Anonymous
04/27/2025 12:59
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes, get a prenup and protect your premarital assets. He’s making 300k, and pretty soon he’ll make 400k-500k. You quit your job and stay home. His income is also yours. You can spend it. If the marriage fails, you divorce and leave with half of the marital assets.
That’s how you win.
Yes, that is how they do it.
Best think this guy could do is find himself a young, fine Colombiana.
Racist much?
Must be rough being on meds and not having a sense of humor.
There is no humor in racism or misogyny. It's (and you are) an illness I'm society.
Your post doesn't even make any sense you old goat.
Anonymous
04/27/2025 12:01
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes, get a prenup and protect your premarital assets. He’s making 300k, and pretty soon he’ll make 400k-500k. You quit your job and stay home. His income is also yours. You can spend it. If the marriage fails, you divorce and leave with half of the marital assets.
That’s how you win.
Yes, that is how they do it.
Best think this guy could do is find himself a young, fine Colombiana.
Racist much?
Must be rough being on meds and not having a sense of humor.
There is no humor in racism or misogyny. It's (and you are) an illness I'm society.
Anonymous
04/27/2025 11:59
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:While you have more savings now, he has higher earning potential. If you are protective of your prior assets be prepared for him to be protective of his future earnings.
This.
Actually by the time you divorce, he will have more and you will regret the prenump. I'd call it a wash and go in unprotected, unless you plan to divorce in less than 5 years.
DH and I both started from basically zero. We both come from UMC families who didn't help us one iota. We've built quite a nest egg. If for some reason we divorce - very unlikely - we'll go half of everything. However, when you both build something from scratch and contribute equally, the chance of divorce is extremely low.
In your case the chance of contributing equally is also low, so you're at more risk from that. So the best way to protect yourself is to beef up your real estate business. Start an LLC and flip under that. Seriously, he'll look at you more favorably as a strong business woman. AND those pretty young things at the office, in 10 years from now, will have nothing on you.
Men on average have higher earning potential even if they start as lower earner. Women experience set back in career when they have kids. I have a friend whose husband became an investment banker in his 40s making millions in deals. She regretted the prenup (it was her idea)
His earning potential means nothing when he is financially illiterate. He will waste that money in no time.
OP seems financially savvy. She should protect her assets.
OR...
She can protect their combined assets. It sounds like she should be the financial decision executive of the home.
Anonymous
04/27/2025 11:58
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes, get a prenup and protect your premarital assets. He’s making 300k, and pretty soon he’ll make 400k-500k. You quit your job and stay home. His income is also yours. You can spend it. If the marriage fails, you divorce and leave with half of the marital assets.
That’s how you win.
Yes, that is how they do it.
Best think this guy could do is find himself a young, fine Colombiana.
Racist much?
Must be rough being on meds and not having a sense of humor.
Anonymous
04/27/2025 11:55
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:While you have more savings now, he has higher earning potential. If you are protective of your prior assets be prepared for him to be protective of his future earnings.
This.
Actually by the time you divorce, he will have more and you will regret the prenump. I'd call it a wash and go in unprotected, unless you plan to divorce in less than 5 years.
DH and I both started from basically zero. We both come from UMC families who didn't help us one iota. We've built quite a nest egg. If for some reason we divorce - very unlikely - we'll go half of everything. However, when you both build something from scratch and contribute equally, the chance of divorce is extremely low.
In your case the chance of contributing equally is also low, so you're at more risk from that. So the best way to protect yourself is to beef up your real estate business. Start an LLC and flip under that. Seriously, he'll look at you more favorably as a strong business woman. AND those pretty young things at the office, in 10 years from now, will have nothing on you.
Men on average have higher earning potential even if they start as lower earner. Women experience set back in career when they have kids. I have a friend whose husband became an investment banker in his 40s making millions in deals. She regretted the prenup (it was her idea)
DH and I earned about the same all the way through. We're in our late 40s now and thinking about retiring early. You're probably right about most couples, but not all. BTW I think there was a major set back to my earning potential when I had kids. Huge! I was senior leader potential and reclassified to worker bee after kids. DH was only ever senior technical worker bee potential. We invested outside our jobs to gain most of our wealth.
Anonymous
04/27/2025 10:55
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Need way more info. What are you bringing to the marriage that you want to protect? Family trust fund? Millions? What about debt? Same info needed about your fiance
I think it’s pretty crazy since neither of us are rich. I’m definitely do well for my age but nothing wild.
Me: I have been fortunate enough to save and invest in rental properties and small flips. It’s not a business or anything close to it.
I have close to 800,000 in savings from these investments and general savings from my 150,000 salary. I have a little over 200k in my 401k. I have zero debt.
Him: Makes around the 300,000 mark. No debt. He doesn’t have any side businesses. His savings amount is the low 400 range. I’m not sure about his 401k.
I’ve been told that it’s best to protect money I earned before my marriage and my 401k because that can be taken in the event of a divorce.
This is not prenup territory at all.
Anonymous
04/27/2025 10:33
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:While you have more savings now, he has higher earning potential. If you are protective of your prior assets be prepared for him to be protective of his future earnings.
This.
Actually by the time you divorce, he will have more and you will regret the prenump. I'd call it a wash and go in unprotected, unless you plan to divorce in less than 5 years.
DH and I both started from basically zero. We both come from UMC families who didn't help us one iota. We've built quite a nest egg. If for some reason we divorce - very unlikely - we'll go half of everything. However, when you both build something from scratch and contribute equally, the chance of divorce is extremely low.
In your case the chance of contributing equally is also low, so you're at more risk from that. So the best way to protect yourself is to beef up your real estate business. Start an LLC and flip under that. Seriously, he'll look at you more favorably as a strong business woman. AND those pretty young things at the office, in 10 years from now, will have nothing on you.
Men on average have higher earning potential even if they start as lower earner. Women experience set back in career when they have kids. I have a friend whose husband became an investment banker in his 40s making millions in deals. She regretted the prenup (it was her idea)
His earning potential means nothing when he is financially illiterate. He will waste that money in no time.
OP seems financially savvy. She should protect her assets.
Anonymous
04/27/2025 09:18
Subject: Re:Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:No: 1. he has higher earning potential. 2. You can simply put all your pre-marital savings into a separate account
Now, on your rentals is where the commingling would happen. The increase in equity is marital property in most states, particular if you use marital funds to maintain them.
What’s the present value of properties (net equity)?
I only have own rental property but I will be selling. I’m expecting to make a profit of 80k. I sold 3 condos that I bought and fixed up. I made a combined profit of 587k.
Are you a REALTOR?
Anonymous
04/27/2025 08:52
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:While you have more savings now, he has higher earning potential. If you are protective of your prior assets be prepared for him to be protective of his future earnings.
This.
Actually by the time you divorce, he will have more and you will regret the prenump. I'd call it a wash and go in unprotected, unless you plan to divorce in less than 5 years.
DH and I both started from basically zero. We both come from UMC families who didn't help us one iota. We've built quite a nest egg. If for some reason we divorce - very unlikely - we'll go half of everything. However, when you both build something from scratch and contribute equally, the chance of divorce is extremely low.
In your case the chance of contributing equally is also low, so you're at more risk from that. So the best way to protect yourself is to beef up your real estate business. Start an LLC and flip under that. Seriously, he'll look at you more favorably as a strong business woman. AND those pretty young things at the office, in 10 years from now, will have nothing on you.
Men on average have higher earning potential even if they start as lower earner. Women experience set back in career when they have kids. I have a friend whose husband became an investment banker in his 40s making millions in deals. She regretted the prenup (it was her idea)
Anonymous
04/27/2025 08:31
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Who's pushing for the prenup? Your accountant or lawyer? Your dad? Or various friends who see your fiance as some sort of golddigger?
They don’t think he is a gold digger. It’s my uncle and my dad who told me to protect my investment money.
I don’t want a prenup. I love him and I know our marriage will last. I can fully trust him and don’t think a prenup is needed. He has already given me the world. He bought me a crazy nice engagement ring and fully bought a condo for us ( in both our names). We are splitting wedding costs.
I think you have your answer
+1
Your dad and uncle love you and are trying to protect you, but they don't have all the information you have.
Anonymous
04/27/2025 08:29
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Yes, get a prenup and protect your premarital assets. He’s making 300k, and pretty soon he’ll make 400k-500k. You quit your job and stay home. His income is also yours. You can spend it. If the marriage fails, you divorce and leave with half of the marital assets.
That’s how you win.
Yes, that is how they do it.
Best think this guy could do is find himself a young, fine Colombiana.
Racist much?
Anonymous
04/27/2025 08:18
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:While you have more savings now, he has higher earning potential. If you are protective of your prior assets be prepared for him to be protective of his future earnings.
This.
Actually by the time you divorce, he will have more and you will regret the prenump. I'd call it a wash and go in unprotected, unless you plan to divorce in less than 5 years.
DH and I both started from basically zero. We both come from UMC families who didn't help us one iota. We've built quite a nest egg. If for some reason we divorce - very unlikely - we'll go half of everything. However, when you both build something from scratch and contribute equally, the chance of divorce is extremely low.
In your case the chance of contributing equally is also low, so you're at more risk from that. So the best way to protect yourself is to beef up your real estate business. Start an LLC and flip under that. Seriously, he'll look at you more favorably as a strong business woman. AND those pretty young things at the office, in 10 years from now, will have nothing on you.
Anonymous
04/27/2025 08:10
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:This doesn’t seem like a whole lot of money to protect.
Doesn't get any more DCUM than saying $800k in savings "isn't a whole lot of money to protect."
It’s not when their combined HHI is going to be $450K and likely to grow.
Yeah, that 800k will only be worth around 6 mil come retirement time. Chump change! Lol
And his $400K will grow to $3M. Moreover, his $150K salary differential will continue to grow and his lawyer will advise him to protect that. That money is going to grow and surpass what she is bringing to the marriage right now.
So yeah, that $800K is not a lot if their combined lifetime earnings and investments are $15M-$20M.
You are describing a best case scenario. The prenup is like insurance and would protect her in a worst case scenario.
She doesn’t even know what’s in his 401k. Chances are they both have roughly the same assets but his are tax deferred and hers aren’t.
I would think 2x before going in as the lower earning spouse and asking for a prenup.
Anonymous
04/27/2025 07:58
Subject: Re:Do I ask for a prenuptial agreement?
No, OP. Don’t discuss the prenup just keep premarital assets separate. Repairs to real estate should only be done from those $800k you saved
Anonymous
04/27/2025 07:05
Subject: Do I ask for a prenuptial agreement?
Anonymous wrote:I can keep my money in a separate account but he has already bought us a condo. It feels weird to not use my money.
I don’t know if I will buy any investment properties again. It was a fun little thing for a couple of years. Interest rates and home prices are crazy high.
We plan to combine all of our incomes when we’re married. Pay and buy out of a joint account. We will be operating as team.
He already bought you a condo? This guy is not financially savvy. Protect your assets. Even though he is earning more, he will drag you down financially.