Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 22 days ago, 12/06/2024

User Stats

3,292
Posts
2,867
Votes
Joe S.
Pro Member
  • Investor
  • San Antonio
2,867
Votes |
3,292
Posts

What are your thoughts about Prenuptial agreements?

Joe S.
Pro Member
  • Investor
  • San Antonio
Posted

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? 

  • Joe S.
  • Loading replies...