Should you get a prenup?

Summary

• When Alex asked me to sign a prenup, I was open to it because I didn't want or need his money. This showed him my true intentions, and he eventually chose not to go through with it.

• I believe that if you have considerable assets and you are marrying someone without assets, it's wise to get a prenup. It's a way to protect what you've built.

• If both partners start with no assets and plan to build everything together, a prenup might not be necessary. It's about mutual growth and sharing.

• Trust is crucial; a prenup doesn't mean there's no trust. It's a safety net in case things don’t work out.

• In relationships, especially with big financial differences, it's okay to protect yourself. It shows responsibility towards your own hard work.

• While a handshake deal is ideal, it's not always practical. A prenup is a formal way to set terms based on mutual respect and understanding.

• If I were ever to enter a new marriage after losing Alex, I would definitely ensure financial agreements are in place to maintain clarity.

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How To Take Action

I suggest first considering what assets you and your partner bring into your relationship. If there’s a big difference in assets, a prenup can be a wise choice. It protects the hard work and resources you’ve accumulated. This approach shows responsibility, not a lack of trust. Trust is still fundamental, but having a safety net protects both parties if things don’t go as planned.

For business partnerships or collaborations, think about setting terms in writing, similar to a prenup. It’s about respect and clear expectations from the start, ensuring everyone is on the same page.

If you're starting a business with a partner, and both of you are contributing equally with minimal assets, a formal agreement might not be necessary. Focus on mutual growth and sharing. However, always discuss and agree on how you’ll build and share assets as the business or relationship grows.

For personal growth, practice transparency and clarity in all relationships. Being open about finances can deepen trust and understanding. Practice making decisions with integrity, knowing it's not about the money but about mutual respect and accountability.

Always think ahead. Even if you hope for the best, plan for the worst. This doesn’t mean you lack trust; it’s a way to protect what you work hard to build and to honor the contributions of everyone involved.