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-   -   Marriage question for the ladies. (https://greekchat.com/gcforums/showthread.php?t=54853)

Munchkin03 08-05-2004 07:52 PM

Quote:

Originally posted by honeychile

When you're in your early twenties, neither spouse is making much money at all, and sees no big change in the future, it's not very important. But when you hit your thirties and are getting married, it's a whole new ballgame. You have your current money, your pension, your assets, and probable inheritances to consider. Also, if you've been married before, you have your children to think about, to make sure that they're not "fleeced" by a greedy exspouse. If I were to marry a man with children or a lot of money, I would fully expect to sign a pre-nup - after my attorney checked it out. Similarly, if I lived in a state where inheritance was considered community property, I would insist upon one.

NO ONE goes into a marriage thinking about a divorce, but realistically, roughly half of the marriages in the United States fail. No one plans to have major hospital expenses, either, but most still carry insurance - same with home insurance, car insurance, etc. There are contingencies in life, and it's only wise to prepare for them.

You're absolutely right.

I don't think prenups spoil the romance of a wedding or impending marriage. If you're smart, there are other things you should do to protect yourself, spouse, and respective families--such as beefing up your life insurance policies, writing or refining wills, putting on paper such things as DNR orders, organ donation directives, and the like. These things might be "unromantic," but they're realistic.

I know couples who incurred student loan debts before and during their marriages and signed prenups in order to keep those debts separate in the case of divorce. Can you blame them?

But--back to the main topic. The woman is an eeediot. DO NOT have children without being married, and this is coming from a legal standpoint, not a religious one.

AGDee 08-05-2004 08:06 PM

Quote:

Originally posted by James
Thats a fair question. I would sign a pre-nup if asked. But also, there is still a skew towards women when it comes to divorce settlements. Men are less likely to get the same settlement that women are in similar situations.
Statistics don't really show that...

According to Long Island University's National Center for Women & Retirement Research, the average woman sees a 45% drop in her standard of living after divorce, while the average man improves his standard of living by 15%.


From Business Week Article

James 08-05-2004 08:13 PM

I read that. That still makes sense from this thread's prespective. If a woman that is a homemaker or has a lesser income than her husband gets a divorce of course she is going to have less available money.

That would happen even if she got a monstrous settlement from a billionaire. She would have less income earning power than he did.

Quote:

Originally posted by AGDee
Statistics don't really show that...

According to Long Island University's National Center for Women & Retirement Research, the average woman sees a 45% drop in her standard of living after divorce, while the average man improves his standard of living by 15%.


From Business Week Article


ztawinthropgirl 08-05-2004 10:19 PM

I know someone said this earlier in this thread but in some states, including my state of SC, a common law marriage is recognized. In turn, if the couple breaks up, the "spouses" can stake claims to the other's assets.

If he won't sign a pre-nup, then, I would probably be suspicious of his motives. I would think that he's more concerned with his assets than the relationship and this would be vice versa. I would expect a male partner to be suspicious of me if I made more than he and I wouldn't sign a pre-nup. It can go either way. I am all for common law marriages because lots of times marriage certificates can really screw up things. Once that piece of paper, the marriage license that is, is signed, all of a sudden, the pressure is on like a load of bricks. I think one should enjoy the relationship and sign a pre-nup. Otherwise, shape up or ship out.

norcalchick 08-06-2004 01:12 AM

OT

Does your credit standing effect your spouse's credit when your married? Like if you have bad credit before you get maaried, does that effect your SO?
/OT

Munchkin03 08-06-2004 09:15 AM

Quote:

Originally posted by norcalchick
OT

Does your credit standing effect your spouse's credit when your married? Like if you have bad credit before you get maaried, does that effect your SO?
/OT

Only if you apply for things together, like mortgages, loans, or credit cards.


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