Comments on: Marriage is not a financial decision

By: Ken Starek

Ken Starek — Sat, 10 Jul 2010 22:35:32 +0000

I like this site…good info. discovered it on google. will save it as a favorite.

By: Financial bondage

Financial bondage — Sat, 10 Jul 2010 21:35:52 +0000

Marriage should be forever. Problem is these days it’s not. I agree getting a prenuptial is basically saying “I don’t think this will last” or “I will marry you but”…

By: The Best Money Blog

The Best Money Blog — Wed, 30 Jun 2010 22:55:41 +0000

Good post! I agree, pre-nupts only exist if you basically plan to divorce at some point. You are just saying, “Well, I am not planning on this as a sure thing so…”

It should be for life and if you can’t “risk” your money for your spouse then you have priority issues.

By: Financial Samurai

Financial Samurai — Sat, 26 Jun 2010 14:31:15 +0000

Oh to be young and in love again!

Wait a minute, that’s me!

By: Neil

Neil — Wed, 23 Jun 2010 23:27:31 +0000

Hi,

Absolutely agree with this. Marriage is a lifetime commitment and pre-nuptial agreements are a nonsense. If you go into something suspecting that (or preparing fo it) to fail then it probably will.

By: Money Obedience

Money Obedience — Wed, 23 Jun 2010 16:48:10 +0000

Money is important in marriage as it is an essential part of life. Sure, marriage is a lifetime commitment and to some a sacred institution. But it also carries tremendous social consequences and always has. That is why every culture has social rules around marriage and divorce including material rules which is just part of life. For example, the Jewish wedding contract can be viewed as a prenuptial agreement since it spells out the responsibilities of each partner and since it includes materialistic provisions.

By: Katrina

Katrina — Wed, 23 Jun 2010 16:32:44 +0000

While I agree that most pre-nuptual agreements are faulty, I have to disagree with your thought that all pre-nuptual agreements are bad. I don’t think they should be used to “protect” your assets from your partner (if you have that level of doubt about your partner, you shouldn’t get married) – but they should be used to protect your soon-to-be spouse from any debts you have going into a marriage. Some states allow creditors to go after your spouse upon your death for debts created prior to the marriage. I have quite a bit of student loan debt, as does my boyfriend. While neither of us have the intention of dying prior to paying them off, things do happen. I’ve been with my boyfriend for over 3 years now, and we have spoken of marriage. He is in agreement with me that any debt we have going into marriage should be listed in a prenup, even though we plan on combining finances once we’re married. Should one of us pass, there is no way the other could afford to pay off the total loan amount. We both wish to protect the other from harassing creditors during such a tragic time – if this means signing a prenup, then so be it.