RickTheToad
Moderator
Why do you think dudes puss out on the pre-nup agreement? Apparently, most dudes cave. If she says no, why not just say fine, then we're not getting married. She has more to lose then him.
If you currently have too many women chasing you, calling you, harassing you, knocking on your door at 2 o'clock in the morning... then I have the simple solution for you.
Just read my free ebook 22 Rules for Massive Success With Women and do the opposite of what I recommend.
This will quickly drive all women away from you.
And you will be able to relax and to live your life in peace and quiet.
This is exactly it. Let's consider the typical guy between ages 25-35 getting married for the first time.he is afraid to lose her....he doesn't want to deal with the anger and backlash that comes with it.
Most people don't take those vows literally or seriously.The vows are “til death do you part.”
Agree with what you said. But, is that true that you can address future assets in a prenup. I thought it was just premarriage assets.He needs a prenup if he has any assets or expects to get any assets during the next 10, 20, or 25 years.
But, is that true that you can address future assets in a prenup.
He needs a prenup
It doesn't matter how good-looking you are, how romantic you are, how funny you are... or anything else. If she doesn't have something INVESTED in you and the relationship, preferably quite a LOT invested, she'll dump you, without even the slightest hesitation, as soon as someone a little more "interesting" comes along.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
Very IMPORTANT to do a postnuptial agreement AFTER the marriage has been done. Pre-nups are not enough...If you are American and what State you live in a pre-nup agreement can be mostly useless. In most states the agreement has to have limits and VERY detailed. A pre-nup agreement will not keep you out of family court... your previous spouse can still challenge the agreement... and often times judges rule in favor of the woman.
If you want an iron clad agreement you are going to have to pay a GOOD lawyer that knows what they are doing at least 10K (likely double that), since at a minimum a week's worth of work to pull it together and that assumes you declare ALL your assets you want to protect and you go in knowing EXACTLY what you are doing. Any ambiguity will take more time and be more costly.
If your pre-nup says something like "What is mine is mine: yours is yours... and if the marriage ends we take our stuff and go separate ways." Well that isn't worth the paper it is written on. Problems with that is that you have not SPECIFICALLY identified what is yours... you can not have an open-ended agreement with no time limits. You have to define if any assets you have is growing in value you keep the growth. In most cases... say you have a mutual fund worth $300K, if you put any more money into that fund while you are married, or move that mutual fund to another account, it then becomes a joint asset.
I had a friend that had a pre-nup. When he married he had his own house, and all his investments were with a financial advisor. His spouse, after they were married, sold his home (which he owned outright), and bought a new one. Moved his assets to another FA firm (from Edward Jones to Northwestern Mutual). He had a pre-nup... but because he sold his house and bought a new one after he was married, the equity in his own house became community property. When he moved his investments to a new company, those became community property. After 18 months of marriage he ended up losing $500k to his former love goddess. On top of that he had to pay her legal bills, basically paying the lawyer that ripped his pre-nup to pieces. Not a bad payday for a former waitress for a year and a half of 'work'.
This isn’t accurate dude. Each state has their own laws on division of assets, as well as what constitutes marital property, support obligations and the like.If you are American and what State you live in a pre-nup agreement can be mostly useless. In most states the agreement has to have limits and VERY detailed. A pre-nup agreement will not keep you out of family court... your previous spouse can still challenge the agreement... and often times judges rule in favor of the woman.
If you want an iron clad agreement you are going to have to pay a GOOD lawyer that knows what they are doing at least 10K (likely double that), since at a minimum a week's worth of work to pull it together and that assumes you declare ALL your assets you want to protect and you go in knowing EXACTLY what you are doing. Any ambiguity will take more time and be more costly.
If your pre-nup says something like "What is mine is mine: yours is yours... and if the marriage ends we take our stuff and go separate ways." Well that isn't worth the paper it is written on. Problems with that is that you have not SPECIFICALLY identified what is yours... you can not have an open-ended agreement with no time limits. You have to define if any assets you have is growing in value you keep the growth. In most cases... say you have a mutual fund worth $300K, if you put any more money into that fund while you are married, or move that mutual fund to another account, it then becomes a joint asset.
I had a friend that had a pre-nup. When he married he had his own house, and all his investments were with a financial advisor. His spouse, after they were married, sold his home (which he owned outright), and bought a new one. Moved his assets to another FA firm (from Edward Jones to Northwestern Mutual). He had a pre-nup... but because he sold his house and bought a new one after he was married, the equity in his own house became community property. When he moved his investments to a new company, those became community property. After 18 months of marriage he ended up losing $500k to his former love goddess. On top of that he had to pay her legal bills, basically paying the lawyer that ripped his pre-nup to pieces. Not a bad payday for a former waitress for a year and a half of 'work'.
Prenups if done right can be ironclad -- agree 100%. But most husbands will inevitably fvck up over the course of years with his assets. Lawyers are great with comminglement arguments. There is probably an endless list of hypothetical arguments you can make for why something got commingled and no longer is covered under the prenup. A lot of times it will come down to who your judge is (old conservative man or new-age, woke woman for instance).This isn’t accurate dude. Each state has their own laws on division of assets, as well as what constitutes marital property, support obligations and the like.
i don’t know what state you are in but as far as New Jersey is concerned, as long as your friend had kept the pre-marital assets in his own name, and made sure that his wife had not updated his premarital property, what he did would not have commingled his funds.
it sounds to me, more so, that your friend didn’t follow the rules of the prenup. It also sounds to me like he had bad financial advice which is not surprising given the two shops you mentioned, which aren’t known for dealing with people with complicated wealth issues.
Men frequently err by talking too much. They often monopolize conversations, droning on and on about topics that bore women to tears. They think they're impressing the women when, in reality, they're depressing the women.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
I think you’re correct. It’s what is happening in mine now except I’m on the other side, and I convinced my ex wife to move out of our house that we owned with her parents and wire the proceeds into a place in joint name. Then I had her father get on the mortgage with me so that if he wanted to fvck me later on, that I had his credit by the balls which is helping a lot right now. I knew I was married to a nut with a father with deep pockets and I needed to put some financial balance back in because I knew when I filed that this was going to be long and ugly and I was right. In other words I played the 5 year game to protect my kids. I should have done more to pressure her but I couldn’t let our kids see their mother get taken out of the house by the police so I never hit her with the death blow. (Advice to everyone, always go 100%, id have done it in retrospect)Prenups if done right can be ironclad -- agree 100%. But most husbands will inevitably fvck up over the course of years with his assets. Lawyers are great with comminglement arguments. There is probably an endless list of hypothetical arguments you can make for why something got commingled and no longer is covered under the prenup. A lot of times it will come down to who your judge is (old conservative man or new-age, woke woman for instance).
And how your judge got there and your jurisdiction. Some areas have elected judges, others have appointed judges.A lot of times it will come down to who your judge is (old conservative man or new-age, woke woman for instance).
It would be better for the man to lose the woman on account of demanding that she sign a prenup vs. getting 5-10 years out of a facade of married life and having her leave 5-10 years later with tangible asset prizes.Most women in today's age won't agree to a pre-nup unless there is a huge discrepancy in SMV in the man's favor. A HB 7+ will always have a better financial option to a man (unless he is a multi-millionare) who is demanding a pre-nup. So naturally, most men are not going to want to lose his bride-to-be by insisting on the prenup.
Put your non-IRA assets in a trust. As for IRA assets, leave that account alone, and set up a new IRA at a completely different brokerage for any contributions after getting married. NOTE: In a community-property state that new IRA will be half hers no matter what.Since we’re on the topic, can we discuss a rough guideline on creating a bulletproof prenup?
Yes, this is basically the idea. The key is to not commingle.This isn’t accurate dude. Each state has their own laws on division of assets, as well as what constitutes marital property, support obligations and the like.
i don’t know what state you are in but as far as mine is concerned, as long as your friend had kept the pre-marital assets in his own name, and made sure that his wife had not updated his premarital property, what he did would not have commingled his funds.
it sounds to me, more so, that your friend didn’t follow the rules of the prenup. It also sounds to me like he had bad financial advice which is not surprising given the two shops you mentioned, which aren’t known for dealing with people with complicated wealth issues.
If you currently have too many women chasing you, calling you, harassing you, knocking on your door at 2 o'clock in the morning... then I have the simple solution for you.
Just read my free ebook 22 Rules for Massive Success With Women and do the opposite of what I recommend.
This will quickly drive all women away from you.
And you will be able to relax and to live your life in peace and quiet.