Prenups: What is a Prenup and What are the Pros and Cons of a Prenup?

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Today’s guest is Laurie Israel. Laurie is a national prenuptial agreement mediator, consultant, lawyer, and author of "The Generous Prenup: How to Support Your Marriage and Avoid the Pitfalls.”

For today’s show we will discuss when prenups are appropriate, when they’re not, and the damage they can cause. 

Show Notes

0:00-1:40 Introduction
1:41-4:51 Who should get a prenup and the situations that make sense for a prenup.
4:52-11:49 Who should not get a prenup.
11:50-17:59 The drawbacks of prenups.
18:00-20:56 The best process to embark on getting a prenup if you are going to get one.
20:57-25:18 The pitfalls of prenups that happen during the process once it starts.
25:19-27:03 The best way to pick a prenup attorney.
27:04-30:24 The provisions that are in “bad” prenups, the “good” or “helpful” provisions in a prenup.
30:25-31:25 Whether a prenup has to be fair.
31:26-32:15 What happens to a marriage when there’s a bad prenup.
32:16-32:54 One piece of simple and actionable advice from Laurie for considering a prenup.
32:55-34:00 Conclusion

Resources
Laurie’s website: https://www.laurieisrael.com/
Laurie’s book, The Generous Prenup https://www.laurieisrael.com/book/ 

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Chapters

• 0:00 Introduction
• 1:41 Who should get a prenup and the situations that make sense for a prenup.
• 4:52 Who should not get a prenup.
• 11:50 The drawbacks of prenups.
• 18:00 The best process to embark on getting a prenup if you are going to get one.
• 20:57 The pitfalls of prenups that happen during the process once it starts.
• 25:19 The best way to pick a prenup attorney.
• 27:04 The provisions that are in “bad” prenups, the “good” or “helpful” provisions in a prenup.
• 30:25 Whether a prenup has to be fair.
• 31:26 What happens to a marriage when there’s a bad prenup.
• 32:16 One piece of simple and actionable advice from Laurie for considering a prenup.
• 32:55 Conclusion