Pre-nups

Discussion in 'Legal Issues' started by Property Twins, 27th Jul, 2015.

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  1. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    Gockie. ..with all the work you've put into your investments. ..i just hope you have pre nuptials in place! !!
     
  2. neK

    neK Well-Known Member

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    I don't know if I agree with this one.
    Going into a marriage with pre-nups is like expecting your marriage to fail.
     
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  3. Mombius Hibachi

    Mombius Hibachi Well-Known Member

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    More than 50% of first marriages today end in divorce. The more you get married, the higher that % goes. Going into a marriage with a pre-nup is prudent, logical, rational behaviour.
     
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  4. Perp

    Perp Well-Known Member

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    It's not random, though; you don't just "roll the dice". [Barring the appearance of severe addictions and mental illnesses etc.]
     
  5. Mombius Hibachi

    Mombius Hibachi Well-Known Member

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    No doubt. But going into a marriage without a pre-nup, if you hold significant assets, is akin to playing Russian Roulette with a pistol holding three bullets.
     
  6. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    Looking at the situation. .....it seems only one partner is interested in financial wellbeing. And that already would concern me personally. The best career/life decision would be to have someone on the same wavelength...
     
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  7. JDP1

    JDP1 Well-Known Member

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    We are sharp shooters on this forum; one bullet is all we need.:)
     
  8. MTR

    MTR Well-Known Member

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    Ok, do you have pre-nup assuming you are married, just curious

    :)
     
    Last edited: 31st Jul, 2015
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  9. neK

    neK Well-Known Member

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    I don't have a pre-nup :)
    I thought about it.... then decided it was a bad thing to start a marriage on.
    Said property was worth $600k at the time, presently its worth $1.2m.
     
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  10. TMNT

    TMNT Well-Known Member

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    Going by this thought process. Then youd never get car or home insurance!
     
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  11. skater

    skater Well-Known Member

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    Car & home insurances aren't people with feelings. You're not going to spend your life cuddling up to your insurance papers, I hope.
     
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  12. Perp

    Perp Well-Known Member

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    To expand on what skater said, whether I have a car accident or storm damage etc. is largely out of my control.

    Whether I choose a partner with whom I can build a successful and enduring relationship, and then nurture that relationship, is largely (not entirely) within my control.
     
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  13. Mombius Hibachi

    Mombius Hibachi Well-Known Member

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    Me? Married? Jesus Christ Marina, are you trying to give me a heart attack or what!

    "I've never seen you this mental over a girl before. Are you gonna marry her?"
    "Garth! Marriage is punishment for shoplifting in some countries."
     
  14. MTR

    MTR Well-Known Member

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    Calling Mr Fabulous. :).
     
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  15. TMNT

    TMNT Well-Known Member

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    So if i had my dream car in my garage now and i did cuddle , caress and touch it. Then i shouldnt get insurance!?!?!?!?! Dont think so
     
  16. TMNT

    TMNT Well-Known Member

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    Having a car is within your control

    Driving like an idiot and having an accident is within your control

    Relatiomships many things are outside anyons control. Whether it be time. Weather. Job. Family. Etc etc etc

    Love makes people go fuzzy and warm. Me too. Especially if you havr a lot to lose. Then it would be advisable to at least consider protecting it. As unromantic as it may be. If what youve saved or worked hard for is not worth anything to you and you sre perfectly happy to start from zero at later stages in life. Then yeah. No insurance is good.

    Unromantic as it may seem. Im not willing to do that.im half way through my life now. And its been a roller coaster of ups and downs
     
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  17. Steven Ryan

    Steven Ryan Well-Known Member

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    This has evolved in to a really great topic.

    IMO, pre-nups are just like seatbelts.
     
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  18. Perp

    Perp Well-Known Member

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    The pre-nup itself isn't the issue (and I can see a good argument for making them mandatory, actually).

    It's that the kind of person who's adamant about wanting a pre-nup, is the kind of person who thinks that material things are the most significant thing that they have at stake when they marry. And that's a danger signal.

    You should enter a marriage so "boots and all" that if it fell apart, the impact on your life would be so devastating as to dwarf any material considerations.

    If everybody went in with that attitude, and worked that hard at their marriages that they want to avoid that kind of devastation, there wouldn't be anywhere near as many divorces.

    Edit: if the person who wants a pre-nup is also as committed to doing things to ensuring the marriage endures - such as doing "marriage education", including in the pre-nup an agreement to do certain things to work on the marriage, agreements to get counselling, etc. etc. - then I also have far fewer concerns. It's those who want a pre-nup "so I don't lose everything based on a roll of the dice" who I'd run a thousand miles from.
     
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  19. Mombius Hibachi

    Mombius Hibachi Well-Known Member

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    What are your thoughts on No Fault divorce?
     
  20. Perp

    Perp Well-Known Member

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    It's essential to prevent people being trapped in abusive marriages.