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Pre-Nuptual Agreements: the New Anti-Divorce Cure?
#51

Pre-Nuptual Agreements: the New Anti-Divorce Cure?

Quote: (04-28-2017 09:21 AM)lowside Wrote:  

Can't you just be with a woman and live together till death do us part, without ever getting married?

Just make sure you're not in a country/state that has common law marriages. If you do, and live with a woman, be careful about filing your taxes together, buying the house together, having children together etc.
It kind of depends on the country/state, but these are typical things that could make it a common law marriage.
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#52

Pre-Nuptual Agreements: the New Anti-Divorce Cure?

Quote: (04-28-2017 09:21 AM)lowside Wrote:  

Can't you just be with a woman and live together till death do us part, without ever getting married?

If you live in a sane country?

Yes.

"I'm not afraid of dying, I'm afraid of not trying. Everyday hit every wave, like I'm Hawaiian"
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#53

Pre-Nuptual Agreements: the New Anti-Divorce Cure?

I think the focus should not be on exclusively getting prenups. That's like building a castle on the sand.
A prenup is more of a handshake agreement than it is an iron clad legal document that courts recognize universally.

The real focus should be on minimizing your personal liability...i.e protecting your assets
in the event of a lawsuit. And that's exactly what divorce has become...no longer is it just two people separating
peacefully. It can become a kind of penalty or lawsuit for not making the marriage work out...regardless of whether it was your fault.

That's why it's smart to limit your liability and put your important assets into a trust...before you get married.
That way there are no debates or legal challenges because your assets are already protected.

Here's a great article on why you should have trusts and personal umbrella policies:
https://www.forbes.com/sites/jefflanders...0a7a2d377d

If your valuable assets are protected with a trust, then having a Prenup can be used to actually give your fiancé
some peace of mind, knowing if things don't work out then you'll help her but you're not going to give her your financial portfolio
or your parents house, or grandma's motorcycle etc that you inherited.
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