Quote:
Originally Posted by The Cobra
I get that many people think that, but if you think like that, why would you do a will until you are quite old?
Now, two young people without much likely don't need an agreement, as if they break up, everything should be 50/50 anyway.
But these days people often have accumulated some assets prior to marriage or living together. It simply makes sense as to how those are going to be divided up in the case of a breakup.
The odds suggest very strongly that there will be a breakup.
In my experience the person with the less money/earning potential is the one who feels that it's "unromantic" to consider such matters in advance.
Marriage or living together is a business arrangement between two people who presumably love each other. They have purposely decided to live under a system of laws which will govern their relationship. Entering into an agreement which will help define those laws and its application to their particular living arrangements is simply a responsible thing to do.
it's not about screwing anyone. It's about hoping that by entering into an agreement, parties who are no longer getting along will save a ton of money by agreeing to things in advance when they are getting along.
Let's face it. If two parties who are deciding to get married can't agree as to how future assets are going to be divided, what chance to those people who now may hate each other have of agreeing to an amicable split? In those circumstances, only the two lawyers will benefit.
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Wills protect families though not individuals so I see a big difference there.
I understand what you are saying but I and I assume many others did not go into a relationship thinking about business and hoping for romance. I just wanted some poon tang and everything else was just noise. But I was quite young and didn't have anything to worry about.
I am not disagreeing with a prenup or co-habitation agreement I just think they are difficult to broach and they themselves can cause issues. I have no advice here just ramblings and curiosity.