We both have children from previous marriages. Neither of us is wealthy or have much savings. I own farm land which has the potential of being very valuable due to gas and oil exploration a few miles away. Neither of us is retired.
2007-03-27 18:39:00 · 18 answers · asked by Anonymous in Family & Relationships ➔ Marriage & Divorce
even if you are only living together i would strongly suggest you both go to a lawyer and have agreements/wills whatever it takes drawn up to protect your own children's inheritance.
we had a similar situation in our circle and because they didn't have anything drawn up legally it was a battle between the two sets of children. sadly after two years this is still going on and the lawyers are benefiting.
these two fine people worked all their lives, saving money and property to pass on to their children and because they didn't have formal agreements drawn up their kids aren't going to see much of their inheritance at all.
and these 'kids' are mature adults, but one side started over a ring their father gave his wife and the next thing you know they were all battling.
please make sure you have a lawyer help you protect your children's inheritance and your man should be doing the same thing.
by the way, congratulations of finding love a second time. happy wedding and happy marriage to you! good luck!
2007-03-27 18:48:21 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Why? What would pre-nups accomplish? Better yet, what is it you think you might accomplish by such a document? If you want to keep the land in your name, simply have him sign something that waives any claims he might have, now or in the future, on the land. Have an attorney draw up the agreement because land laws are different in each state. Also, you can each prepare wills in which you carefully describe what is to go to who. Is the land paid for? If not, and if he makes contributions to paying off the land, he may acquire some interests in the land. That's the reason for the above mentioned agreement. Talk with an attorney, it's definitely worth it.
2007-03-27 18:45:16 · answer #2 · answered by judgebill 7 · 0⤊ 1⤋
While I'm not a lawyer, I would think it's as good idea to protect yourself since it might be valuable in the near future - best case scenario, if the property is valuable and you sell, there's no reason you can't contribute the bulk of your disposable income & future spending - that you are "sharing" your wealth and at some point in the future, you can always tear up the pre-nup BUT it will much harder legally and relationship-wise to ask him to sign later on - especially if someone starts asking you to sell drilling rights.
2007-03-27 18:54:53 · answer #3 · answered by jbelkin800 3 · 0⤊ 0⤋
Your 67 years old. Not to be rude or to disrespect my elders but lets be real here. It is hard to find a dude these days in your 20's you landed one in your late sixties. I f he is a great guy why would you do that. Dont sign a prenup just have it in your heart that you are going to stay together forever, that way if you past away first you wouldnt even have to worry about your farm, if he passes , HELL, the farm is still all yours. YOU WIN EITHER WAY.
2007-03-27 19:25:12 · answer #4 · answered by misso 2 · 0⤊ 0⤋
60 is now considered the new middle age. You are not very old. If you are planning on being with this man for the rest of your life that could very well be at least another 40 years!! I think you should definatly sign prenups better safe than sorry good luck with everything!!
2007-04-02 04:01:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋
A Prenup would be helpful because you both have children. I say go for it. It will avoid a lot of problems when discussions arise in the family - you both will have expressed what you want in a lawyer's office and it won't be worth hashing over every little thing in family arguments.
Good luck!
2007-04-01 17:44:28 · answer #6 · answered by kathyw 7 · 0⤊ 0⤋
Ask your children they are the one who win or lose. I was going to get a prenuptial but I have decided that her child is worthy of taking everything I own. So I'm not getting one.
2007-03-27 18:49:47 · answer #7 · answered by gi joe 1 · 0⤊ 0⤋
If you feel that it is right for you I would, however, I don't think it is necessary. I would make sure you have a will prepared if you want your children to get the land and property you have in case something happens to you, otherwise it will go to your husband and his children . Good Luck!
2007-03-27 18:45:14 · answer #8 · answered by pantherchelle24 2 · 1⤊ 0⤋
If living in arrangement, no necessity of the formalities but desirable in case of marriage as both of u may like to leave ur estate to ur kin.
2007-03-27 19:09:25 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Have something in writing because:
On my street there was an elderly couple. The male partner died which left everything to the wife. She died soon after and her side of the family got "everything". His side of the family received "nothing".
2007-04-01 17:34:07 · answer #10 · answered by Sunflower 6 · 0⤊ 0⤋