View Single Post
  #21  
Old 04-23-2007, 12:53 PM
gusmahler gusmahler is offline
Senior Member
 
Join Date: Jul 2005
Location: Northern California
Posts: 4,799
Default Re: Pre-Nup: Terrible Idea?

[ QUOTE ]
Ah yeah, let's pretend you're Michael Streehan here. Or someone with significant net worth.

[/ QUOTE ]

Prenups aren't just for people with significant net worth. In fact, it may be MORE important for people without significant net worth, because the property they DO have is that much more valuable to them.

E.g., if Melinda Gates gets half of Bill Gates's fortune, it'll be a huge hit in theory. But in reality, $20B is still a lot of money.

OTOH, if you're a middle class family with only three significant assets (a house and two cars), losing the house and a car seriously damages you.
Reply With Quote