarios is probably too clear-eyed to actually get married to that person. The reality is that most of us consider the person we are going to marry to be someone we genuinely trust and love more than anyone else in the world. You don’t go into a situation like this expecting them to screw you over. My advice from the other side is to remember that it takes two to marry, but only one to end a marriage. And that marriage is a contract but not a binding one. It took more cynicism and remove than I had capacity for to me to foresee that my DH would betray me and be happy to financially destroy what we’d built together. |
She did practically no work. She employed multiple nannies, housekeeper etc. Yes, her parents paid for many things. |