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> In case you are curious, Daniel and Susan ended up not having a prenup. Daniel wanted to have a prenup, but Susan fought tooth and nail to keep it out of thei

by colmvp 10y ago

> In case you are curious, Daniel and Susan ended up not having a prenup. Daniel wanted to have a prenup, but Susan fought tooth and nail to keep it out of their marriage. Daniel is now at peace with the fact that he has to share whatever he makes during the marriage with Susan, knowing that the money he brought into the marriage will always be only his. Dear readers, do you think Daniel and Susan should have had a prenup? Huh, how surprising that the person with significantly less income and assets fought hard to prevent a prenup.

danvoell 10y ago
"share whatever he makes during the marriage with Susan" - my understanding is that you need to share not just what you make during marriage but also the assets you had before.
- DamnYuppie 10y ago
  That depends on the state. Most it is seen as separate unless you "co-mingle" them with shared assets, say invest in a business or home together.
- dragonwriter 10y ago
  That depends on the jurisdiction -- and, mostly, that's the jurisdiction in which any hypothetical future divorce will occur. In California, pre-marriage assets are separate property, as well as certain things received during marriage (gifts, bequests, etc., as well as earnings such as rents derived from other separate property.) (California Family Code, Sec. 770.) Other things gained during the marriage are generally community (or, if gained outside of California, quasi-community, which is treated the same in a divorce) property.
- JoblessWonder 10y ago
  They cover this in the post but it depends on the state. Here is a snippet: > "Income generated from community property will remain community property, and income generated from separate property will remain separate property. So any investment income earned from Daniel’s savings before the marriage, or gifts or inheritances he receives during the marriage, will remain his separate property, while investment income generated from Daniel’s savings during the marriage will be community property."
emodendroket 10y ago
Really fiendish how she held a gun to his head and forced him to get married.
- stephengillie 10y ago
  A marriage is many things, including a business relationship. Like any business deal, don't do it if doesn't make good sense.
  - emodendroket 10y ago
    Well, if I were thinking of my marriage as a business relationship it would have been an insane one.
  - antisthenes 10y ago
    If that were the case, marriage rates should asymptotically be approaching zero, unless there was a thriving marriage insurance industry. But there isn't and they aren't (although they are plummeting for millennials, so maybe that's a start of a long term trend), so clearly there's more going on.

by colmvp 10y ago

danvoell 10y ago

"share whatever he makes during the marriage with Susan" - my understanding is that you need to share not just what you make during marriage but also the assets you had before.

DamnYuppie 10y ago
That depends on the state. Most it is seen as separate unless you "co-mingle" them with shared assets, say invest in a business or home together.
dragonwriter 10y ago
That depends on the jurisdiction -- and, mostly, that's the jurisdiction in which any hypothetical future divorce will occur. In California, pre-marriage assets are separate property, as well as certain things received during marriage (gifts, bequests, etc., as well as earnings such as rents derived from other separate property.) (California Family Code, Sec. 770.) Other things gained during the marriage are generally community (or, if gained outside of California, quasi-community, which is treated the same in a divorce) property.
JoblessWonder 10y ago
They cover this in the post but it depends on the state. Here is a snippet: > "Income generated from community property will remain community property, and income generated from separate property will remain separate property. So any investment income earned from Daniel’s savings before the marriage, or gifts or inheritances he receives during the marriage, will remain his separate property, while investment income generated from Daniel’s savings during the marriage will be community property."

emodendroket 10y ago

Really fiendish how she held a gun to his head and forced him to get married.

stephengillie 10y ago
A marriage is many things, including a business relationship. Like any business deal, don't do it if doesn't make good sense.
- emodendroket 10y ago
  Well, if I were thinking of my marriage as a business relationship it would have been an insane one.
- antisthenes 10y ago
  If that were the case, marriage rates should asymptotically be approaching zero, unless there was a thriving marriage insurance industry. But there isn't and they aren't (although they are plummeting for millennials, so maybe that's a start of a long term trend), so clearly there's more going on.