Re: Pre-Nup: Terrible Idea?
Imitation,
Depends on which state you live in, but if the property is not yours, yet is in your name, I'd say you're carrying a significant liability on several fronts.
OP - prenup agreements aren't just for the uber wealthy. My wife isn't on my mortgage. We share expenses though. We didn't do a prenup, so we had to have a complicated Will that assures her share of the property is preserved should I croak before her. I forget the legal term for it, but there's a section of the document that requires us to dispose of the other's interest in the property (i.e. sell the house) if we split.
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