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Reply to "premarital assets question - shares in a startup"
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[quote=Anonymous][quote=Anonymous]Prenups are the best way to protect PRE-MARITAL assets. Get one. If your fiancé balks, walk away. [/quote] Some people with good intentions and plenty of money of their own hate prenups. DH, for example, had quite a bit more money than I did when we got married, and when one of our friends mentioned "prenup," he had a very strong negative reaction, so we never even had the talk. Having working with an estate planning attorney for a short time, I know this is a thing for other people, too. So just know that even if a prenup makes financial sense, there is a relationship risk in bringing it up. Another thing you could do is keep the first set of shares in a separate entity, maybe an LLC or a Trust, so they don't get comingled with any new shares. Then there is a clear differentiation if the marriage blows up quickly. Hopefully it's a long marriage and by the end of it everything is so comingled and entwined and there is so much money to go around that these shares will feel a nonissue. [/quote]
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