What are your thoughts about Prenuptial agreements?

[Joe S.]

A prenuptial agreement, or prenup, is a legal contract between two people who are about to get married. It outlines how the couple will handle their finances during and after the marriage, including:

• Property and assets: How to divide property and assets in the event of a divorce or death
• Debts: How to allocate debts
• Spousal support: Whether and how to provide alimony
• Inheritance rights: How to handle inheritance rights

A prenup can help protect both parties' interests, and can be an effective way to avoid court proceedings and minimize the emotional and financial toll of a divorce. It can also be used to preserve assets acquired before marriage or planned for separate personal goals. A prenup is valid if it's entered into with full and fair disclosure of all assets by both parties, and if it protects both parties. It must also be executed and acknowledged with the same formality as a property deed.

So what got me to thinking about starting this thread is that all of my children are single, but I am thinking about helping them get started in their own business prior to them getting married.

What I don’t want to see happen is someone marry them and then kick them to the curb and then want half of everything they worked for or I help them with.
Now I understand that one of the arguments against prenups is that a person is making provisions for a failed marriage. However, an argument can be made that you’re making provisions to discourage someone from jumping ship and still getting an undeserved income so from that standpoint, you might be discouraging a break up.

As investors there could be potential targets on some love struck individual that has higher net worth from a gold digging opportunist partner.

What are your thoughts? 

[Nathan Gesner]

I am 100% against prenuptial agreements.

If someone is concerned about losing their investments, they should be careful who they marry. Once married, they should fight like hell to keep that marriage. Couples who fight through difficult times end up happier and healthier. Unfortunately, society has lost sight of this truth.

If you marry someone unwilling to stick it out, you deserve what you get.