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Reply to "Prenup question -- minimal assets?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]He had $70k to put toward a downpayment but you're helping him pay for grad school? I think if you're going to do a pre-nup, there needs to be come kind of off-set for the financial support you've given him pre-marriage that let him keep his money tied up in a house without taking on additional debt.[/quote] Our money already is pooled, so in my mind, I consider that supporting him in grad school, because it's OUR money that's going toward his tuition, save for some stipends from his employer. He makes decent money but I think he would struggle to pay a $4k mortgage + grad school + all other financial obligations on his own. He might disagree because 1) he makes more money and 2) he's much better with money, but that's how I look at it. Am I incorrect?[/quote] Why is his saved money "his" money, but your money that you can't save as your own because you're helping finance his grad school "pooled" money? There is a significant disconnect here in how you guys are treating his money and your money, and I'm concerned that this could come back to bite you later if you divorce. I'm not giving you legal advice because you're not my client and I don't know that I'm even licensed in your jurisdiction, but as an attorney, I would not recommend that a client of mine in your shoes go ahead with this plan.[/quote]
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