[Boomer]

This must be "Second (Third, whatever) Time Around Day" here in TOTVland. I see two active threads on the topic of remarriage. So along those lines, I would like to throw a third one out there for discussion.

Prenup?

What do I think?

I think at the point we have reached in life, to marry without a prenup is crazy.

And if your lovah says that you are being unromantic and untrusting, you had best do some reconsidering and maybe some serious running.

I have known of some real messes made by later in life marriage without a prenup. It's not just about protecting assets for your kids, although that seems to be everyone's first thought. It's about protecting assets for yourself.

Or might it sometimes just be easier to do things like K. T. Oslin sings about in "Live Close By, Visit Often"?

So what do you think?

Boomer

btw I remember once at work when I got into a big argument over this one. It got pretty heated, though goodnatured. It was actually kind of fun to argue about. It gave me the opportunity to create awful scenarios for my opponent to imagine himself in. It was a great debate. And at the end, we decided that we could never get married. ;D

[KathieI]

B3:

Now you tell me?? :'( :'(

After I lost 1/2 of everything, :verymad: :verymad:

Even though I said, no, no, no, never again, : :

If I did ;D you bet there would be a pre-nup! (stupid once, never twice) :bigthumbsup:

Kathie :redface:

[Village Kid 2]

Like Tina Turner sings, "What's love got to do, got do with it?"

Definitely pre-nups at this stage of the game. If you can sign a marriage contract, you can sign a contract about finances if it goes bust. It's only prudent. The courts will take control of your finances if you don't do it and it's usually not the best solution and costs more.

VK2

[redwitch]

Heck, I'll advise my daughter to get a pre-nup when she's finally ready to marry, let alone me. In this society, to not have one is just financially foolish -- whether a young adult or an old fogey.

[renielarson]

Kathie

You are looking at it all wrong...

You didn't lose 1/2 of everything....

You gained 1/2 of everything....

I settled for 1/2 and to me that was fair...we had a 50/50 relationship...I didn't want more than that. I believed in what was fair was fair. I'm not the type of person (and wasn't at the time of my divorce) to take another to the cleaners.

Today, at my age, having to be responsible for my own financial well-being and having children, a prenup would be certain if I were to be in the situation of remarrying. However, for young, never married before newlyweds...no.

[beady]

Any one at our stage in life who chooses to get married without a prenup is crazy.IMHO. Makes life much easier should the marriage dissolve or for the kids from previous marriages to seperate the assets in the event of either parties death. Just common sense.

[Peggy D]

Look what happened to Paul McCartney.

Bet he now wishes he signed one!!

I think there is more at stake now.

[MMC24]

I know if I won the lottery I would immediately file for divorce. I would rather owe her half of it rather than all of it!!!

[tony]

Why have a prenup if in your new marriage you look at everything 50-50?

[Village Kid 2]

Tony, you are assuming both parties will agree that everything is 50/50. It isn't necessarily so in the real world. Better to have a meeting of minds before marriage and then have it down on paper in case you ever need it.

[tony]

Of course, I would guess, too, that if one comes into a marriage in rags, and the other from a Saudi family castle and a comfortable pension, in the historic sense, the happy couple would want to state where it all goes if they turn out to be not so happy.

Protection from an opportunistic suitor is valuable.

[barb1191]

Prenup? Absolutely !! Nothing is 50-50 in a marriage of later years. The biological heirs are entitled to their inheritance. Both parties need to protect their assets from step-relatives. There are precious family treasures that belong to those respective heirs.

barb

[KathieI]

Originally Posted by brightspot01

Kathie
You are looking at it all wrong...
You didn't lose 1/2 of everything....
You gained 1/2 of everything....

I settled for 1/2 and to me that was fair...we had a 50/50 relationship...I didn't want more than that. I believed in what was fair was fair. I'm not the type of person (and wasn't at the time of my divorce) to take another to the cleaners.

Today, at my age, having to be responsible for my own financial well-being and having children, a prenup would be certain if I were to be in the situation of remarrying. However, for young, never married before newlyweds...no.

Bright, didn't see this response till today. Sorry but I'll have to disagree with you. This was my first marriage but I was already into my career path and doing nicely. I've worked extremely hard, sometimes 7 days a week, at least 5 of them were 14 hour days, and totally committed to my job. And, this wasn't a 50/50 marriage but now I am having to give up very hard-earned money, but I'm not looking back, I just wanted freedom and will gladly give up 1/2 as long as I can survive nicely. I think I have been more than fair. I originally wanted a pre-nup but was talked out of it, and also wanted to keep our finances separate, but again, didn't follow my instincts. I guess if I had married someone who was wealthy, I would have totally understood his wanting a prenup agreement.

But, you can believe it, IF there is a next time, and I doubt it, there WILL be a prenup, at this age I can't afford to lose 1/2 again.

[ConeyIsBabe]

To me, the issue is MOOT cuz I'm never, never gonna be married again! I love being independent and the Mistress of my Domain

However, I do believe pre-nups are a good thing but not the final word in a divorce. I have a gal-pal who had one (she had more assets) and was put through the wringer when her husband contested the pre-nup in a long-drawn-out fight !

[barb1191]

Originally Posted by ConeyIslandBabe

To me, the issue is MOOT cuz I'm never, never gonna be married again! I love being independent and the Mistress of my Domain

However, I do believe pre-nups are a good thing but not the final word in a divorce. I have a gal-pal who had one (she had more assets) and was put through the wringer when her husband contested the pre-nup in a long-drawn-out fight !

Yes, that reminds me that along with the prenup, one should have a Living Trust where everything is spelled out and does not process through the courts. Everything owned is in the Trustee's name and can only be changed by the Trustee i.e., you. The chosen Beneficiary of the Trust is automatically and immediately the owner of the estate upon the Trustee's demise, not having to process through court.