Money Feels
55: Divorce, Prenups, and Your Money
Apr 4, 2024
Discussing divorce, prenups, and financial implications. Personal anecdotes on post-divorce challenges, spousal support, and child support. Importance of budgeting, emotional resilience, and seeking legal advice. Exploring the impact of prenuptial agreements and financial independence post-divorce.
44:13
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Quick takeaways
- Consider getting a prenuptial agreement to protect financial assets in case of divorce, consulting a lawyer early on is crucial.
- Acknowledge the emotional impact of contemplating divorce and focus on understanding the process and implications for informed decision-making.
Deep dives
Considering a Prenup Before Marriage
Getting a prenuptial agreement, commonly known as a prenup, can be a strategic decision before entering marriage, especially for high-earning individuals like Annie. By having a prenup, couples can define property division defaults and protect their financial assets in case of divorce. It is essential to consult a lawyer early on to understand the legal implications and what aspects can be addressed in a prenuptial agreement.
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