How to make a Pre-Nup Romantic . . . compare it to state law deciding your financial fate in a divorce

February 16, 2017

 

Bottom Line: If you do not put a legal agreement in place setting forth your wishes, state law will dictate your financial fate in a divorce.

 

Concerned the government does not represent your values?

Before you say "yes to the dress" say "yes" to a pre-nuptial agreement.  

 

Most couples are unaware that by default their marriage and divorce is governed by state law, and those state laws may not reflect your personal values or intentions with respect to your financial obligations, needs and goals.

 

 

Action Plan:

1. Open a bottle of wine, beer or vodka and write down your financial obligations, needs and goals on a sheet of paper.

2. Switch sheets with your partner.  Drink.

3. A few questions to help put things into perspective:

- I expect to put my entire paycheck into our joint account.  Yes / No

- I expect to take 6 months, 2 years, life off from work when we have a child.

- I expect to share equally both the financial success and failure of my start-up.

- I want to have 1/3 of my paycheck for my own needs. 

- If I won a million dollars tomorrow I would .... 

- I think we should have joint bank accounts, separate accounts, a few of each.

 

 

 

 

Please reload

Featured Topics 

October 5, 2015

Please reload

What's your question

What's your question

ning and digital money management tools, and custom investment management accessible on one dashboard 24/7. To advance her mission, Stacy & her daughter also volunteer teach girls in less developed countries, most recently in India. Stacy is an avid athlete, enjoys swing & cardio dance, and is a repeat visitor to the art museums and opera houses of the world. For the moment her love of international travel is trumped by visits to her daughter at college. 

 

Get in touch with Stacy:

Stacy@WomenInvestingNow.com

Connect with Stacy

  • Wix Facebook page
  • Twitter Social Icon
  • moneytipslogo_edited_edited.png
  • LinkedIn Social Icon

 

 

Copyright © 2018-2019 Women Investing Now, LLC. All Rights Reserved. In accordance with the Digital Millennium Copyright Act. By accessing and using this page you agree to the Terms of Use, including, but not limited to Restrictions on Use of Materials

Each person's financial obligations, goals, needs, and circumstances are unique. To receive personalized (just for you) tips and content subscribe to our email list. The Women Investing Now (WIN) website is for educational purposes only. WIN may not offer individual financial planning advice - yet - because we don't know you well enough. Let's fix that right now. Individual advice may be given only after WIN receives and considers your relevant financial data and personal information. Please schedule a free consultation.  Women Investing Now does not sell  financial products, and does not manage individual investments. t Nothing on this website shall be construed as individual investment, tax, or legal advice, or an offer, solicitation of an offer, or advice to buy or sell, or recommendation of any particular securities product, service, or investment strategy.