Prenup or no Prenup?

[Anonymous]

Anonymous wrote:Richard Branson’s wife just died and in the obituary he’s quoted as saying that they didn’t have a prenup because he felt it cheapened the relationship. She was his second wife.

Asking for a prenup when you’re both so young and don’t have the money in the bank seems like a tough way to start the relationship. It’s like you’re putting up walls when you have nothing to protect.

He does have something to protect though. Bad take.

[Anonymous]

Is the house "they" buy going to be in his name because she can't afford half the mortgage? Have they thought about how to share expenses given the income disparity? She may want to walk away if she is not going to benefit from his money.

[Anonymous]

I married around the same age, had a successful company, a few million in the bank and a couple of multimillion dollar homes. Never even considered a prenup. Fundamentally I understand the purpose, I just don't agree with them. If I wanted a business relationship, I would have found a business partner, not a spouse and I would never marry anyone where I would feel it necessary to have a prenup.

[Anonymous]

Is your son interested in a prenup or just you? I am not trying to sound flip because my question matters.

[Anonymous]

I make $135k and my boyfriend makes around $4M. I expect him to bring up a prenup at some point.

[Anonymous]

Prenup questions are always framed as the higher earning spouse protecting “their” money but the reality is that the lower earning spouse can negotiate quite a bit. I’ve known SAHMs who negotiated salaries in their prenup.

I think they’re a good practice because it gets a couple to actually talk about money. Too many couples neglect to, then find out after marriage they’re not financially compatible. Better to figure these things out before committing forever.

[Anonymous]

Anonymous wrote:Is the house "they" buy going to be in his name because she can't afford half the mortgage? Have they thought about how to share expenses given the income disparity? She may want to walk away if she is not going to benefit from his money.

+1. Hopefully she gets a good attorney that can make sure she is taken care of, and this does not mean she gets half.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Richard Branson’s wife just died and in the obituary he’s quoted as saying that they didn’t have a prenup because he felt it cheapened the relationship. She was his second wife.

Asking for a prenup when you’re both so young and don’t have the money in the bank seems like a tough way to start the relationship. It’s like you’re putting up walls when you have nothing to protect.

He does have something to protect though. Bad take.

Ehat about her? Doesn't she have things to protect? Or is money the only thing of value? If so, he should find someone with as much money as he has.

[Anonymous]

Anonymous wrote:My brother is a tech whiz and married his wife when she was in medical school, both were 27. He was on the verge of selling his startup and got an agreement where she would get a substantial payout if things went south but not half his assets. He got a ton of money from the sale and they’re still married happily 20 years later. She makes good money but not on his level, and she didn’t hesitate to sign. You should get good legal advice.

Does your brother's last name end in "berg" ? Lol

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Richard Branson’s wife just died and in the obituary he’s quoted as saying that they didn’t have a prenup because he felt it cheapened the relationship. She was his second wife.

Asking for a prenup when you’re both so young and don’t have the money in the bank seems like a tough way to start the relationship. It’s like you’re putting up walls when you have nothing to protect.

He does have something to protect though. Bad take.

Ehat about her? Doesn't she have things to protect? Or is money the only thing of value? If so, he should find someone with as much money as he has.

Huh? You aren't making sense and are making a bunch of logical leaps. If she has something to protect, she is a big girl and can figure out ways protect herself too. Maybe that's a prenup; maybe other means.

[Anonymous]

Friend was an early software engineer at Google. Moved to CA after college with his girlfriend, and they eventually got married. When Google went public in 2004, he became instantly wealthy, ~$28M. Due to his insane work schedule, he got divorced 2 years later, and she took $14M.

If you think that is reasonable, you don't need a prenup. If you think that is unjust, then get a prenup.

[Anonymous]

Anonymous wrote:Friend was an early software engineer at Google. Moved to CA after college with his girlfriend, and they eventually got married. When Google went public in 2004, he became instantly wealthy, ~$28M. Due to his insane work schedule, he got divorced 2 years later, and she took $14M.

If you think that is reasonable, you don't need a prenup. If you think that is unjust, then get a prenup.

This is the point, sounds like his wife dodged a bullet. Now imagine they have stayed married for 20 years, but he sucked as a husband. Sure, the wife stayed home, but she did everything alone… Raise the kids, kept the house, catered to his needs when he wanted to go on vacation, etc. If she got half, she would’ve earned it

[Anonymous]

Anonymous wrote:Friend was an early software engineer at Google. Moved to CA after college with his girlfriend, and they eventually got married. When Google went public in 2004, he became instantly wealthy, ~$28M. Due to his insane work schedule, he got divorced 2 years later, and she took $14M.

If you think that is reasonable, you don't need a prenup. If you think that is unjust, then get a prenup.

She moved to California to be with him, presumably wasted her youth and fertility on him, and then waited around 2 more years while he was off working all the time. She deserves to be compensated for all of that.

Don’t waste women’s youth if you don’t want to pay up. He should have just stayed single if he didn’t want a real relationship. Too many men feel entitled to a girlfriend and wife, rather than looking at if they can actually be a good boyfriend or husband.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Friend was an early software engineer at Google. Moved to CA after college with his girlfriend, and they eventually got married. When Google went public in 2004, he became instantly wealthy, ~$28M. Due to his insane work schedule, he got divorced 2 years later, and she took $14M.

If you think that is reasonable, you don't need a prenup. If you think that is unjust, then get a prenup.

She moved to California to be with him, presumably wasted her youth and fertility on him, and then waited around 2 more years while he was off working all the time. She deserves to be compensated for all of that.

Don’t waste women’s youth if you don’t want to pay up. He should have just stayed single if he didn’t want a real relationship. Too many men feel entitled to a girlfriend and wife, rather than looking at if they can actually be a good boyfriend or husband.

Yikes..the misogyny.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Richard Branson’s wife just died and in the obituary he’s quoted as saying that they didn’t have a prenup because he felt it cheapened the relationship. She was his second wife.

Asking for a prenup when you’re both so young and don’t have the money in the bank seems like a tough way to start the relationship. It’s like you’re putting up walls when you have nothing to protect.

He does have something to protect though. Bad take.

Ehat about her? Doesn't she have things to protect? Or is money the only thing of value? If so, he should find someone with as much money as he has.

Huh? You aren't making sense and are making a bunch of logical leaps. If she has something to protect, she is a big girl and can figure out ways protect herself too. Maybe that's a prenup; maybe other means.

And you wonder why people don't like prenups! This is not how you treat someone you want to marry. People with money are more sophisticated in terms of figuring out what needs to be protected ( because they have attorneys/advisors who are paid to look out for them). You cannot say your fiancee is a " big girl", and can protect herself.

Any good potential spouse should be looking for a fair prenup, considering the other party and how the prenup can protect them too.