First of all I saw some posts of people saying why get a prenup if you plan on getting divorce! Well, 1 out of 3 marriages ends up in divorce and is hard to tell what could happen 20 or 30 years from now!! In my case we plan to open future businesses and we want to keep our our purchases, investments assets and incomes separate in the future. However, in case of divorce we'd like to know that we each get to keep what we worked for so many years. We are a young couple we are and not coming in the marriage with any assets, again, we want to protect our future incomes and assests in the future. Is this possible with a prenup?
2007-11-07 10:12:41 · 14 answers · asked by dreamsound54143 2 in Family & Relationships ➔ Marriage & Divorce
No, a prenup protects what you have prior to marriage.
2007-11-07 10:16:22 · answer #1 · answered by Brittney 6 · 1⤊ 3⤋
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RE:
Can a prenuptial agreement protect spouses future income and assests adquired during marriage?
First of all I saw some posts of people saying why get a prenup if you plan on getting divorce! Well, 1 out of 3 marriages ends up in divorce and is hard to tell what could happen 20 or 30 years from now!! In my case we plan to open future businesses and we want to keep our our purchases,...
2015-08-06 17:45:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Usually a Prunuptial is for whatever person wants it has a big bank account and you write in the pre nup what she will or he will get in case of a divorce, this is money or property or whatever he has and if he makes big money while your married. He or she states what you wil receive in case of a divorce and isn't to be broken. He may say I'll give a million dollars for each year we stay married or just how everything will be given to you as your final settlement no matter how much money he has accumulated during our marriage or before your marriage. What it really boils down to is a contract between 2 people as what the poorer person will receive in case of divorce . You sign before a attorney and you know what your signing is a settlement of your divorce if you should divorce one another. Some people think that is just a sign that he is going at one time want a divorce, no it isn't it is just protect his holdings.
2007-11-07 10:42:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you both come into the marriage without significant assets, then there's not much point in a pre-nup. Its to protect the one who enters the marriage with more assets. It would not cover any earned during it.
Then would come the problem of sorting out who contributed what to each of the businesses. For example what if one helped the other out during a downturn, or a start up? What if one was contributing more to the household expenses, so the other could keep more in the business? If you two are (or one of you is) so worried over protecting your ***.ets, why get married at all?
Surely a marriage is about supporting each other?
2007-11-07 10:24:36 · answer #4 · answered by Barb Outhere 7 · 0⤊ 1⤋
I am not sure. I would think if you write in such a way that says, that whatever you earn while married will remain seperate, then it will. You would probably need to keep seperate bank accounts and credit cards and such. But I am no lawyer, just guessing.
I used to be against pre nups, but then I thought what if I were the one with the money. I would want it protected. So I think they are fine, if you both agree to the terms.
2007-11-07 10:23:31 · answer #5 · answered by baileysmom 3 · 1⤊ 0⤋
It totally depends on the wording of the pre-nup. They can be worded to protect assets BEFORE marriage as well as a percentage of what is earned during the marriage if both parties agree to the terms.
2016-03-13 12:37:17 · answer #6 · answered by ? 4 · 0⤊ 0⤋
I would find the statutes of your state (ask the Legislative Service Office or your state's equivalent). They should have a section for "Domestic Relations" or something of the like. This will give you the legal basis for answering your question. Some states are different, and you will probably have to name specific terms in your prenup. I think prenups are smart and valuable, not pessimestic. :)
2007-11-07 10:19:21 · answer #7 · answered by anon 5 · 0⤊ 0⤋
LOL No, a prenup cannot do that. A prenup is two lawyers and one very expensive, intricate document, and negotiations, you two can't even afford one, which is for the best coz you don't need one. Also don't get married, EVER. LOL
2016-07-16 02:13:55 · answer #8 · answered by ko 3 · 0⤊ 0⤋
a prenuptial agreement protects assets which a person has acquired BEFORE they ever decide to get married, not what was earned as a couple.
you can agree to have your own accounts, retirements and funds outside of the mutual finances you contribute in order to purchase a home and pay expenses.
if you don't trust someone, then don't marry them.
2007-11-07 10:23:59 · answer #9 · answered by letterstoheather 7 · 1⤊ 3⤋
Generally it can not - but you may be able to find an attorney that can help you set up your business ventures in separate names and keep finances separate that way...that may help if it came to a divorce...
2007-11-07 10:17:33 · answer #10 · answered by Me 4 · 0⤊ 0⤋
Yes it is.. But I think someone who wants a prenep has doubts about how the story is going to end??
2007-11-07 10:24:10 · answer #11 · answered by Anonymous · 0⤊ 0⤋