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I'm curious if this is easier to handle with non-liquid assets? Imagine he has a $100k fishing boat instead of $100k stuffed in a mattress. Is the spouse more
by rekwah 10y ago
I'm curious if this is easier to handle with non-liquid assets?
Imagine he has a $100k fishing boat instead of $100k stuffed in a mattress. Is the spouse more willing to sign a prenup if it's easier to make the mental separation between "mine" and "theirs" when it's a physical asset?
- finangle 10y agoIf you have illiquid assets, I think it is more important for you to have a prenup. Say if you have a one million dollar house and run a business that is also worth one million, you might want to give your spouse the house and keep the business for yourself in the prenup. After all, you do not want your spouse who knows nothing about your business to have 50% interest in it. And it saves the headache of having to sell the house and split the proceeds in a divorce.