301: Why You’re (Probably) Wrong About Prenups

BiggerPockets Money Podcast

BiggerPockets

Education, Investing, Business

4.5 • 3K Ratings

🗓️ 16 May 2022

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Asking for a prenup (prenuptial agreement) can be an exceedingly scary ask. To your partner, a prenup may seem like a way of telling them that you’re planning for a future divorce. But, in reality, it could be the thing that secretly saves your marriage. The everyday American knows very little about the prenuptial agreement and has gotten most of their information from movies, reality TV shows, and hearsay from friends and relatives. We wanted to know the truth about prenups, so we invited attorney Aaron Thomas on the podcast. Aaron Thomas has a wide range of experience in family law, divorce law, and anything that comes from legally joining (or separating) a couple. He knows how difficult divorce cases can be and saw the same mistakes repeated by couples. The lack of communication over finances, minimal planning (if any at all), and wishful thinking led to more and more couples seeking separation shortly after marriage. Now, Aaron and his team work with couples to form strong prenuptial and postnuptial agreements so that they have a rock-solid financial foundation to stand on when dealing with the daily joys and struggles of marriage. Aaron argues that the prenup may be the most important step in mitigating a divorce and that the protection of a prenup goes far beyond wealth. If you never thought about getting a prenup or postnup before, you definitely will after this episode! In This Episode We Cover Prenuptial and postnuptial agreements explained and what they protect Added stipulations in a prenup that most couples don’t know about The optimal way to combine finances as a couple and how to split uneven paychecks How to bring up a prenup or postnup to a partner who’s feeling averse to one The cost of divorce vs. a prenup and why you DON’T want to leave a legal separation up to state laws Which couples shouldn’t look into signing a prenuptial or postnuptial agreement And So Much More! Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Mindy's Twitter Apply to Be a Guest on The Money Show Podcast Talent Search! Subscribe to The “On The Market” YouTube Channel Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Check Out Mindy’s 2022 Live Spending Tracker and Budget ATL Aaron Thomas Law BiggerPockets Money Podcast 24: Getting Financially “Naked” with Your Significant Other — With Erin Lowry Prenups.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Bigger Pog its Money Podcast, show number 301, where we talk to Aaron Thomas
0:06.2	from pre-nubs.com about, can you guess?
0:09.8	Uh, pre-nubs?
0:10.9	Yes, pre-nubs!
0:13.8	You know, people talk about, you know, making big financial decisions, you know, there's
0:16.9	some, there's a, I think a quote about the biggest financial decision you'll make here
0:20.2	life is, is buying a house wrong, it's getting married.
0:23.7	It's getting married as the biggest financial decision you'll ever make.
0:27.3	And so the idea that you do that without some planning, you know, again, whether you
0:31.8	get a pre-nubs or a post-muff, you've at least got to sit down and have, you know, kind
0:35.3	of a plan for how you manage your finances.
0:38.0	Hello, hello, hello, my name is Cindy Jensen, and joining me today is David, the military
0:43.5	millionaire, Paray.
0:45.2	David and I are here to make financial independence less scary, less just for somebody else, to
0:49.7	introduce you to every money story because we truly believe financial freedom is attainable
0:53.6	for everyone, no matter when or where you're starting.
0:56.9	Whether you want to retire and travel the world, go on to make big time investments and
1:00.1	assets like real estate or start your own business, we'll help you reach your financial
1:03.9	goals and get money out of the way so that you can launch yourself towards your dreams.
1:08.2	Okay, before we get to the show, let's hear a word from today's show sponsors.
1:11.8	Okay, David, today we are talking to Aaron Thomas.
1:16.1	He is an attorney in Georgia and he is from pre-nubs.com.
	...

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