I live in Wisconsin, which is also a community property state. Years ago I worked with a woman whose credit was ruined by debts run up by her ex-husband's former business partner. She didn't even know anything about the debts until years after the divorce, when the guy defaulted. (The business was a partnership, not an LLC, which was obviously dumb. But that made the husband liable, which then made his wife liable. She had a good job, but drove an old POS car, because she couldn't get a car loan....)
A question popped up into my head and I was asking myself doesn’t a prenup prepare you for divorce? We don’t say that about health insurance do we? We get insurance in case we get sick or meet with an accident, but that doesn’t mean that it will happen. We get on an airplane, they have a safety briefing every single time we board a flight, but that doesn’t guarantee a crash. Airplanes rarely crashed, but we still have to watch the safety video.
My guess is you see higher earning potential in your future business and you don't want to get treated like a man in court. Otherwise most women fair well from financial benefits in divorce.
Everyone needs a prenup cuz they can be in your favor. It's not necessarily to protect what you have its to make sure you get what he has. I have seen a lot of rich women try to get anything out of a rich husband and they get nothing if you have a prenup that stipulates that you're going to get so much whether he's in debt up to his ass doesn't matter he's still going to have to pay up with the prenup says
Just a small tip: I listen to your podcast on Spotify and you have a very pleasant voice to listen to and I really enjoy the topics you cover. However, this is the first time watching a UA-cam video of yours and it feels a bit non personal since I can see your eyes move reading the text. Maybe better to have notes but not full sentences to get your story going so you have more time to look at the camera or up to make the video more interactive.
I live in Wisconsin, which is also a community property state. Years ago I worked with a woman whose credit was ruined by debts run up by her ex-husband's former business partner. She didn't even know anything about the debts until years after the divorce, when the guy defaulted. (The business was a partnership, not an LLC, which was obviously dumb. But that made the husband liable, which then made his wife liable. She had a good job, but drove an old POS car, because she couldn't get a car loan....)
A question popped up into my head and I was asking myself doesn’t a prenup prepare you for divorce?
We don’t say that about health insurance do we?
We get insurance in case we get sick or meet with an accident, but that doesn’t mean that it will happen.
We get on an airplane, they have a safety briefing every single time we board a flight, but that doesn’t guarantee a crash.
Airplanes rarely crashed, but we still have to watch the safety video.
My guess is you see higher earning potential in your future business and you don't want to get treated like a man in court. Otherwise most women fair well from financial benefits in divorce.
Correct
Lol. Yep
Everyone needs a prenup cuz they can be in your favor. It's not necessarily to protect what you have its to make sure you get what he has. I have seen a lot of rich women try to get anything out of a rich husband and they get nothing if you have a prenup that stipulates that you're going to get so much whether he's in debt up to his ass doesn't matter he's still going to have to pay up with the prenup says
Just a small tip: I listen to your podcast on Spotify and you have a very pleasant voice to listen to and I really enjoy the topics you cover. However, this is the first time watching a UA-cam video of yours and it feels a bit non personal since I can see your eyes move reading the text. Maybe better to have notes but not full sentences to get your story going so you have more time to look at the camera or up to make the video more interactive.
I appreciate this a lot!! I am a work in progress on these types of videos. :)