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I’m not a lawyer, but as I understand it, prenups protect premarital assets (like your childhood pet or a necklace your grandma gave you), but would not protect

by itake 6y ago

I’m not a lawyer, but as I understand it, prenups protect premarital assets (like your childhood pet or a necklace your grandma gave you), but would not protect you from income that was generated during the marriage, like if you started and sold a company. There are special exemptions on inheritances that happen during the marriage, but you have to be careful with commingling assets and it depends state to state. Like if you provide the down payment, but split the mortgage, the house is 50/50 owned

01100011 6y ago
This is not correct AFAIK. Prenups protect what you decide they protect, assuming they are created in a legally binding manner. In California and many states, inheritance and gifts are always sole property of the recipient and not considered community property. My ex was gifted property from a relative during the marriage(so they could illegally claim state benefits, but that's another story), and it was not even on the table during the divorce. In CA, if you provided the down payment on the mortgage with non-community money and then used community money to pay th mortgage, you could ask for the non-community down payment back and get 50% of the community interest in the home after that.