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least common denominator
 
scottmandue's Avatar
 
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Question Edumakate me on prenups!

Greetings all,

I am not a wealthy man... however I do own a house in So. Cal. that is worth a small fortune and have a retirement plan.

My lady friend gets by financially but doesn't have any real money put away... when we were kicking around the idea of getting married in the distant future she volunteered "I think we should get a prenup so people don't think I'm marring you for your money".

I looked online and saw everything from "download the forms here" to "each party need to get a lawyer"

Anyone here have experience and or recommendations on such matters?

Thanks in advance to the PPOT brain trust.

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Last edited by scottmandue; 04-30-2009 at 06:42 AM..
Old 04-30-2009, 06:37 AM
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If I were in your position, I'd sit down with a lawyer and my lady friend. I'd want the first session to generate a list of issues that need to be resolved. I'd take that list home and work it out with the lady-friend and come back to the lawyer with your decisions.
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Old 04-30-2009, 06:41 AM
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You want the best advice humanly possible?

Don't get married. Ever.

BTW, she most likely said that to judge your reaction. Anyone going into marriage already thinking about an exit strategy should never be getting married to begin with.
Old 04-30-2009, 06:49 AM
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Have a word with Mel Gibson about the wisdom of getting a prenup in California.
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Old 04-30-2009, 06:55 AM
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Did you get the memo?
 
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Quote:
Originally Posted by m21sniper View Post
You want the best advice humanly possible?

Don't get married. Ever.

BTW, she most likely said that to judge your reaction. Anyone going into marriage already thinking about an exit strategy should never be getting married to begin with.
Rofl. I tend to agree with part 2 though, if you're already planning your divorce, maybe you shouldn't be so quick to jump? Losing 1/2 of your stuff just ups the ante. So how confident are you about this relationship?
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Old 04-30-2009, 06:56 AM
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She might have also been throwing it out there as an attempt to reel him in.

Then again, and I know this theory will not sit well with some, she may have been completely honest and just speaking her mind.
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Old 04-30-2009, 07:10 AM
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I have done a number of these. Pre-nups (or antenuptial) agreements are the most misunderstood and easiest to screw up cases for attorneys and clients alike. Prenuptial agreements have certain requirements. Generally, they are as follows:

there is a full and fair disclosure of the earnings and property of each party, and the parties have had an opportunity to consult with legal counsel of their own choice.

As a general rule, the agreement must also be:

in writing;
executed in the presence of two witnesses; and
acknowledged by the parties before a person authorized to administer an oath (notarized).

In most cases prenuptial agreements are upheld. It is only in cases where there was not full disclosure or the agreement becomes substantively unfair at the time of the divorce that Court's strike down the validity of such agreements. An agreement may deemed substantively unfair if the circumstances on which the agreement was based have changed so drastically that enforcement would not comport with the reasonable expectations of the parties at inception.
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Old 04-30-2009, 07:26 AM
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Oh, and anyone that does their own pre-nup has a fool for a client.
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Old 04-30-2009, 07:27 AM
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THIS THREAD IS WORTHLESS WITHOUT PICS!!!!

Of the house.
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Old 04-30-2009, 07:29 AM
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Quote:
Originally Posted by legion View Post
Then again, and I know this theory will not sit well with some, she may have been completely honest and just speaking her mind.
Oh yeah, because people do that all the time. Especially women.

True love DOES NOT require government involvement.
Old 04-30-2009, 07:31 AM
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Maybe she wants a prenup because she doesn't want to lose half of her stuff when you divorce.


Oh wait, she's the chick. Forget it.
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Old 04-30-2009, 07:35 AM
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Quote:
Originally Posted by Kurt V View Post
I have done a number of these. Pre-nups (or antenuptial) agreements are the most misunderstood and easiest to screw up cases for attorneys and clients alike. Prenuptial agreements have certain requirements. Generally, they are as follows:

there is a full and fair disclosure of the earnings and property of each party, and the parties have had an opportunity to consult with legal counsel of their own choice.

As a general rule, the agreement must also be:

in writing;
executed in the presence of two witnesses; and
acknowledged by the parties before a person authorized to administer an oath (notarized).

In most cases prenuptial agreements are upheld. It is only in cases where there was not full disclosure or the agreement becomes substantively unfair at the time of the divorce that Court's strike down the validity of such agreements. An agreement may deemed substantively unfair if the circumstances on which the agreement was based have changed so drastically that enforcement would not comport with the reasonable expectations of the parties at inception.
Kurt's advice is spot on. The one BIG mistake that I made with Blondzilla is that the topic was discussed and she lied to me.

A pre-nup just makes sense. And in California there is such a thing as SEPERATE property. You should protect this at this time as you can always modify the agreement later on if you are so inclined. Protect your house, your income and your retirement.

The other thing is that if she has a problem with what you want to do it is far better to find this out now than later if things go south. If there is one thing that my painful divorce can serve as, is NOT to formalize at least the process. Do this and do not hesitate. She will also need to speak with an attorney that is not your attorney at least IMHO so that she has independent counsel.

Kurt is spot on, trust me, I am the fool that would have benefited from such sound advice. I lost my house and half of my cash wealth. The only thing I can ever hope for is karma catching up with her. Do not make the mistake that I made.

Dan
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Old 04-30-2009, 07:55 AM
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just kidding...been waiting 6 months to use this one!
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Old 04-30-2009, 08:30 AM
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least common denominator
 
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Quote:
Originally Posted by Kurt V View Post
I have done a number of these. Pre-nups (or antenuptial) agreements are the most misunderstood and easiest to screw up cases for attorneys and clients alike. Prenuptial agreements have certain requirements. Generally, they are as follows:

theree is a full and fair disclosure of the earnings and property of each party, and the parties have had an opportunity to consult with legal counsel of their own choice.

As a general rule, the agreement must also be:

in writing;
executed in the presence of two witnesses; and
acknowledged by the parties before a person authorized to administer an oath (notarized).

In most cases prenuptial agreements are upheld. It is only in cases where theree was not full disclosure or the agreement becomes substantively unfair at the time of the divorce that Court's strike down the validity of such agreements. An agreement may deemed substantively unfair if the circumstances on which the agreement was based have changed so drastically that enforcement would not comport with the reasonable expectations of the parties at inception.
Thanks Kurt, so this is a lawyer thing... bummer because I was hoping it could be done quick and easy... any idea what I should expect to pay for a lawyer to do the prenup? Is there a particulate type of layer I should look for?

And to all you cynical dogs out there, I have been around the block a few times and can tell when I'm being conned or lied to.
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2019 Kia Stinger 2.0t gone
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I am not lost for I know where I am, however where I am is lost. - Winnie the poo.
Old 04-30-2009, 09:27 AM
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Quote:
Originally Posted by legion View Post
...

Then again, and I know this theory will not sit well with some, she may have been completely honest and just speaking her mind.
????

my understanding was that he was dating a woman
Old 04-30-2009, 09:31 AM
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Did you get the memo?
 
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Quote:
Originally Posted by scottmandue View Post
And to all you cynical dogs out there, I have been around the block a few times and can tell when I'm being conned or lied to.
Is that what you said the first few times?

Quote:
Originally Posted by RWebb View Post
????

my understanding was that he was dating a woman
Rofl.
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Old 04-30-2009, 09:33 AM
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least common denominator
 
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Quote:
Originally Posted by RWebb View Post
????

my understanding was that he was dating a woman
So if all women are lieing scum why are you guys married?

Oh... the woman YOU married isn't like that.

FWIW I don't like the idea... as much as I hate to agree with snipper I don't like the idea going into a marriage planing to fail... but on the other hand maybe it is not a good idea to go into a marriage not planning at all.

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Gary Fisher 29er
2019 Kia Stinger 2.0t gone
1995 Miata Sold
1984 944 Sold
I am not lost for I know where I am, however where I am is lost. - Winnie the poo.
Old 04-30-2009, 09:37 AM
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Did you get the memo?
 
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Quote:
Originally Posted by scottmandue View Post
So if all women are lieing scum why are you guys married?

Oh... the woman YOU married isn't like that.
Nah, we've just accepted it.
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Old 04-30-2009, 09:44 AM
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I see you
 
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Quote:
Originally Posted by scottmandue View Post
So if all women are lieing scum why are you guys married?

Oh... the woman YOU married isn't like that.

FWIW I don't like the idea... as much as I hate to agree with snipper I don't like the idea going into a marriage planing to fail... but on the other hand maybe it is not a good idea to go into a marriage not planning at all.

scott, just put everything in my name. I'll look after everything for you.
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Old 04-30-2009, 09:47 AM
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do the pre...
get married..
enjoy her and life..
it no workie..
it's because you both quit trying..


Rika
(married 26 yrs...love her,she's the best thing in my life)

Old 04-30-2009, 09:53 AM
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