Prenup?

I did not get one. I think I would have if either one of us either had enormous wealth and assets or enormous debt aha

Most lawyers will tell you it's best if you the two parties have a large difference in assets.

I did get a prenup because I make a lot more money than my fiance and have a lot of assets I've built up already on my own.

We did but we got pressured into it and it wasn’t necessary for us to have one. If either of you own a business or have a lot of assets it makes sense though.

We didn't get one because neither of us have any assets. We rent an apartment and own entry level cars. As others have said, if you own a business (or any stake in a family business) or any assets (like a house or property), it may be beneficial. If you're interested, o would speak to a. Your fiance because you don't want to just spring something on them and b. An attorney to learn what can and cannot go into pre-nups in your state.

We were supposed to. His mother pressed the issue. We ended up arguing about it, then decided against a pre-nup because it wouldn't make us happy

I'm planning on getting one. Both my FH and I have property we might inherit from our respective families and a bit of a wage gap between our incomes. But we are mainly getting it as a means to sit down and talk money and how we will deal with it in the future.

We did not do one. While I have assets that DH does not, they are already legally protected (as in, a trust), and I can't even touch them without parental permission.

It really depends on what you have and the laws in your state.

We will not be getting one. It had never even occurred to me to get one until it came up in a tv show we were watching one night. When it came up, I asked him “do you want to get a prenup?” And he looked at me like I was crazy & said “No” lol So that was that.

We have been together 10 years so all our assets are already jointly owned so it doesn’t make sense for us. But if I owned my own business or something I probably would get one.

We aren’t having one - everything is already jointly owned - already have a daughter home etc so it’s all just ours anyway lol

I plan on getting one to protect my retirement. My fiance has worked about 10 years longer than me but saves the bare minimum for his retirement, while I save quite a lot.

We didn't. The way we see it is in a way, getting a pre nup is planning for divorce. Because you're concerned about your things if your marriage ends. We decided should divorce ever happen we want it to be hard because the easier it is your more likely to do it. Plus with the wealth gap thing as their spouse you should want them to be taken care of. There's no his or my money it's our money. That's helped us not have as many fights because when you realize you're on the same team you want both ppl to succeed.


*I'm in no way judging you if anyone else decides to get a pre nup. You do you. Just sharing my experience

View Quoted Comment Getting a prenup prepares for so much more than if you get a divorce. I got a prenup because I am set to get a large inheritance when my parents pass and all it says is if I were to pass away that money goes to our children and if we do not have children at that time that money will go to whoever I name. If you fail to plan you plan to fail as they say....

I'd speak with a lawyer about your specific situation.

Prenups can be helpful if you have different assets, but IMO are more important if you have vastly different incomes and contributions to your future. Whatever you now own as single, you will continue to own individually even when you become married. However, assets you obtain as a married couple will belong to both of you.

For example, I own the house my FH and I live in. After we get married, it will still be my house. If we get divorced a year later, it will still be my house. If we remain married and I die and don't have a will, it will become part of my estate, which will default to him as my husband. However, if we get married, do major renovations to our house while we are married, and then get divorced, even though it's still my house, he "owns" part of those renovations, and I may have to buy him out in order to keep the house (say renovations cost $30k and add that amount of value to the house, I'd likely have to pay him $15k to buy out his half to keep the house). If we sell my house and buy a new house together, using the profits from the sale to purchase our new house, then my initial investment isn't protected because the new house belongs to both of us. If we divorce after that, we may have to split the new house 50/50, even though I contributed way more in terms of down payment from selling my old house. Keep in mind this is largely oversimplified and assumes that any divorce is not agreeable and both individuals are trying to make out of it with the most they can. It's totally possible in a divorce that someone relinquishes a claim to something they have a legal right to.

In my example, I have more assets than my FH, but he has more income. Improvements we have made to the house since he moved in have been largely funded or labored by him. The longer we are in our relationship, the more likely it will be that his contributions equal or exceed mine, as he continues to pay more for certain things. Generally in marriages without prenups, assets obtained once the couple is a married unit are considered 50/50 each person, but anything anyone owned prior to the marriage still belongs to that individual person.

Obviously laws vary from state to state. You should definitely consult a lawyer.

If you are consulting a lawyer anyway, I'd also recommend considering a will and a living will, even if not a prenup. The legalities of property can be really tricky, and we've had several family members die and assets held up in probate for a long time, making it difficult for surviving loved ones to move forward. It can also be good for you to talk to your partner about your wishes should anything ever happen to you. Dark stuff I know, but as Covid-19 has shown us, sometimes awful things happen that we cannot predict.