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Why You Need A Prenup

Updated on October 18, 2014
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Love is a many splendid thing, but when it's over there is nothing splendid about it. I'm sure you'll find it strange that this is coming from a person who has yet to marry, but I am wise enough to notice loved ones, friends, and acquaintances who have seen their net worth (self and financial) taken into negative territory because their marriages ended in a nasty money grubbing battle. It's a difficult thing to see but can be avoided with a little bit of planning. We are creatures that can plan ahead for some measure of self preservation and this is something that every person should do. Even if you are not financially well off, you should get one written up and signed to protect yourself should your fortunes suddenly change or if you simply prefer to have the peace of mind of keeping everything you brought into the relationship. This is also necessary for those with children from previous relationships. If you were to divorce, would you want assets or sentimental items to be handed over to your ex or sold to split the proceeds?

There are many tales of multi-million dollar divorces in the sports and entertainment worlds which become hotly debated by some. It astounds me that some people with significant net worth marry without putting the prenup life preserver into place. For these types, the mention of a prenup tends to drive (male and female) gold diggers away, saving you from sharing a life and money with them. Those who are truly in it for love would be just fine with signing one. It is possible that a prenup could be the last litmus test for your relationship before the wedding date.

Keep in mind that prenups can contain whatever you and your spouse agree to. If you prefer that whatever each partner brought to the marriage remain theirs if it were to end, this can also be a part of your agreement. It can also be stipulated that if the marriage were to end after certain length of time that a set amount of alimony would be paid. For those who don't want their partners to let themselves go physically, it can also be stipulated that the partner not gain more than a certain number of pounds in the relationship or pay some sort of penalty which doesn't always have to be monetary. I know that last one sounds mean or crazy, but if it was your spouse who gained an extra hundred pounds or two without a medical reason, you'd very likely wish you put this stipulation into place beforehand as a deterrent.

There are many people who bristle at the mention of a prenup but it is a tool that can be used to protect your interests. Change is the only constant, and people change. Sometimes we, or they, don't change for the best. Think about getting a prenup or a postnup if you're already doing life (kidding!). Almost anything can be placed into a prenup. There are people who prefer to ban smoking, cheating, too much sex, too little sex, excess weight gain, and live-in or visiting in-laws. That last one can be a lifesaver. Enough said.

© 2012 Express10

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    • Express10 profile image
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      H C Palting 3 years ago from East Coast

      It can also be a good idea to get a post nup however, 10 years in, with some couples the mention of it may cause tension simply because it lays down some boundaries. Getting it done could still be a wise choice if both parties can put terms into writing that they agree with.

    • DChance2 profile image

      DChance 3 years ago

      I don't have a prenup. I never thought of getting one 10 years ago.

    • Express10 profile image
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      H C Palting 5 years ago from East Coast

      Congratulations on your 42 years of marriage, you surely have passed the litmus test. I've never been married but know several people close to me and a few colleagues that went through hell fighting for what they felt they were owed or were actually owed by law. I have seen a lot of pain, energy, and anger spent on scrambling to get even or simply hurt someone they once told the world that they loved. Better to have a humane and concrete exit and move on if needed or laugh at it each year the marriage continues.

    • Peggy W profile image

      Peggy Woods 5 years ago from Houston, Texas

      We will have been married 42 years this October. Guess it is a bit late to get a pre-nup. Ha! Seriously, those who have great assets, children or other considerations are wise to do this, and like you said, it can also be a litmus test as to the strength of the relationship.

    • Dee aka Nonna profile image

      Dee aka Nonna 5 years ago

      Bravo to you. I have often said there are several way one can learn, but two of the most powerful are to live it or to watch others live it. This is great information and I hope people take notice. Voted up and useful

    • Express10 profile image
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      H C Palting 5 years ago from East Coast

      Thanks Frank, I totally agree with you.

    • Frank Atanacio profile image

      Frank Atanacio 5 years ago from Shelton

      So many men and women are now so money hungry--love takes a backseat.. yeah had to stick my two cents in LOL great share great Hub :) Express 10 Frank