Thread: Prenuptials
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Old 03-18-2008, 09:47 PM   #19
Thunderball
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I think there's two important things to consider with a prenuptual agreement:
1. They are not set in stone, which means two things,
-They can be amended or ripped up, and more importantly,
-If a judge considers it unfair, deems it signed under duress or under false pretenses... its suddenly worth dick all.
2. Prenuptual agreements are often referred to as "Succession Agreements", these are most useful for:
-Blending families
-to supercede a will or to compliment a will
-to allow a spouse to attain more share of the estate as the marriage progresses
-protecting inheritors


But unless your friend is worth over $1 million, its probably not worth the cost, hassle and trust issues. If your friend has children, or has been divorced before, its much easier to slip one of these in without dealing with the backlash. Its much easier to say, "I need to make sure my children are being taken care of in case I die" or "my lawyer says that I should get this to help plan our estate" than it is to say "I need to protect myself in case you become a horrible greedy monster."

I'm by no means a lawyer, I've just sat in on many discussions pertaining to these by much more knowledgeable people than me.
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