Anonymous wrote:I didn’t think Belle’s prenup made her inheritance joint. I thought it was the fact she used money from the trust to purchase homes and put him on the title.
I wouldn’t be interested in sharing my income 50% if my spouse came into the marriage with significant assets that were kept separate. I don’t blame him.
Personally I think she has a major spending problem. It’s a good thing she wrote his book because if not she’d end up broke like her dad.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:He wanted to hold her to a grossly unfair prenup that took advantage of her, didn’t want to give her half of his earnings from during their marriage which should have been equally shared assets at divorce, and let her pay for the kids schooling and clothes during and after the marriage instead of supporting his own children like a decent father, it’s sociopathic financial and emotional abuse. What a sad little man
The prenup they amended was insulting to him. He could have lost half (50:50 is default split) of a modest retirement nest egg to someone with $20-50MM in untouchable spendthrift trusts if she decided to file a divorce after many years of marriage. She knew she would end up with big bucks from trusts and inheritances. He was only going to get rich via hard work. It turned out he was a big success, but that was by no means a foregone conclusion.
This right here.
Wrong. From the book, husband Henry amended the prenup 2 weeks before the wedding so say that anything in one spouse's name stays in that person's name. He insisted to put all her inherited assets jointly (like the joint marital homes they bought with her trust/family money), but kept all the income/bonuses from his hedge fund job in his name. So basically, when he initiated the divorce after abandoning his family--he would get half of the homes she bought with her family money and she gets nothing from his income despite giving up her career to raise his 3 kids for 20 years.
“I had two trusts that I had inherited from both sides of the family, and so I was advised to sign a prenup. A normal prenup says that anything you come into the marriage with remains yours, especially if it’s in a trust. Anything earned during the marriage is shared, 50-50. So my then-fiancé sat on it for a while until it was two weeks before our wedding. And then he said, ‘I think we should make a change to it, that nothing will be split unless it is put in joint name.’ And my lawyer said, ‘You should not do this.’ And I looked at him and I thought, this is the man I love. This is going to be the father of my children. This is my prince. So I said, no, I really want to make the change. And the lawyer made the change, and we signed it five days before our wedding.”
I didn’t think Belle’s prenup made her inheritance joint. I thought it was the fact she used money from the trust to purchase homes and put him on the title.
I wouldn’t be interested in sharing my income 50% if my spouse came into the marriage with significant assets that were kept separate. I don’t blame him.
Personally I think she has a major spending problem. It’s a good thing she wrote his book because if not she’d end up broke like her dad.
Anonymous wrote:Anonymous wrote:Anonymous wrote:He wanted to hold her to a grossly unfair prenup that took advantage of her, didn’t want to give her half of his earnings from during their marriage which should have been equally shared assets at divorce, and let her pay for the kids schooling and clothes during and after the marriage instead of supporting his own children like a decent father, it’s sociopathic financial and emotional abuse. What a sad little man
The prenup they amended was insulting to him. He could have lost half (50:50 is default split) of a modest retirement nest egg to someone with $20-50MM in untouchable spendthrift trusts if she decided to file a divorce after many years of marriage. She knew she would end up with big bucks from trusts and inheritances. He was only going to get rich via hard work. It turned out he was a big success, but that was by no means a foregone conclusion.
This right here.
“I had two trusts that I had inherited from both sides of the family, and so I was advised to sign a prenup. A normal prenup says that anything you come into the marriage with remains yours, especially if it’s in a trust. Anything earned during the marriage is shared, 50-50. So my then-fiancé sat on it for a while until it was two weeks before our wedding. And then he said, ‘I think we should make a change to it, that nothing will be split unless it is put in joint name.’ And my lawyer said, ‘You should not do this.’ And I looked at him and I thought, this is the man I love. This is going to be the father of my children. This is my prince. So I said, no, I really want to make the change. And the lawyer made the change, and we signed it five days before our wedding.”
Anonymous wrote:Anonymous wrote:He wanted to hold her to a grossly unfair prenup that took advantage of her, didn’t want to give her half of his earnings from during their marriage which should have been equally shared assets at divorce, and let her pay for the kids schooling and clothes during and after the marriage instead of supporting his own children like a decent father, it’s sociopathic financial and emotional abuse. What a sad little man
The prenup they amended was insulting to him. He could have lost half (50:50 is default split) of a modest retirement nest egg to someone with $20-50MM in untouchable spendthrift trusts if she decided to file a divorce after many years of marriage. She knew she would end up with big bucks from trusts and inheritances. He was only going to get rich via hard work. It turned out he was a big success, but that was by no means a foregone conclusion.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:They’re both dull as hell. Imagine having that kind of money and living that kind of life.
She's not that dull. Gwyneth is going to play her in a movie. He on the other hand abandoned his kids and tried to screw her out of the inherited wealth she used to buy their marital homes. And now America can see that on the big screen.
She is absolutely dull. Her writing was juvenile and shows no personality at all. She’s a milquetoast whose inheritance was the only interesting thing about her.
Will respectfully disagree with this take.
Was it the best written, most interesting book ever? No.
Did it demonstrate some fairly rare vulnerability/candor for a person from that particular social circle? Yes.
Anonymous wrote:I had a friend who this happened to, and basically enjoyed the book to the extent possible by being able to relate to that story. Unfortunately, she came off as pretentious, obsessed with everyone knowing about her status and doing all of the things rich people do (like there was even a Doodle involved it was so cliche), and was utterly humorless. So, not the best memoir I have ever read...
Anonymous wrote:Anonymous wrote:He wanted to hold her to a grossly unfair prenup that took advantage of her, didn’t want to give her half of his earnings from during their marriage which should have been equally shared assets at divorce, and let her pay for the kids schooling and clothes during and after the marriage instead of supporting his own children like a decent father, it’s sociopathic financial and emotional abuse. What a sad little man
The prenup they amended was insulting to him. He could have lost half (50:50 is default split) of a modest retirement nest egg to someone with $20-50MM in untouchable spendthrift trusts if she decided to file a divorce after many years of marriage. She knew she would end up with big bucks from trusts and inheritances. He was only going to get rich via hard work. It turned out he was a big success, but that was by no means a foregone conclusion.
Anonymous wrote:She seems like a nice person but so out of touch and boring. She also seems oddly obsessed with wealth and comfort.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:They’re both dull as hell. Imagine having that kind of money and living that kind of life.
She's not that dull. Gwyneth is going to play her in a movie. He on the other hand abandoned his kids and tried to screw her out of the inherited wealth she used to buy their marital homes. And now America can see that on the big screen.
She is absolutely dull. Her writing was juvenile and shows no personality at all. She’s a milquetoast whose inheritance was the only interesting thing about her.
You’re entitled to your opinion. Plenty of people think otherwise.
Anonymous wrote:Anonymous wrote:They’re both dull as hell. Imagine having that kind of money and living that kind of life.
So money makes someone interesting? Sure, it provides the ability to travel, own homes in multiple locations, etc., but after the booze, affairs, and pettiness that pervades, doesn't sound that great to me.
Anonymous wrote:Anonymous wrote:Anonymous wrote:They’re both dull as hell. Imagine having that kind of money and living that kind of life.
She's not that dull. Gwyneth is going to play her in a movie. He on the other hand abandoned his kids and tried to screw her out of the inherited wealth she used to buy their marital homes. And now America can see that on the big screen.
She is absolutely dull. Her writing was juvenile and shows no personality at all. She’s a milquetoast whose inheritance was the only interesting thing about her.
Anonymous wrote:They’re both dull as hell. Imagine having that kind of money and living that kind of life.
Anonymous wrote:Anonymous wrote:Anonymous wrote:They’re both dull as hell. Imagine having that kind of money and living that kind of life.
She's not that dull. Gwyneth is going to play her in a movie. He on the other hand abandoned his kids and tried to screw her out of the inherited wealth she used to buy their marital homes. And now America can see that on the big screen.
She is absolutely dull. Her writing was juvenile and shows no personality at all. She’s a milquetoast whose inheritance was the only interesting thing about her.