Should My Fiancée Get Part Of My Wealth?
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- Опубликовано: 13 июн 2023
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PPL say a man wanting a prenup is a red flag, I say a woman being mad or offended over the idea of a prenup is a BIGGER red flag
I fully agree.
Female here and fully agree
The actual red flag is only understanding those things as buzzwords and not understanding your marriage contract or your prenup, both of you, fully. Don't be naive people can take advantage of eachother with either one, they are both just contracts.
😊 I'll have to say I'd be totally okay and good with a prenup either way the reason being I'm going to have my husband get a prenup fry say I do not have a husband I never had one is that if I if he commits adultery I get everything and if I commit adultery he gets everything
I fully concur. No one is entitled to ANYONE hard earned money...man or woman!
I had a male friend getting married and his fiancée who was rich had to have a prenup to get married. When they went to do the paper work and she found out he had over 15 times her net worth she refused to sign. He definitely dodged a bullet.
Damn, thanks for this story!
Meaning he did NOT marry her, correct?
Lol thats funny. She initiated the prenuptial until she found out he was worth alot more. Haha priceless
@@eaglewings33 yes
I agree he dodged a bullet. I don't think it shows great communication skills in your friend that he chose to spring that fact on her when the paper work was signed and hadn't discussed it previously.
So happy my hubby and I got together as broke kids. Lol
This is the best case because you build together vs someone meeting you in the winner's circle.
Me too. Together since age 17, married 34 years.
Definitely get a prenup. If she doesn't agree, don't marry her. End the relationship.
Everything you built before the relationship is yours. Everything you build after is “ours”.
Why wouldn't it be "Everything **WE** build together afterwards is ours?" This is why a lot of modern men are terrified of marriage...
@@aaronadamson7463 yes I meant we build after. Thanks for fixing my grammar. 👍 You -> pleural
Why is it that Dave says "your debt becomes OUR debt," but wealth isn't. 😂😂😂 I don't often disagree with Dave, but something is screwed up about this discussion.
Nailed it!
Not when you get married! Hence it’s a scam
I agree with Jade a bit here. I would want her to sign a pre-nup where she does not get his original wealth but the stuff they build together should be theirs. For example, she might quit her job and career in order to focus on his and they build the company from 7 to 25 million. Then after ten years he divorces her and she gets nothing even after she gave up her career and helped with his business. That is definitely not right. I would not sign a pre-nup like that and I am a guy.
Lol. Quit her job to be his secretary. Come on. She aint instrumental to the buisness
@fauxbro1983 you read that as a glorified secretary lol... you need to aim higher when you accept women into your life. A good woman can increase your efficiency by quite a lot the key is to find a competent woman.
Imagine if Dave Ramsey had a million dollar business when he met his wife and he got her to sign a pre-nup like he just described at the very beginning. Sharon becomes a stay at home mom, supports him, and provides feedback to help build his business into the success it is today. Now after all these years he decides to divorce her and she gets thrown on the street with nothing to live off of because the pre-nup says he owns everything. That is what he is suggesting and it is not right.
Depends on if she actually helps grow the business, making his lunch and rubbing his feet when he gets home shouldn't be worth a multimillion dollar meal ticket.
Overvaluing her worth. Dude is worth 10 million. She ain't helping anything grow. She's truly a liability.
Don’t marry, don’t cohabitate . Her saying “ you love the money , more than her” is a 🚩right there. She’s already thinking of your money. Don’t do it!
No, its not a red flag. If he doesnt trust her he should not marry her.
@@delaslight there’s a level of trust but smart to leave a margin of doubt. The “what if” variable. You would be a fool and lying to yourself if you didn’t
She shouldn’t marry a guy who expects they will divorce 🚩
@@LoantakaBrookyup
He didn't get where he is by listening to people who cannot do what he has done.
Signing a prenup is a true test for love and loyalty for both parties. You do not want to sign a prenup, making any form of excuse is a big giant red billboard of don't marry this person.
Simple test: run home and tell her you’ve realized your calling in life as a zookeeper and you’ve sold the business and given everything to charity and gauge her reaction.
🤣🤣🤣🤣🤣
Why should she marry crazy/stupid? At that point, it's she who dodged the bullet. That's funny, but Not a useful test...
I have seen so many men build a business get married and then his wife decides nah I want to be with chad and they have to get divorced and he loses half or more of what he built up.
This is asinine to even think about marriage without a prenup.
Chad Thundercock has destroyed many a marriage.
It's not usually for Chad they just quit
No man should be getting married, unless they leave the country and move overseas if they want a family.
Tyrone has BBC ! Destroyer of marriage! Hypergamy is real gentlemen!
You're not listening to Dave. Marry but protect yourself. Marry to protect your family.
When she tried to gas light him by saying "you just care about your money more than me".. I would look her straight in the eye and say.. "It sounds like you want to marry my money not me".. That's why honestly it would be hard for me to marry someone if I had a bunch of money first because there are too many gold diggers out there.
It's better not to let anyone know but that is hard today
I 100% agree with Dave on this one. Get the prenup and adjust down the road if needed.
The writing is on the wall. She is considerably younger than he is, he has a lot of money and she knows this. She gives him a hard time about a prenup and gaslight him saying he loves his money more than her. This woman is a whole red flag.
A prenup has no relevance during a marriage.
It only matters during a divorce.
So unless she plans on divorcing him, the penup should not bother her at all.
She’s a red banner 😂
@@AlexPerazaTV Well said!
Definitely, dump her.
@@AlexPerazaTV unless he plans on divorcing her then it shouldnt matter to him.. he is worried that when he is cheating with the 19 year old at work and she is done with him, she takes him to the cleaners.
I personally would not get married with that level of assets. I would definitly turn it into an LLC and have it pay a regular income. Becsuse if anything goes wrong, even with a pre-nup, he will facing all kinds of loses.
Attorneys are smart, they love billable hours, and here lately family law judges have been finding reasons to dismiss the pre-nup during the divorce preceedings.
"We can always end the prenup later." 😂. Right... I'm sure she'll buy that nonsense.
This is one reason to marry young and you build everything together. Too many people wait 10-20 years to get married and start a family and now you have all kinds of issues to deal with.
To be fair I haven’t exactly gotten much choice in waiting or not, the women in my area are too much of a minefield and I don’t travel much so I don’t really meet outside of this area
Marrying young does have a lot of problem. Static have shown divorce happens more with couples who marry young. Plus financial problem is 3rd reasons why ppl get divorced
@@sailorsister211 Statistics are for average people. Your risk of anything is not dictated by the national average, it's based on your own decisions. So if you act like the average 18-year-old who gets married then expect the same risk of divorce.
@@sailorsister211 58 year old here, with my husband since age 17, dated for 6 years, six years married before kids and now 34 years married tomorrow. Both have careers and raised children together as equals. Living proof statistics only matter in the abstract and that they are not always correct.
never sign a contract that incentivises one party to break it. PERIOD. This is the world we live in today and unless divorce laws change, this will apply.
Explain?
Facts! There is zero upside for a man to get married. He has little to gain, but a house and several hundreds to thousands of dollars a month to lose whenever the woman gets bored and decides she wants Chad.
You hit the nail right on the head with this one. Whether they’re traditional women, modern women, it doesn’t matter they have nothing to lose and all to gain.
@@DevHazy how can this need explanation? Okay, lets assume you are serious and you honestly do not understand.
The caller is calling from a communal property state, Texas, one of ten communal property states in the USA.
A marriage is a legal contract. You may say its about “LOVE” but you would be wrong. In the USA, the government has placed legal consequences into the legal contract called marriage. The federal government has left it up to the states to define the terms of the contract. Some states are communal law, some common law, and I’d need to check but I believe some US territories have different definitions. These words have significant legal differences.
Communal property state = the moment you marry, all assets and liabilities are 100% owned by the union, not 50/50, but 100. There is no his vs hers, its all theirs, unless a pre-existing contract dictates otherwise. Even if a pre-existing contract exists, better make sure it was written by a good lawyer, because many courts have tossed out prenup agreements due to legal process error. For example, in some states, each party must have an independent lawyer or the prenup can be declared void.
Broken down, if a $1 Million dollar loan was owned by one person pre-wedding, now $1 Million is owed in total by the union. If a divorce occurs, each does not owe $500,000, it means the broken union still owes $1 Million and any assets, his or hers, are fair game to collect the $1 Million. Got it so far? Because it gets even more complex. Think this through, you can marry someone with $1 million in debt, divorce, have nothing. They can go after your future income for the rest of your life until the full $1 million plus interest is paid, even when it was a preexisting loan not borrowed to you. Its not 50/50, the debt is community, so its 100% owed by the union, or former union if divorced.
Lets go the other way. One person comes into the union with $0 debt and a $10,000,000 net worth, about the situation of this caller. The other comes in with only debt, lets say a net worth of negative or -$100,000. The two get married in Texas with no prenup. The next day, the one who joined the communal marriage with the -$100,000 debt can divorce then walk away with a $4,950,000 net worth. So, this previously in debt person has a $5 million incentive to get married then break the contract via divorce.
It gets far more complex, but do you now understand how one person of the union has an incentive to break the contract?
How does it get even more complex? Just one example, in some states you can never go through a ceremony, never say “I do” never sign a marriage certificate and still become legally married. This comes into play many times, including when couples split, or one person has debt and the debtor is trying to collect from the other person of the couple. Imagine being told you are married and owe the other persons debt when you never knew you were married.
Its getting even crazier because long term couples sharing an apartment, where one has debt, can the debtor go after the roommate claiming they are legally a union? Well, thats about to be tested in California. I swear, the real world can be crazier then fiction.
It gets even crazier when one person passes without a prenup or will or marriage certificate. Its a messed up world.
@@DougAlesUSAYou sir just open my eyes eventhough I'm not from the US, but I believe it's more or less the same...
So it sounds like marriage brings more downside if the other half has debts or both has a significant difference in net worth..
If they break up my view- he leaves with what he brought into the marriage, she the same - you bring it, you leave with it.
But, what they make together in the marriage they split. And that is that.
Yeah but imagine she owns a house, I own a business. We marry. My business income pays for maintenance of the house for 10 years; new roof, new floor, kitchen remodel, whatever. So then do I get equity in the house out of the divorce? But she can't pay me equity of the house without an income, she would have to sell it. So now I get a business but she doesn't get a house.
The easiest way to lose a hard-earned fortune is to get divorced. When a marriage ends, it turns into a financial negotiation.
The spouse that never had anything to begin with , figures they can get a divorce & take half of what you worked your entire life for.
You saying that a 60+ year old woman for instance should just leave with nothing after a whole life of marriage and then a divorce to one guy?
Entire Life, No
the years you are married, yes.
Prior to marriage, Assets are placed into a sealed Trust.
@@John3.36yes
Exactly
@@John3.36 Yes, she should. She should work for a living and not be dependent like a child.
My net worth was 10 times my partners when we met. In Australia you only need to live together for 9 months and you are considered “married” in the eyes of the law. I explained to my partner that I was living with a chronic illness and did not know how long I could keep working for so I would never jeopardise my future financial security for anyone because of this. He signed a pre-nup. (We call them a financial binding agreement here). I did have to retire 8 years into our relationship and both of us support each other financially, emotionally, spiritually. Protecting yourself financially is hugely important.
Me and my wife started from the bottom and couldn't pay bills from time to time. Together 8, married 4. When we met i was at 27k (net) a year avg. to owning my own business now and making $100k my first year.
She's my partner in crime and i couldn't have built it without her being my rock. Thats the difference. Get a prenup
I agree. However, the caller doesn’t understand community property. His property will NOT be hers equally upon marriage.
@@genxx2724 That is not necessarily correct. It can become community property if he comingles it with community property.
🤨 The fact she was willing to throw the "you love your money more than me" at you and wasn't just like "I completely understand." is a huge 🚩 to me. This is why you're calling and you know this is a serious consideration for deal breaker. Trust your gut and get the prenup or end it.
The irony is that she loves his money more than she loves him, otherwise she'd have signed that in a heartbeat
💯
I totally agree. Get a prenup
Prenups have such a bad reputation. Most prenups are actually really good for both sides.
Dave’s co host clearly disagrees but doesn’t wanna ruffle his feathers😂
She did - she questioned him.
Cause dave would initiate a work divorce and send her packing lol. And of course there's no female that's gonna say get a pre nup lol
@@fauxbro1983 No, he wouldn't. They work great together.
I think she thought that Dave is going to say what they accumulate after marriage its joint, but Dave is having none of that period.
@@jimroscovius her body language had A LOT more to say than what she did
Sir, this is a huge red flag. My wife had no problem signing our prenuptial, because her main focus wasn't about the $$. I would RUN!
but your main focus was ALL about the money..
@@ASouthernBoyCanSurvive huh so if he got a car insurance was his main focus getting in an accident?
@@ASouthernBoyCanSurvive you can easily say that because you probably have no money.
@@ASouthernBoyCanSurvive Exactly!
@striperkid I'm 55..retired and typing this from the beach in Thailand... want to compare net worth statements my friend?
I'm actually shocked by Dave here. People are focusing on whether or not she helps with the direct growth of the business. I think that's irrelevant. I am a stay at home mum by agreement with my husband. That means I have given up on my earning potential to take care of our family. We are a team. When I say I dont make any money, he says, "You make what I make, imagine me managing life without you. You make it possible for me to do my job!" I don't do his job. I'm not a decision maker in that field. But I have spent the last 10 years out of the professional world because of a choice we made together. If our marriage ended suddenly, I would be 10 years short of work/skills/professional experience. It could be very difficult for me and as we made this decision together, it is certainly his responsibility as well as mine. Now, to me, none of this matters because we have ordinary finances but I wouldn't marry someone who wasnt prepared to recognise my value from the marriage onwards. I dont see how that would make me a gold digger. I wouldnt feel comfortable being married to a millionaire who didn't feel any need, or even desire, to share his wealth with me (at least from the point of marriage onwards).
A couple of things:
* she doesn’t have to be at home after they get married. She can continue working.
* their impact in their business by being a home wife is probably negligible, he can do as well hiring someone to do all the chores 24/7 and have less risks.
* If she is contributing with the business, then he can HIRE HER and COMPENSATE HER properly.
* She can benefit in their career by leveraging in the guy’s is contacts.
@@HackerNomada You're missing the point. It's so hard for men to get this. Women are doing LABOR that is uncompensated in this scenario. "She's eating off the table"?! So basically you're treating your wife like a live in maid. Not only are they doing extraordinary amounts of unpaid labor, even if it is a choice, they should be compensated financially. Imagine how many women pour hours of labor and energy into their husband's careers and then get nothing for it when he leaves them for a younger woman. It happens all the time. Women deserve better protection from our society.
@@heninthefoxhouseyou’re assuming that she is doing unpaid labor because is the tradition of our society, but she dont have to, or maybe isn’t doing it. Not all couples put the burden of shores in the wife is shoulders.
unpaid women labor is a problem. But she have already a good networth. She is working by herself. We dont know how they split home chores
@heninthefoxhouse having housing, food, clothing, utilities, transportation, and medical care covered in exchange for a choice to exit the workforce in favor of having a family is not free labor. Women who see it this way need to not marry so they can continue to focus on their careers and finances. If she doesn't view her soon to be husband as a financial incentive, signing a prenup is no issue. She will benefit from the rewards of her husband's labor while he loses time at home with his children.
great until you get divorced, then he will say you had nothing to do with going to work to earn it.
100% correct
Always remember you marry the family
You have to get along with all relatives and may have to live with them
if you're a business owner definitely get a pre-up. provided you have employees, you can be putting them at risk if your future wife decides you need to liquidate your business for her to cash out. a divorce caused the owner of the LA dodgers mlb team to sell. and just because you get a prenup doesn't mean she'll be penniless in a divorce. it's just a pre-arrangement.
I was just about to make the same comment. Business owners have to consider their business, employees, and customers. What happens if you get divorced or are in a coma for three months? A Pre-nup can protect what you've built and someone your going to marry should understand that.
Not to mention business partners, who get screwed the worst when the vindictive ex wife now owns 1/3 of the company.
Didn’t expect dave to say that. Glad he is changing his views on the world today and the modern woman. Yes remove all hope that she can just marry you leave for any reason and take half of your wealth. That gives her MUCH more incentive to cooperate and work through hard times. I’ll never get legally married again after going through the divorce meat grinder.
when a woman says "you love your money more than you love me" that is a manipulative statement if their ever was one with intent to shame you into allowing your emotions to control your decisions, rather than logic, in an attempt to get you to make an agreement with her that is very non-beneficial to you and very beneficial to her all at your expense. As my son gets older, he will be wealthy, and im going to teach him to keep his wits about him and to understand the manipulations of women when it comes to marriage contracts and to remain strong and stoic with decisions to safeguard pre-marital wealth. Which basically means he needs to be prepared to dump her if she tries to shame him into cancelling a pre-nup. More than likely what she will do is she will be even more attracted to him because he proved himself to be a strong decision maker which women do find that more attractive.
Yeah she's gaslighting him.
Manipulations of women? That's chauvinistic. Men gold dig also. And sum Women pay all the bills. I do. 😡
@@oceanside88 Well you chosen him. Unless he has a gun to your head blame the person in the mirror. Take accountability. 97% of all spousal support ever paid has been paid from men to women. Numbers stall the story.
@@oceanside88 Don't bother going back and forward with a stranger like this because in his eyes men will always be right and women are only for sex and babies and not to be loved nor liked.
@@oceanside88
The data doesn't lie. Mostly it's men who have to pay women when divorce happens. It's rarely women who have to pay men.
If you (as a woman) are paying for everything in your relationship, then that means you chose a BUM. You made the choice to be with a man who is happy with you paying for everything. That's your own fault. Blame yourself and no one else for the decisions you make in life.
If she’s married and participates in the business then she’s a married partner without benefits…HOW WRONG IS THAT!…Only he has the income…totally not ok!😱 Prenup the 7 million is fair! 🚨If you’re the fiancé reading this PLEASE DONT AGREE TO THAT! Go to a premarital councilor before you marry! And if the caller is reading this Please reconsider carefully, unless she’s so much younger and considered too attractive for you then reconsider marriage
And how demeaning for Ramsey to call his wife a hillbilly mind!
Always sign a prenup, that's my opinion. It shows that you do love that person. I've always struggled financially no matter how hard I work due to health issues. Prenups protect and benefit both parties if the terms are fair.
I do agree with prenups, but children need to be considered and security for her if it ends in 20 years.
Investments into a business for her to maintain an income or an amount of money written in if she gives up her career to raise children.
Prenups are meant to protect both people.
I think I like the lady's approach. Whatever you made before marriage stays yours. But anything either of you earns while you're married belongs to both of you together. If you still think that person is only with you for money then you shouldn't marry me in the first place.
IMO, neither the wife nor husband gets to say my money is my money if they earned it during marriage
Yeah good luck getting her to believe that a prenup is in her best interest.
In Canada she would be entitled to the growth after the date of marriage. Which I think makes sense.
Great disincentive to not grow your business any further!
@@peters.6343😂😂😂
I'm not a lawyer, but my understanding is that pre-nups cannot be too one-sided and that judges have discretion in how much of the agreement to hold up.
Best thing this guy can do (from what I've read) for the caller and his fiance to each have a lawyer, so the fiancee can have her interests protected.
Best solution is no marriage license and living in a non common law state
There have been plenty of cases where the situation has flipped too. He loses his business and goes broke while wife then inherits millions from her family and now the situation is reversed. Pre-nups are supposed to protect both sides.
You're right, most states have several reasons a pre-nup can be voided by a judge, including both parties not having their own attorneys.
Every prenup is one-sided. That’s the entire point of the prenup. It’s arguing about how much one person is going to get fleeced
@@ryanlowe509Maybe he is not an an atheist and doesn't have those lower morals?
If I really loved the guy, I would not care for one second if I got any of the money he had made before he married me; I would only care to be with him for the rest of my life. All that talk that he loves his money more than he loves her sounds fishy. By all means, he should not marry her without a prenup agreement.
It’s a tough thing for the woman to grasp because the concept of not being automatically foisted into ownership of a 14m dollar business for the simple fact of “speaking into it” and “being married” is so foreign to her. Women and their sense of entitlement scare me
Pre nups are so easy to break. Once you transmute the funds, use any of it for the common benefit, it’s destroyed. I only drafted them for the less wealthy partner because I knew I could break it. Before the marriage, put some in an irrevocable trust for your kids etc.
Why bother getting married?? The fact that he wants a prenups clearly shows that he is aware of the risks involved. So why go through with it??....smh
If i could give this woman any advice it's to make sure this pre-nup works both ways. NEVER agree to be a SAHM and do not give up your career. Keep working, contribute a predetermined proportional amount to the family budget (so he can't claim she is freeloading) and bank the rest. If she helps run the company, insist on being on the payroll same as any other employee. This is particularly important if you are going to have kids. That way later when he decides he wants his 22 year old secretary instead of his fortysomething wife, he can't dump her on the streets with not a penny to her name.
This is terrible advice
@@TheMainMan364 please explain
@@TheMainMan364 this is an excellent advice for the woman. I could care less about his money but i have to take care of me too!
You’re a selfish woman. If she didn’t have a penny to begin with, she isnt magically entitled to his money. You chose to be a sahm, so live with your choices.
This is why women shouldn't vote.
Big red flag for me: She said he likes the money more than her. This could be an exaggeration on what she said, he could have made her feel that way by what he said, or she could be a gold digging drama queen. Either way I think this seriously needs addressed before anyone signs anything.
Sounds like gaslighting to me. She probably loves his money more than she loves him.
BTW, the value of a business can change overnight. It's valuable to you, but it's not worth 7 mill until you've sold it for that price or higher.
Because even the two nicest people can wind up divorcing, or future kids may muddle things up, it can be smart to separate the business from other assets. The business must be able to function as a separate entity no matter what. A prenup and legal (re)structuring of the business could address that. And if there are kids from prior relationships, their interests should be protected legally.
But. It's not a good marriage if you as the only wealthy party hold all the cards, and you want her to just take it on faith that you'll never ever use your financial advantage against her. Trust goes two ways. There has to be some kind of power parity in a marriage.
Please realize that she's taking a risk by marrying you, too. Especially if you think she should take charge of your home and social life so you can keep building your business, or you expect her to drop out of the workforce to raise kids. I'd hire her an excellent attorney to educate both of you on how to backstop her ability to support herself independently. That's what you want for both of you, right? Maybe you buy a nice house and put it in trust with her as sole beneficiary. Maybe you commit to a large monthly payment into her retirement fund. Whatever. She shouldn't have to take a vow of poverty while devoting to you her best working and childbearing years, just to prove something to you.
And if the business stays yours-only so that she must rely on herself to build her own wealth, you'd better be supporting your wife's career path. Plan to hire household help so she can finish her degrees and work long hours. It's not fair to ask her to sacrifice her own financial security for the benefit of your personal business and investments.
I agree both parties should be okay with prenups. It’s protection for both parties in the mist of conflict. If she has helped him build in anyway her contribution should not be disregarded or ignored and vice versa. The prenup should consider domestic situations that would leave either party w/o financial stability if split occurs etc.
Women are so obsessed with taking the man's money. look how the lady that's next to Dave changes the moment he mentions doing prenup on the value and future value of the business.
First to leave if business fails
lol she can't hold back her own instincts
He could always marry a woman who is also a busy owner. But I'm betting his fiance is gorgeous and feminine. Men are so OBESSED WITH LOOKS AND FREE ASS!!!
I did very well in the real estate crash and I just got a marriage proposal Saturday night.
But of course when it's a man gold digging it's true love. He couldn't possibly want me for my rental real estate and debt free lifestyle.
@@anniealexander9616 👍
A prenup is not about the wealthy loving their money more than their fiancee.
It's about the less wealthy fiancee loving the wealthy partner's money more.
The "love con" is one of the oldest ways to acquire another person's "pot of gold" -- and it's old because it works.
A prenup has no relevance during a marriage.
It only matters during a divorce.
So unless she plans on divorcing him, the penup should not bother her at all.
@@AlexPerazaTV 👏
@@AlexPerazaTV Liar, if he divorces her she would get their money. Either could divorce leaving her with little.
@@KS-cl8br But she came with little and he came with alot. Why does having sex with him give her permission to leave with alot?
@@AlexPerazaTV You're talking like all prenups are the same. They can be as different as flavors of ice cream.
The only prenup that I would agree to is one that states it only is in effect if the marriage ends in divorce sooner than 5 years. This would provide protection from a gold digger. It's absolutely not OK for Dave to leave it open ended and at the whim of the husband. Also in NC the spouse is legally entitled to share in all appreciation accrued after the marriage.
having a prenup expire is what's known as a sunset clause. Bad idea. All it does is incentivize for her to file for divorce x amount of years down the line
It sounds like all he wants to do with the prenup is to protect the business. If he does that, anything that he takes out of the business as his salary is still shared. The alternative is an "everything I brought into the marriage stays mine," which is a lot more troublesome and not what Dave is implying.
Wrap it in latex or she'll get your paychecks
I think sharing in the income and wealth generation from the point when they get married, minus the ownership of the business, is a good plan
That’s exactly what community property, the law in his state of Texas, provides, if it’s his efforts that generate income from his business and increase in its value. Each spouse’s efforts belong to the marriage (community).
@@genxx2724 thanks, I didn't know the rules of Texas. Does that exclude property that was owned before the relationship/marraige?
@@thecurrentmoment Yes. Property owned before the marriage remains that spouse’s separate property. Inheritances one spouse receives during the marriage are also separate property.
It makes a lot of sense, doesn’t it? As I said elsewhere, this is Spanish law by way of Mexico.
If she truly loves you, she will respect it and sign the prenup. She didn’t help build it and so I would.
I don’t think Jade really agrees with Dave on this issue lol She didn’t want to publicly disagree with the boss though
Yea, she brought up money. You need a prenup for your prenup, clauses for children, everything. Protect yourself!!!
I definitely get where Jade is coming from. It gets a bit more complicated if she helps build the business and increases the revenue. But she could be without anything if they happen to end their marriage. So anything the wife does that helps contribute she may never get anything from that. That's really something to think about before getting married.
So what if she gets nothing? She isn’t entitled to his money period
The seed is already planted. He was a millionaire before they met. Be a good wife and support your husband. 6:40
@dcg590 what if she stays home with the kids and sacrifices her career to support his career.... then she might feel entitled to something atleast.
@@coolkidvt01 If one spouse doesn't work for 10 years why should we call that sacrificing a career for the spouse's career. Why don't we call it the working spouse subsidized the unemployment of the other spouse? You got 10 years without having to work, is there no value in that at all?
With this type of pre-nup, a man has no financial incentive to stay married. He may support his wife and “share” during marriage, but it is all on his terms. He can’t even truthfully vow the traditional marriage vow of, “With all my earthly goods, I bestow you” because he knows, the minute he gets tired of his wife or someone younger and sexier comes along, he can dump his wife and walk away with all his wealth.
I’ve known women who, all starry-eyed, signed pre-nups like that because “oh, we will love each other forever and I want the whole world to know I’m not after his money”, and then they had to deal with the in-laws constantly reminding them, “If you don’t do exactly what our son and we say, he will walk away and leave you with nothing.” And then the mil is telling her son stuff like, “You could do better than her,” “I liked your old girlfriend much better”, “Your wife doesn’t keep the house as clean as I do”, “She’s not pretty enough”, and even, “We are not leaving you a penny until you dump her.”
“Just walk away” can become awfully tempting to men.
There is no shortage of quality women for good men. Drop this one and another will come your way naturally that will fill the role better.
If she's concerned about the prenup than maybe it's the other way around and she loves his money more than him.
It certainly is that way with 90%+ of women. Look at any dating profile and count the number of times women mention "must be financially stable".
@hello77779 It's all about context with that one. I don't disagree that women want a guy who makes money, but I knew when I was single and used to say that, it was because I had plenty going on and I wasn't going be taking care of a permanently unemployed man like a little baby lol. I was looking for a like minded man with a similar background.
One thing I know female suitors don't like are ultimatums and prenups. I agree the dude should get some kind of structured prenups being worth that much.
Suitors are males.
I like this except I would structure the prenup this way. Ownership of the business upon marriage is 50/50. However, I would put a clause in that so long as the value of the business exceeds 7 million upon termination of the marriage, he automatically buys her out using other assets from the marriage worth that value. So example if the value upon divorce is 8 million, he would buy out her half for 1 million dollars worth of assets. That keeps everything largely equal in terms of where they were when they came into the relationship
When my mother retired she bought herself a nice little house on an idyllic island and for the next 18months she had visitors stay every weekend; friends and family members she hadn't seen or had contact for years!
On a very basic level she isnt qualified to own a business of that level. I would make the pre-nup for them to share everything as a typical couple, but he owns 100% of the business.
As normal in usa, the voman I SAHM for the kids and run the familie whe he is running the business. When divorced she will not get anything cause of the prenup that's the business is his. What about her work for the whole family doesn't it count ??
@@wenchefauske6898 I think she certainly has a right as a couple to share the profits, but as for ownership of the whole business she has no place.
He can avoid all of this by not getting married!
Huge red flag, “you love your money more than me”
Uhh yea… being with 10mil is hard. A girl being pretty and saying yes to a wedding is not hard at all.
Yeah if he is questioning all this then it isn’t a good sign
@@ugabuga1361 so should he never be with a woman again? Or should he remain rich and just use women when ever he wants and toss them to the side because he’s rich lol he’ll end up getting a random woman pregnant and paying her half anyway 😂
Of course the woman in the room would say, well what if the business grows because of her and she gets nothing. She’s not bringing 10 million dollars to the table to begin with so that cancels out what if . It’s alot easier to make money when you have money. It sounds like she already has a problem with the prenup so I’d say he better think real hard before he marries her because there is going to be issues
Yup.
I avoided marriage and single mothers since high school and only knew mostly women with their own wealth through the years.
My girlfriend has her wealth,home,investments,savings, etc. in Italy and I have mine.
Met her on a Dubai/Paris flight in 2001 and together ever since.
No kids.
Money is never an argument or issue.
My sisters laugh because some of their female friends don’t like our relationship at all and say we are cheating the system.
Call yo brag !!!🎉😂😂
😊😊A friend got a prenup that says she gets 4 dogs. His side says she takes care of them.
I think both of them should see a counselor before they decide to get married. Both started out by focusing on their net worth more than their love. This could lead to ongoing conflict in their future. He should offer her some security in case his heart changes.
Wtf is a counselor supposed to say? They don't have 10 mil.
@@ballerz1 you got a lot to learn.
Dave’s usual advice of not getting a prenup is based off of the quality of women available when he was dating… It’s drastically different now.
I disagree. While there are always differences in generations, humans tend to behave the same regardless of generation, era, and geography. Statistically speaking, you will mostly find women of your same caliber and quality as a human being.
@@richardlazarus1738 We found the simp!
@@Chris-os5zd that’s the neat part, I never have. I met my wife in a chemistry class. I know not everyone takes chemistry but it may be beneficial to go fishing where the good fish are, not necessarily in the bottom of the societal barrel (e.g. dating apps)
FACTS! It's a new era!
@@Chris-os5zd Neither are the so called men…they’re looking for something else too
Goodluck explaining that to her or anyone in general. "This helps her" Nah it helps you.
All income from the business after marriage should be split. All money sitting in the company should be his and he continues to own and protect his company. But if he takes out 300k from the company each year that is owned 50/50
An alternative to a pre-nup is to transfer most all of your property into a trust. He should really do both a pre-nup and this.
That's exactly what I did, thanks to my dad!
If he has to ask, he's marrying the wrong person😔
In actual reality it's impossible to know the person so well that you can tell whether or not a prenup is needed.
And then he cheats and she gets nothing...hmmm. Nope, sorry Dave. For me, it is for better or worse, richer or poorer.
His fiancee said "you love your money more than me" when he brought up the prenup. This is a HUGE red flag, not only of her intentions with the money, but her maturity, communication skills and mental health. What a horrible thing to say to the man you supposedly love. Why would she ever marry a man she truly thought this about? My point is she doesn't actually believe this; it was a statement meant to manipulate him, and I bet this is not the first time she's said something like this to control his behavior. Not only would I definitely get a prenup if the marriage went ahead, I would postpone the wedding indefinitely. Time will reveal who she really is.
He loses half his assets is she leaves. She loses nothing if he leaves. That's why prenups matter. People want to pretend like "he leaves her with nothing". Yeah but she came in with nothing, so shes NOT losing anything. You don't seem to feel bad that she leaves him with nothing and even 50% poorer, do you? Exactly. Fake empathy. She isn't left with nothing, she is left with EVERYTHING she brought and LOSES absolutely nothing.
You've worked hard to build your business: GET THE PRENUP!!!
EDIT: all you people that advised this gentleman against getting a prenup, you should be ashamed of yourself!
Why does this lady think that the wife should aquire some business ownership. How does that make sense?
I am surprised in Dave’s advice about this. In marriage you become one. Everything belongs to both people.
Of course you would say that as a woman because you have everything to gain if a divorce happens. Imagine if you had spent years building up a $10 million net worth and your husband decides to leave for whatever reason he wants and takes half of it, even though he didn’t help earn it. How would that make you feel?
Until they get divorced.
I have receipts.
Im a woman and this is ridiculous. If I married a wealthy man, I am not entitled to half his stuff. Whatever I contribute to during the marriage, even if I stay home and support him being able to earn, I am entitled to half of that amount.
That sounds like a great deal… for the person bringing in substantially less.
If the woman got a lawyer no lawyer in their right mind would let her sign that or be liable for malpractice. Most prenups have some kind of basis schedule and contributions made by the spouse to a business would enable her to part of that business growth, in fact regardless of prenup in Texas she is probably eligible to get assets that have grown post marriage.
It’s simple folks, don’t get married…
Of course she thinks that getting a prenup means he loves his money more than her LOL. But if he loses the coin flip and gets divorced, she doesn't love him anymore so now she has no reason NOT to take him to the cleaners and get her bag and run.
Yea i mean the only unfortunate thing would be if she ends up being a great wife and helps him grow that business. Only for him to turn out to be a sh***y husband and leave her with nothing lol
That won't happen, because he laid out in the video that she will be entitled to so much after every anniversary.
@@pep590 yea but Dave told him not to do that... I'm just saying it's always a possibility in this type of scenario
Why are we even talking about this? It is his business, period.
Disagree. By all means protect with what you have going into a marriage. Once there share everything, otherwise pay her for the work she does taking care of the home, kids and your homelife. I rate that extremely high for a busy guy.
If you’re gonna marry someone that makes nothing and you make millions it’s on you for your choice the good and the bad. This is a guy that was attracted to a server or something and she was attracted to a wealthy guy. You both just need to admit it
Exactly, this is why extremely wealthy people usually marries other extremely wealthy people.
Her disliking the idea of a prenup is a red flag. She's either naive and doesn't comprehend the reality of divorce settlements or is malicious and wants his money.
If you need a prenup, DO NOT GET MARRIED. Nobody will go back and remove parts of the prenup.
Spouses get whacked over hundred thousand insurance policys. Fourteen million? You keep that seperate.
If you have to ask….you know the answer….
Here is some financial advice. If you have a question about the engine in a car ask a mechanic not a race car driver. If you have a question about family law ask a family lawyer, not a talk radio host. A prenup has far broader function than protecting your wealth.
You are negotiating the terms of the dissolution of the partnership in the event that happens while you are as in love as you will ever be. If you can’t have a hard discussion rationally like two adults that understand the value of planning for unfavorable conditions, you probably should get married. Over 50% of marriage ends in divorce. It is an unfortunate statistic and sad but that is the world we live in. Not making a plan for that is foolish, just like not making a plan for your money is foolish.
Just like any other financial deal.
Check your statistics.
THIS IS SO WRONGGG. WHY should she have to you consultant/business partner and have to dicusss your business plans with you throughout the marriage if she isn’t also going to profit off of her OWN advise!?! what the hell!? Ramsey this is so WRONG.
If the tables were turned, there is no doubt that she would require a prenup. There's a reason Tiger Woods' ex-wife never got remarried.
Getting remarried cuts off alimony.
His ex wife's family is also stinkin rich. Did you know that?
Money is everything.
Yes sir and who ever tells you money doesn't buy happiness are full of it .
@@LuisLopez-nk7fj
Nothing says money buys happiness like those Christmas and Valentine day jewelry commercials and ads.
Or so they think.
Yea the reason the business went from 7mil to 14mil is because I cook you a few dinners and cleaned the kitchen. Let’s be real here.
Yeah, that reason is ridiculous. You can hire a maid and a meal prep company. Cooking and cleaning doesn't make a business grow 😂
You're better with the pre-nup. It's alot easier to get another fiancé with 10 million dollars than one with 2 million after she takes you
She said that he loves his money more than her....UMMMMMM EXACTLY!!!!! id love my money more to bc if she leaves his ass then she's gonna love that check coming in. Women who say that BS is the type u want to stat away from. This guy shouldnt marry her.
No question you should get the prenup
I'm more concerned that the guest said his fiancee said that he cares more about money than her. That is extremely manipulative language, unless there are further context clues about why she said that, the statement on its own is a red flag.
I think the guest should:
1. Get the prenup.
2. Give her a ownership share of the business after a certain number of years of marriage. For example, after 5 years of marriage allot her 5% ownership, after 10 years of marriage an additional 5%, 20 years of marriage additional 10% etc.
This is to show she has executive ownership over a business she is also responsible for helping to grow.
He shouldnt necessarily give her a schedule of ownership based on number of years married, otherwise when the going gets tough and the schedule says 35% after 25 years of marriage, she might just leave when the percentage amount is higher, which isnt a great incentive.
Still business ownership is fair.
Even if she contributed to the growth of the business, there wouldn't be a business if he hadn't started it and turned it into a 7 million dollar enterprise. The benefit of her contribution is that she gets to enjoy the lifestyle of couples who own a business with a growth of 7 million dollars or more. The same would apply if she were the business owner.
NOPPPEEEEEEEE. Wrong. Companies do mergers and acquired all the time. And not every merger or acquisitions successful. Therefore, if this couple MERGES and the business grows in value or goes through IPO and goes public, and SHE IS ADVISING HIM. SHE DESERVES HER FAIR SHAREE. PERIOD. Fk a lifestyle. Is that gonna pay for her retirement?????
Is a first class ticket gonna pay for her retirement plan?
A company being acquired doesn't automatically merit receiving half of the parent company's total value; they are typically bought out based on agreed-upon terms. In this particular case, the compensation received represents 100% of her lifestyle, right from day one, without any prior contributions. Her situation is more analogous to that of an exceptional employee who joined the company, played a pivotal role in its growth, and then departed, asserting a claim to half of the company's value simply due to their past contributions.@@melissacharles8410
Women file for divorce over 80% of the time.
Over 60% of marriages end in divorce
The laws are set up to destroy a man after a divorce
If you come in as a man with wealth you absolutely need a prenup
Women doesn't divorce just because, usually it's distress, finances, infidelity, dishonesty, etc. Men aren't perfect.
@@bamafencer12 Actually, many do. There are also a lot of home wrecker ladies out there because they can pull it off. Re-look at the stats posted above as those speak for themselves.
@@JustinCase780 I agree but aren't you going to acknowledge that men makes mistakes too? My father for example did jack all while married to my mom. He didn't help out at all.
@@bamafencer12 Re-look the stats above. Yes, of course and your situation sucked but that isn't the majority of scenerios.
@@JustinCase780 Try asking normal everyday women if their husbands help out. Oh wait you rather read some red pill nonsense on the web.
A lot of people insulted by prenups in the comments. Lady on the show the other day wanted a prenup to protect her stuff even when her fiancé had more assets and few offended ladies. Welcome to America
You answered your own question when you called in. DAHHHHH