Why A Prenup Is The Best Thing You Can Do For Your Marriage

Sdílet
Vložit
  • čas přidán 10. 06. 2024
  • In this video, Patrick Bet-David reveals the best thing you can do for your marriage and why all couples should get a prenup.
    Subscribe for weekly videos bit.ly/2aPEwD4
    Download the free PDF from Valuetainment here: valuetainment.com/you-need-a-...
    Recommended Video:
    15 Things To Know Before Dating an Entrepreneur: • 15 Things To Know Befo...
    Private Coaching from Patrick Bet-David - Apply Now:
    1 On 1 Mentorship: bit.ly/2ow0mEO
    Monthly 90-Minute Webinar: bit.ly/2PxF30R
    Keynote Request: bit.ly/2ZXaUfI
    To reach the Valuetainment team you can email: info@valuetainment.com
    #valuetainment #patrickbetdavid

Komentáře • 1,1K

  • @epicon6
    @epicon6 Před rokem +656

    A week after i proposed to my girlfriend she told me:
    "Marriage is based on trust, so you wanting a prenup means you don't trust me. Marriage partners should be equal"
    I replied: "Give me one good reason why should i sign an agreement that can only benefit you and can only be damaging to me in the event of a divorce. Marriage is between two people and it's in no way a given that both will feel the same way decades or just years from now."
    She got mad enough that i got suspicious she cared more about money than me, and even though she then said a prenup is ok, i decided not to tie the knot too soon, and it didn't take long when i started to notice a change in her behavior whenever we talked about money so i left her and not long after that i found a great girl and we have been happily married for 8 years.. With a prenup.

    • @Reshme77
      @Reshme77 Před rokem +32

      Good work 👏

    • @Andrembramwell
      @Andrembramwell Před rokem +30

      well played

    • @costamarques3900
      @costamarques3900 Před rokem +15

      Excellent video. Respectfully 41% of first marriages end up in divorce and majority of those 59% are your grand-parents and parents that stayed together. The statistics are way way worst than that. Between 2007 to 2017 only 6% of those that married in 2007 (regardless of first second or third marriages) were still married 10 years later. That is 1 in 16. Uncle Sam hide these numbers since they are catastrophic with number games like 1st 2nd and 3rd marriages comparison...bla bla since the population is aging rapidly and the real numbers can be fixed that way. People dont have the slightest idea until they socialize a lot and notice that majority f the people are divorced at least once. You get married today and your chance to be divorced within the first 10 years is 94%...based on the 2007 to 2017 date...but interestingly Uncle Sam stated that divorce rate became worst with covid...so go figure. He should mention that prenups can be challenged and cancelled in many states upon the divorce by the other side lawyer.

    • @epicon6
      @epicon6 Před rokem +9

      @@costamarques3900 I live in Japan and i meet with my lawyer every 5 years or so because in Japan prenups needs to get updated at intervals.

    • @costamarques3900
      @costamarques3900 Před rokem +4

      @@epicon6 interesting, there are lot of countries have lot of different laws regarding prenups and marriages.

  • @Agentxphile
    @Agentxphile Před rokem +632

    After 17 years, my wife who is the love of my life, had to leave due to mental health. I couldn't do it anymore. And our pre-nup saved me. She never worked. I made a fortune working hard. built multiple companies. Thanks to that prenup, the ball is in MY court. Listen to PBD gents!

    • @mat_leo
      @mat_leo Před rokem +34

      king move!

    • @DanyPell
      @DanyPell Před rokem +46

      Do you have kids? Did she go through a pregnancy and kid-care-taking in which a professional career becomes distant? If so, she went through all of that, with you going on with your life without sacrifices? You are now in a way better position than her at divorce-time.

    • @DJKosm1kuniverse
      @DJKosm1kuniverse Před rokem +1

      Could u teach me how to be a nillionaire

    • @SarahR2D2
      @SarahR2D2 Před rokem +68

      In sickness and in health.....

    • @6alisk
      @6alisk Před rokem +31

      🎉 I’m glad for you. Don’t let the losers below in the comments shame you. When women divorce men all the time and talk half their money.

  • @traywaters1575
    @traywaters1575 Před rokem +266

    I truly believe there’s nothing wrong with a prenup in a healthy marriage. If nothing happens with the couple, then it’s literally not gonna change anything.

    • @jasonolinger7585
      @jasonolinger7585 Před rokem +2

      what about tax benefits?

    • @nostalgia9992
      @nostalgia9992 Před rokem

      @@jasonolinger7585 you get tax benefits, prenup protects you from other party to legally steal from you.
      Nowadays prenups gets thrown away so marriage is a horrible deal

    • @alceratops6853
      @alceratops6853 Před rokem +8

      Exactly! Prenup is a contigency plan

  • @capitalistwire
    @capitalistwire Před rokem +793

    I’m a Christian and married a young girl from my church in LA when I was 23 (& pastoring a church there). 13 years later, people change over time, she shocked me with a nasty divorce. She’s a dedicated Christian with blogs and videos talking all the typical super-Christian “anti-divorce” narratives… but funny how people act when things get stressful. They never tell you on your wedding day: “I just want you to know, when things are stressful down the road, I’m going to become the most irrational person you know, come after your money, & screw the kids”. Lol
    Prenup is the only logical way to go now a days. Remember, marriage is sadly a business investment to most woman - it’s a “come up quick” arrangement to many.
    Remember: 80% of divorce are started by woman, but 90% of the monthly payments paid out go from the man to the woman.
    Another great option that has gotten popular is to just not get married with the state and only in your church. Most states have “dual dwelling” laws now so you still get the tax benefits. Ask a lawyer but it’s really becoming popular.

    • @shockingdashcamcrashes5271
      @shockingdashcamcrashes5271 Před rokem +8

      Boom!

    • @ihavetubes
      @ihavetubes Před rokem +25

      Matthew 6:19-21
      “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also.

    • @csn10
      @csn10 Před rokem

      Prenups are never upheld in Canadian courts and I suspect US courts find many ways to invalidate them as well. Correct me if I'm wrong, but prenups provide nothing more than a false sense of security and are promoted to fool the higher income earner. Courts and lawyers always want their take. It's so corrupt, I immediately lose faith in anyone that promotes marriage knowing full well the result is certain lifelong servitude. I still like PBD, but my advice is: don't marry, don't cohabitate. At the very least, talk to 20 people in your jurisdiction that have been through divorce etc. and can speak freely and honestly before you make any lifechanging decisions.

    • @csn10
      @csn10 Před rokem +35

      So many women go to church to find their lottery ticket. It was never about marriage. Divorce is often the goal. If you want to know the intent, look at the results.

    • @capitalistwire
      @capitalistwire Před rokem +14

      @@csn10 Some good points for sure man. In the US, this varies by state but overall prenups are not 100% bulletproof but they do show intent, draw a lot more clarity in the relationship as it starts, and courts usually strongly consider them. Its a contractual agreement and it does carry some weight for sure in a lot of states.
      And believe it or not, all the ones I've ever seen (maybe 7 or 8) were originated by the higher income earner who's trying to protect themselves should the other person become a gold digger later on.

  • @TaoSkateboarding
    @TaoSkateboarding Před rokem +353

    A wise man once said, “If you’re good enough friends to not need a contract, you’re good enough friends to make a contract…”

    • @fulol
      @fulol Před rokem +1

      😂 a wise man once also said there's an invisible man in the sky that answers all prayers and millions followed him simply cuz they believed he was a saint when he was nothing more than a conman. Centuries later the same meaningless teachings are used to DupeThe masses. Case in point Kenneth Copeland lives on 8 million dollar tax free estate and now owns a private luxury jet. This mf makes millions and lives a lavish life Bernie madoff could only dream of. In fact he's not the only one operating this type of racket. A wise man once said if it seems too good to be true chances are it is. Marriage kids and family is fkn stupid meaningless waste of time. Humanity truly is a parasitic cancer on earth. The planet needs less of us not more and since marriage and family is mainly there for the purpose of insuring successful breeding it serves nothing else except survival of the human species. It's infinitely easier to fk a whore or jerk off and go to sleep than waste time raising kids only to find out the kid became a school shooter, Hitler, Stalin, Ted Bundy,Jeffrey dahmer, a crooked judge corrupt politician etc. Fk that! Not to mention the constant screaming arguing and fighting that goes on in the house while kids grow. who needs all that stupid aggravation? F prenups f marriage n f kids! I ain't sharing f all with anyone except me 😌

    • @6alisk
      @6alisk Před rokem +4

      Exactly

    • @robwisniewski7490
      @robwisniewski7490 Před rokem

      That's some bullshit right there. The whole point of a contract is that you are not friends when it comes to a business partnership. So why do you need a marriage contract. Taxes, children, etc. Not because your friends. But because it's a business arrangement with liability concerns. Marriage is an archaic institution. In reality, anything that fails half the time is typically considered unreliable.

    • @TaoSkateboarding
      @TaoSkateboarding Před rokem +2

      @@robwisniewski7490 Hey I don't make the news, I just report it...😅

    • @apples874
      @apples874 Před rokem

      czcams.com/video/Zx6xJ4rx3ls/video.html

  • @stevenjohnsrud4655
    @stevenjohnsrud4655 Před rokem +51

    I asked my now wife of 8 years to sing a prenup before we marred. She asked why we needed it. I told her 100% of all of our previous romantic relationships for both her and I did not work out over time. So, with both of us failing 100% of the time we need to understand it's possible to fail again. She singed and we marred. In 8 years, she has never even said a bad word to me and we have not had any fights. She has her responsibilities and I have mine and we work together against the world instead of each other. I don't know if it would be the same without the prenup. Its so easy to quit on marriage in the modern world.

    • @TheJacali
      @TheJacali Před 8 měsíci +4

      Dude that’s trippy. It’s like the prenup has become the marriage.

  • @1satisfiedmind
    @1satisfiedmind Před rokem +254

    This was good. I always hated when I heard about prenuptial. Then I got divorced after 30 years. Luckily my divorce was very reasonable. I kept the house, she got the furniture. I kept one car, she got one car. I kept my 401k, but took the debt. She walked away with the furniture, a car, debt free, and I kept the house and a car. Last year I sold my house, my ex was my realtor, I cleared over 150k, she got a nice commission. It was funny. Now, I live in another state, in a house, on landi inherited. All debts paid off, 2 cars, 2 motorcycles, and trying to meet a woman. I keep meeting women who are in debt, with kids who are " my world" and a prenuptial makes total sense...that or staying single

    • @mctransportation9831
      @mctransportation9831 Před rokem +41

      Just date these women and cut them loose when they push for marriage. You know they'd never marry you if the financial situations were reversed.

    • @ladybit553
      @ladybit553 Před rokem +7

      Right hand is a good option too. 😂

    • @Biscuits645
      @Biscuits645 Před rokem

      Stay away from single mothers, they can't add to what you have and it sounds like things are good.

    • @arsenioseslpodcast3143
      @arsenioseslpodcast3143 Před rokem

      you haven't learned...trying to meet another woman, in that fucking horrific country?

    • @DrANashADay
      @DrANashADay Před rokem +28

      Get a prenup. Do not compromise. You went through this before.

  • @BabyYoda5555
    @BabyYoda5555 Před rokem +141

    Remember when filing for a prenup make sure you BOTH have independent legal representation. Make sure that it is signed at least 2 months before you get married. It doesn’t matter how “IronClad” your prenup is, your former spouse can sue to have it thrown out and claim it was either signed under duress OR that they were mislead about the implications of the agreement. You would be surprised how many former partners end up winning and having the prenup thrown out or have the terms renegotiated.

    • @macsc5497
      @macsc5497 Před 10 měsíci +9

      It will not be thrown out if the contract is signed at least 3 months beforehand and both lawyers (that are self appointed) are present at the signing and also sign the contract themselves

    • @BabyYoda5555
      @BabyYoda5555 Před 10 měsíci

      @@macsc5497 that sums up what I said pretty nicely.

  • @ritad.franklin6372
    @ritad.franklin6372 Před rokem +151

    I'M SMILING. ATTORNEYS IN THE CHAT ARE PROTESTING. SEEMS TO ME PAT HAD SOME VERY CLEAR UNDERSTANDING ABOUT LAWYERS!

    • @silver2zilver
      @silver2zilver Před rokem

      Pat the kinda guy to tell ppl to get a prenuptial but not have one

    • @puppetmaster706
      @puppetmaster706 Před rokem +5

      Why would attorney’s be angry? You’re suggesting they’re angry the way you formulated your post. The lawyers are protesting bc they’re advertising to get new clients. Stop using Newspeak and saying the opposite of what you mean.

    • @EveningGoDs
      @EveningGoDs Před rokem +1

      👀👀👀👀👀 I respect Pat but he should stick to what he knows, a prenups is bait for the ignorant

    • @rockon8174
      @rockon8174 Před rokem +5

      @@EveningGoDs 🙄🙄🙄

    • @broadcast_mode950
      @broadcast_mode950 Před rokem

      @@EveningGoDs what's d no.1 cause of d is m

  • @tawanu
    @tawanu Před rokem +51

    Got me self a prenup. Best decision I ever made. Our marriage is stronger and not held up artificially on the pretext of what I own.

  • @Jesplux
    @Jesplux Před rokem +106

    Also agreeing to having paternity tests right after a child is born, no emotions involved

    • @ChimpOnComputer
      @ChimpOnComputer Před rokem +31

      Sounds like a bad relationship straight up just hearing to have to do that lmao

    • @delaslight
      @delaslight Před rokem +6

      Accusing someone of cheating?! Well, we know who will end up divorced.

    • @franke102
      @franke102 Před rokem +1

      Hahahahaha

    • @lbeschrich
      @lbeschrich Před rokem

      This is absolutely ridiculous! 😂 don't agree to that before you get married. Red flags 🚩

    • @krishankaushik2400
      @krishankaushik2400 Před rokem

      Paternity tests to be mandatory.

  • @joelb360
    @joelb360 Před rokem +121

    The debt part is huge! Marrying into debt sounds absolutely awful, stressful, and unfair.

    • @Ban00
      @Ban00 Před rokem +5

      It's not unfair if you knowingly jump into it like use your brains for once

    • @darbyohara
      @darbyohara Před rokem +7

      Don’t marry women in debt (other than if she owns a home)

    • @TheJacali
      @TheJacali Před 8 měsíci

      I won’t marry a woman with debt period. Won’t even date them.

  • @itshimhim2837
    @itshimhim2837 Před rokem +72

    YOURE RIGHT!! … cause.. she doesn’t love you, just the situation.

    • @jasonkoroma4323
      @jasonkoroma4323 Před rokem

      Yes, you only exist as a utility for a women, therefore, her love is only conditional

    • @extremepsyche3135
      @extremepsyche3135 Před rokem +2

      It works both ways - male-female relationships are based on conditional love.

    • @Likeaworm
      @Likeaworm Před rokem

      Fucked up but true lol

    • @thepoeticbutcher3370
      @thepoeticbutcher3370 Před rokem

      …..she loves that ring..

  • @dankdigital4058
    @dankdigital4058 Před rokem +55

    I fully agree 💯. When I was a kid my father had full custody. Mom passed away young. My father became an alcoholic remarried two times before I moved out. Each time they ended in divorce and I as the kid lost everything. Today I would have hundreds of thousands of dollars worth of collectible coins and collectible cards and those were just something I held near and dear that were taken. Never understood how my father could let that happen however I have let it go till you reminded me Pat

    • @Norm475
      @Norm475 Před rokem

      Some men are as addicted to pu$$y, just as some men are addicted to Heroin or Crack Cocaine. In the end, I think the drugs will be cheaper.

    • @maryrankin9869
      @maryrankin9869 Před 6 měsíci

      Low level woman

  • @jilliansimpson9698
    @jilliansimpson9698 Před rokem +47

    I am absolutely for prenuptial agreement. Bring it on.

    • @justinwilliamson6355
      @justinwilliamson6355 Před 4 měsíci

      You only feel that way, because you know they get thrown out, by the Judge.

    • @lemonade_ib
      @lemonade_ib Před 2 měsíci +3

      ​@@justinwilliamson6355they get thrown in the event the woman says she was pressured into signing it, but if it's signed infront of a doctor and attorney, and there's a video recording to prove she's alright, it cannot be thrown out.

  • @niloticnya
    @niloticnya Před rokem +25

    i’m a single young woman and i think that it can be helpful for many couples, especially now that women are able to own property, use credit, etc. it protects both parties & also gives time to answer necessary questions beforehand

    • @ElePranaityte
      @ElePranaityte Před 4 měsíci +2

      Yeah. You see how much debt your man has and drop him right there!

  • @DialogDontArgue
    @DialogDontArgue Před rokem +76

    "Holla, We want prenup! We want prenup!" (Yeah!) It's somethin' that you need to have 'Cause when she leave yo' ass, she gon' leave with half"
    Kanye and Jamie Foxx

    • @Yumicpcake
      @Yumicpcake Před rokem +4

      Lol, that depends on state laws on divorce. For example: Illinois divorce laws say that division of assets would be 50/50 but it only includes assets acquired within the marriage. So if you have ownership of properties prior to that marriage, they are not subject to the division of assets.

    • @tamirajohnellestyle
      @tamirajohnellestyle Před rokem

      There are Men who do the same thing. Mary J. Blige’s husband is giving her hell like he’s entitled to so much of her earnings.

    • @DialogDontArgue
      @DialogDontArgue Před rokem +1

      "18 years,18 years, she have one of your kids got you for 18 years". Lol

  • @cris-in-tokyo
    @cris-in-tokyo Před rokem +11

    41% get divorced. 20% get separated without divorcing, 15% continue living together miserably, 15% get stuck in a boring marriage, 8% continue living together out of convenience, and only 1% get a happy marriage till death do them part. Chances are you're not gonna be that 1%.

  • @McRuffin
    @McRuffin Před rokem +61

    I told myself a long time ago I wouldn’t marry a girl that is not ok with me getting a prenup. I’m 23 now. I don’t care who she is. Seen so many men personally get screwed. Take Pat’s advice. Great vid Pat, thanks!

    • @arkarmoethouk2445
      @arkarmoethouk2445 Před rokem +5

      Turning 30 later this year. I have the exact same thought and still single, still going foward.
      Cheers!

  • @TadanoCandy
    @TadanoCandy Před 11 měsíci +10

    When my bf and I get married, we've agreed we'll get a prenup. I have my income, he has his income, and both of us are the sole heirs to our parents' inheritance. We're equals. That is what a prenup is for, imo: to make sure we have an equal marriage in which divorce doesn't benefit one side over the other.

  • @jeffbacon7406
    @jeffbacon7406 Před rokem +15

    Divorce lawyers will hate this video!! You are the man PBD!! 😎 💯

  • @fernandon5113
    @fernandon5113 Před rokem +5

    As a young man in todays times, I am grateful for the content you create. Thank you for addressing these topics. You are who men with integrity and self respect can follow.

  • @MrKyleCline
    @MrKyleCline Před rokem +20

    Facts, glad to see a video on this. I work in wealth management and this is one of the most under looked things with newly married or young couples

  • @anshdeshwal7004
    @anshdeshwal7004 Před rokem +3

    I just want to say sir you're one of the very youtubers who always stands with truth and doesn't manipulate their audience....thanks from the bottom of my heart

  • @dondinero13
    @dondinero13 Před rokem +3

    Great video pat. Thank you for all you do!!

  • @stephane1623
    @stephane1623 Před rokem +3

    Great advice as always.

  • @davidc7182
    @davidc7182 Před rokem +1

    Fantastic video! Thank you for your insights and advice.

  • @samsunglg6671
    @samsunglg6671 Před rokem +6

    The insurance and prenup analogy is a great angle to stand on in case of disagreements down the line ✊🙏

  • @Vince0M1
    @Vince0M1 Před rokem +7

    This is so true. I never thought of it this way but it makes alot of sense. I always imagined prenups were needed only by very rich people but now I see it differently. Good topic.

  • @greekgod2444
    @greekgod2444 Před rokem +4

    Thanks for the life lessons 🙏

  • @nanaz10
    @nanaz10 Před rokem +2

    Patric, thank you for all your videos I really learned a lot from you. You have mentioned many times “Iran” and your care about Iranian people which is very much admirable. I wish you put out a video and your point of view about what is happening in Iran, especially women in Iran right now.
    Thank you.

  • @user-vn6ol1jn9l
    @user-vn6ol1jn9l Před rokem +2

    Excellent advice, bravo 👏

  • @TonyMoze
    @TonyMoze Před rokem +10

    I love this Patrick

  • @sd04dave1
    @sd04dave1 Před rokem +7

    Known about prenups for years, but I hadn't considered updating a prenup. Great video as always, thanks!

  • @morgankeelan6920
    @morgankeelan6920 Před rokem +2

    I love your relationship advice. Thank you

  • @MsFishingdog
    @MsFishingdog Před rokem +1

    Great video. Thanks for the info.

  • @JoyceMartincream
    @JoyceMartincream Před rokem +3

    This was so educational.
    Would like to know your thoughts on Wills & Trusts
    Thank you 🙂

  • @Cormac2023
    @Cormac2023 Před rokem +9

    I agree 100%, because I was one of those idealistic and naive fools who were against Prenups and I learned a brutal lesson.
    And, a lot of women these days are telling men who have children from a prior marriage to choose between them UP FRONT, like a preemptive strike. They don't want any issues that'll detract from them getting your full attention and support for HER and HER kids. So, good luck if you pass on a Prenup.

  • @bradj229
    @bradj229 Před rokem +1

    Thanks for this video Pat. Men around the world are thanking you for helping bring this necessity to the masses, especially the Red Pill audience who's been leading the charge.

  • @rocobinaco1
    @rocobinaco1 Před rokem +2

    WOW Patrick once again powerful and very important information that we rarely learn until it’s too late but these are things that we can teach our children and the thought behind it and how you present it to your future partner is so logical and yet kind and a very palatable way to approach this very delicate subject. You had my full attention right from where you started speaking about the yours, mine and our checking accounts. Also how you handle the part of step children. I had a beautiful relationship destroyed by a step child once. As always your subject matter on every subject you approach is very informative and interesting and very applicable.
    Thanks again for the great and usable advice.

  • @Belovelyava
    @Belovelyava Před rokem +19

    Yes! I ask for one in my 2nd marriage. I didn’t want drama from adult children if anything were to happen to him. I felt it showed that I truly loved him and didn’t want his money/life insurance lol. Plus the children feel taken care of.

    • @who_is_dis
      @who_is_dis Před rokem +1

      LOL Prenups are thrown out in court all the time. Women still get all the benefits of divorce, especially if they have children.

    • @blackl1steddrums
      @blackl1steddrums Před rokem +3

      That’s why you’re a keeper :)

    • @poisonapple146
      @poisonapple146 Před rokem

      If anything catastrophic were to happen to your spouse health wise will you be the primary caregiver, or will the adult children willing and able to carry most of the weight? My feeling is a spouse who is a primary caregiver you are entitled to compensation for their labor.

    • @Belovelyava
      @Belovelyava Před rokem +1

      @@poisonapple146 Having a pre-nip in place doesn’t mean a spouse isn’t entitled. Just means they get what’s “owed”to them and others can’t stop it.

  • @agentdoubleo7636
    @agentdoubleo7636 Před rokem +7

    1. Keep your finances separate
    A prenup defines whether the assets you own like your house or car are separate property of one spouse or part of the marital estate.
    If you’re considerably wealthier than your partner, a prenup is a good step towards ensuring that your partner isn’t marrying you for your money.
    If you earn more than your partner, then a prenup can be used to limit the amount of alimony payable in the event of a divorce.
    If you own a business, a spouse can claim a portion of your business’ increase in value or income. Divorce is one of the biggest threats to the stability of your business, so get that squared away in your prenuptial agreement.
    2. Establish property rights and distribution
    Your state’s laws dictate how the property obtained during your marriage is distributed upon divorce. In the nine states with community property laws, assets will typically be divided between the two parties in an equal split. Under equitable distribution state law, marital property is split in a manner that is considered fair when taking a number of factors into account, such as each partner’s financial contribution to the marriage and their subsequent needs post-divorce.
    Some couples might want to avoid having to leave the disposition of their assets up to the courts. With a prenup, you have an agreement already in writing, on what to do with your home and personal property, made long before this potentially contentious period when an agreement might seem impossible. Your prenup can also stipulate the distribution of your property and even life insurance benefits upon the death of one of the partners.
    3. Protect one spouse from the other spouses’ debt
    Debt is an unfortunate reality of life, and people are bringing their debt into marriage along with furniture and family. That debt isn’t necessarily evenly allocated between the partners, and should there be a divorce, the less-burdened partner doesn’t want to have to pay off creditors, should they target shared marital assets for repayment.
    A prenup can help to limit one partner’s exposure to the other’s debt in the case of divorce. Any agreement should outline the separate debts of each partner going into the marriage as well as individual assets; that allows for a clear division between those debts and debts accrued by the couple during the course of the marriage.
    4. Protect your family property and estate plan
    You may have an heirloom or property that you want to ensure stays within the family in the case of divorce. Having a prenup in place to keep any cherished items separate and apart from your communal marital assets ensures that the fate of your familial property isn’t left up to the court system or state laws.
    A prenup can also address any questions of inheritance and ensure that your estate plan is carried out according to your wishes, in conjunction with a will and living trust.
    5. Protect your assets in the event of remarriage
    Should you decide to get remarried after your divorce, you’ll be faced with a new set of challenges and complications when it comes to determining how to protect your family as well as your property. A second marriage includes all the complications that already come with combining separate lives and adds the possibility of children, child support, and additional assets to be accounted for.
    A prenup for a second or (subsequent) marriage should address all of the concerns of an initial marriage as well as addressing concerns arising from obligations from the previous marriage. It can also spell out the distribution of assets in the case of death of one of the partners, to ensure that person’s children get any intended inheritance - again, in conjunction with a will or living trust.
    6. Avoid extensive court proceedings in the event of divorce
    A divorce is a painful enough process as is, made even more so by a long, drawn-out and expensive legal process that can cost on average $15,000 per person. And trying to come to an agreement on divvying up your assets and property when your negative feelings towards your former partner are at their highest is challenging on the best day.
    A prenup signed ahead of your marriage will at least alleviate some of the headache of fighting over your assets and make the process somewhat smoother, if not easier.
    7. Openly communicate and prepare yourself for the possibility of divorce
    No one wants to enter marriage thinking about the possibility of its failure, but given the oft-cited divorce rates, it’s a reality impossible to ignore. Having that difficult conversation with your partner before you get married about the potential for divorce and finances, allows you to be open and honest with one another, and prepares you for the difficult conversations that are required in any marriage.
    When you’re prepared for the possibility that your marriage could end in divorce, you’re being emotionally realistic. You’re also being open with your partner about your financial status, needs and concerns as you enter marriage.

  • @m.maizer3087
    @m.maizer3087 Před rokem

    All respect and love, I love you videos on finance and awareness.

  • @maryrankin9869
    @maryrankin9869 Před 6 měsíci

    Great video Pat. Loved that you mentioned marriage is very very hard. You said it man.

  • @ArtByHazel
    @ArtByHazel Před rokem +6

    I agree with you Pat.
    Having a prenup is a great idea/insurance for everyone’s peace. ❤️

  • @chriscristah9178
    @chriscristah9178 Před rokem +6

    Great content!!! We didn’t have a Prenup but we DID set up Bank Accounts exactly as you said.
    Only thing we needed to do after we got married was make each other beneficiaries on Accounts.
    AND also add each other to Business Accounts in case of death (since they don’t have beneficiaries).
    🌟💡🌟Do you have a video about “end of life” planning???
    As an experienced wife of an Entrepreneur, I wanted my future husband to continue having his freedom and also NO arguments. My wisdom and his willingness worked 💞😇🙏🏽 exactly as you say here.
    Plus, I wanted to know when we were dating that he was truly in love with me and not what I have (my property as you said). As my home was the newer and nicer home. His home was trashed from cats, dogs, etc. Absolutely gross!!! But we agreed after we got married that we both put money into repairs and fixing it up. WE enjoy working together.
    Truly better together!!!! 💞
    You’re right!!! We’d inspire each other in business and our businesses grew more and more from being together. He even turned me into an Entrepreneur when I was simply comfortable managing other businesses. Forever changed for the better. So grateful.
    My love language is words and gifts... I love to surprise my man with vacations too so I saw it as a win-win keeping my own account. He saw where I was coming from and agreed.
    When the movie “War Room” came out... I said, “Look! This is what I protected our marriage from. Loving life together with peace in our home, lots of laughter and are free to truly enjoy each other without this stress and arguing over finances.”

  • @JayBlackAfro
    @JayBlackAfro Před rokem

    Thanks for all the details.

  • @SirJosephLopez
    @SirJosephLopez Před rokem

    Great video Pat!

  • @Ryanswers
    @Ryanswers Před rokem +29

    My dad died exactly 1 year to when his life insurance went into effect.
    Insurance denied my claim to it.
    I’m not a fan of the ethics behind life insurance.

    • @shoopinc
      @shoopinc Před rokem +1

      Then go in the industry and do it better if you think you can.

    • @distantforest2481
      @distantforest2481 Před rokem +9

      TBH just put the money into long term stocks and forget about it. Just set a recurring payment like you would an insurance. Instead of putting thousands of dollars into insurance and fighting just to get a claim if something happens, put it into stocks and you'll have up to hundreds of thousands of dollars that you can fairly easily pull out in emergencies.
      There's a reason why insurance companies and their sales people get so rich.

    • @user-go2xi7zq5q
      @user-go2xi7zq5q Před rokem

      @@distantforest2481 Smart idea. I’mma do that

  • @Steenkin
    @Steenkin Před rokem +9

    Diplomatically well done Patrick. However I definitely think a kay point you neglected to mention is that the lawyers of both parties should look at the prenup before its signed off. The reason being so that it can never be said that either party signed it under duress, which can get the prenup completely thrown out in many states.
    Another factor that should be included in all prenups is mandatory paternity testing with significant penalty clauses if they don't come out clean.

  • @ericwatkins7322
    @ericwatkins7322 Před rokem

    Great teaching

  • @cecimigr20
    @cecimigr20 Před rokem

    Best video ever, this is Gold..!!

  • @crooked52h
    @crooked52h Před rokem +98

    Lmfao 😂best thing to do is not incur the liability of marriage in the 1st place

    • @SherrickDuncan
      @SherrickDuncan Před rokem

      Yup. Prenups get thrown out in court at a judges discretion. There is absolutely zero reason for a Man to get legally married in 2022 and it accomplishes nothing for a Mam that he cannot accomplish without legal marriage. Period.
      And that is a fact.

    • @EveningGoDs
      @EveningGoDs Před rokem +14

      🎯

    • @legion24100
      @legion24100 Před rokem +1

      Depends on what you want really

    • @crooked52h
      @crooked52h Před rokem +12

      @@legion24100 to limit my liability as much as possible I’m personally not comfortable with a 3rd party telling me what to do with my money . Even my monthly payments to support my son were discussed between me and his mother no third party

    • @legion24100
      @legion24100 Před rokem +2

      @@crooked52h again your values and principles may not align with others...some may want to sacrifice liability for marriage... religion may play a part in that...culture as well

  • @PriestApostate
    @PriestApostate Před rokem +18

    I'm curious as to the gender of the people giving pushback against the idea of a prenup.

    • @Keepskatin
      @Keepskatin Před rokem

      The pushback are women of course, and weak Beta simp males.☝🏾

    • @solomoncooper6491
      @solomoncooper6491 Před rokem +16

      Definitely mainly women

    • @jasonkoroma4323
      @jasonkoroma4323 Před rokem +2

      Not even a surprise at this point.

    • @Thiiink
      @Thiiink Před rokem +2

      the ones that think they are special

    • @ExoticGTRX
      @ExoticGTRX Před rokem +1

      ​​​@@solomoncooper6491 we call those kinds of women "Jezebel's" sir lol

  • @cathy4246
    @cathy4246 Před rokem

    Excellent advice.

  • @dorin6732
    @dorin6732 Před rokem

    Very interesting perspective!
    Thanks for the video Pat!

  • @edwin5419
    @edwin5419 Před rokem +69

    Prenup isn't enforceable in a number of places. Best to check that before dealing with the tension caused by pushing for a prenup

    • @randysavage1
      @randysavage1 Před rokem +67

      If she doesn't want to sign a piece of paper saying she's not it for the money. Then she's disloyal and using you...

    • @edwin5419
      @edwin5419 Před rokem +25

      @@randysavage1 that's the spirit

    • @abrakadabra2790
      @abrakadabra2790 Před rokem +4

      Easy way to filter out red flags but underutilised

    • @SFbayArea94121
      @SFbayArea94121 Před rokem

      @@edwin5419 😂 nah, it’s just the truth, but sorry it hurt your feelings that people love using others SOLELY for their OWN and only their own benefits

    • @dra6osh
      @dra6osh Před rokem

      Outside US yes. But they are valid in most US states, right?

  • @Gettothepoint_
    @Gettothepoint_ Před rokem +3

    Rollo tomassi did a great video of this last week it’s a bit long but rather be informed than Ignorant

  • @thesocialistareviews3153

    The best explanation on a prenup and the details !!

  • @nickolasberkeley2659
    @nickolasberkeley2659 Před rokem

    Nice video thanks you made alot of thing easy

  • @mrssclarkie5474
    @mrssclarkie5474 Před rokem +11

    We had a relationship agreement prior to marriage. That was my idea so he knew my intentions where pure....and just a bit of peace mind for him that I didn't want his things I wanted him. We also have a pre nup. It's generous to me and will change the longer we are married. I pay half of almost everything. Even though he earns 5 to five times more. But that's just me. I love to contribute financially...makes me feel good... Fingers crossed we always love each other but this is second time around for us both. Pays to be careful. I recommend EVERYONE get a pre nup so many men get screwed over and it's not fair. Especially when they had wayy more when the relationship started. Anyways that's just my feelings and thoughts.

  • @TheMikeD428
    @TheMikeD428 Před rokem +11

    Great video Pat - very logical and convincing argument to get a prenup! You’ve hit the nail on its head!
    It’s interesting to read the opinions on not getting a prenup. Yes, a prenup is a legal contract, and when done correctly with competent legal counsel, it is very clear and holds weight in court (if you live in the right state).
    What else is a legal contract? Marriage. Marriage is a very poorly executed and ambiguous legal contract, which allows family law attorneys to manipulate their clients into fighting until one party is zeroed out.
    A prenup (and postnup) serve to correct a terrible and unconscionable contract. Most anyone who has been through the family law system understands the gravity of these concepts.
    The solution - prenup, or just avoid marriage altogether. (This includes “common law marriage” - check your state laws, and use a cohabitation agreement if necessary, or just do not move in together.)

  • @rachellferrer4177
    @rachellferrer4177 Před rokem +1

    Hi Sir Patrick it’s always nice to hear from you thank you. Request please about corporate culture,We are all learning a lot here in our house.

  • @aytoonz35
    @aytoonz35 Před rokem

    Really valuable 👍🏽💯

  • @kaym.h.3583
    @kaym.h.3583 Před rokem +41

    Prenuptial is much like a marriage - just a piece of paper 📜 it all lies within yourself, your values and your character

    • @davebrooks2942
      @davebrooks2942 Před rokem +2

      Absolutely 100%

    • @shapshooter7769
      @shapshooter7769 Před rokem +3

      But it is socially enforced...

    • @TrevinoOrtiz
      @TrevinoOrtiz Před rokem

      Exactly my point
      If you are not a Christian marriage is just a piece of paper to people. It’s a whole concept people don’t understand outside of Christianity

    • @MX-CO
      @MX-CO Před rokem

      Better than nothing

    • @mambofuego5101
      @mambofuego5101 Před rokem +9

      Nope. Divorce is a retirement plan for too many women…Better get that paper… or hit the road.

  • @daayemshehzad
    @daayemshehzad Před rokem +6

    My old man always tells me,
    "Daayem, if you wanna know and predict what a woman will be like as your wife 5, 10, 20, 30 years down the road, look at what her mother is like as a person and as a wife. That's exactly how your woman will treat you if/when she's your wife."

  • @Karlostorres1994
    @Karlostorres1994 Před měsícem

    Mr. Patrick, you are Amazing!!!! Thanks..

  • @pablopotato5967
    @pablopotato5967 Před rokem

    Great video

  • @jcnlaw
    @jcnlaw Před rokem +18

    Experienced divorce lawyer here. I love the video and you creating awareness about the value of prenuptial agreements. However, prenups are complicated documents. I draft them and also have them set aside if they are defective. Prenup laws vary widely from jurisdiction to jurisdiction. Speak with an experienced family law attorney in your jurisdiction BEFORE making any wedding plans or ordering wedding invitations! PBD - I’d be happy to discuss the intricacies of prenuptial agreements with you on your CZcams channel. I have posted many prenup related videos on my own CZcams channel. Keep up the great work!

    • @jbevolve2023
      @jbevolve2023 Před rokem

      loved the insight, thanks for sharing....still won't ever get married tho :)

    • @arsenioseslpodcast3143
      @arsenioseslpodcast3143 Před rokem +1

      I can give a fuck how complicated they are. Get it done!!!!

    • @Sixer88
      @Sixer88 Před rokem

      💯💯💯

  • @daniel_najar
    @daniel_najar Před rokem +4

    Half way through your video and I’m more scared than ever to get married lol

  • @vildanb8038
    @vildanb8038 Před rokem

    Thank you !!!

  • @chaisso
    @chaisso Před rokem +1

    Love the T-shirt. Where can I get one? Great advice by the way, should teach this at school 👍🏿

  • @nleem3361
    @nleem3361 Před rokem +7

    Women want prenupts too. I just wish there was more advice on how to go about getting one and make sure it's good and fair, and adjustable like if a spouse's health deteriorates or if one spouse works for the other spouse's company instead of working at their normal job which stops them from growing their retirement account... life changes especially when you're older.

    • @Y0utubeIsFuckingHomo
      @Y0utubeIsFuckingHomo Před rokem

      Lol. Women don't need prenups, only the extreme minority of women provide for a man, and even then, it's only temporary.

    • @stephenasmith273
      @stephenasmith273 Před 5 měsíci

      A prenup being “fair” is simple, I keep all of my assets I had prior to meeting you, any debt I take on during the marriage will be in my name and vice versa

  • @BubbleOfJelly
    @BubbleOfJelly Před rokem +5

    I wouldn’t mind signing a prenup if my SO didn’t make me sound like I was greedy and was with him for his bank account. That’s what happened in my last relationship and I was offended. I brought up how that hurt me and he got upset that I was upset. He didn’t know this, and I didn’t dare tell him, but my ex before him made ten times more. He cheated on me and I never made him owe me anything. Never laid a finger on him, never cussed at him, never destroyed any of his properties. I just walked away crying.. he said my refusal to take revenge and only showed him love really killed him. He said it was “the worse breakup.” He tried coming back months later, but I didn’t take him back. When I rejected him I rejected his 7 figures, too.
    I wish my last ex knew this about my past so he’d stop suspecting that I was only dating him for his money and that’s why he thinks I should sign a prenup. I’m still offended by those words to this day.

    • @theEdbChannel
      @theEdbChannel Před rokem +2

      Your past behaviour is not a predictor of future behaviour. Yourself cannot guarantee how you will behave in the future. Hence his request for prenup may have upset your value system… but it still was an honest way to protect you two from future conflict. You put your high ego and value system up front and preferred to be outraged rather than valuing the relationship. Good for you, it showed you that your ego matters more to you than what you thought this relationship could bring to you.

    • @georgesontag2192
      @georgesontag2192 Před rokem +2

      A judge will not honor a pre nup that is completely one sided. If the rich husband says you get nothing, the judge throws it out. A prenup has to be fair for both parties. A 50 50 prenup is fair. But today, most men lose 80%.

  • @johnmartell807
    @johnmartell807 Před rokem

    After literally tearing somebody a new asshole - I have to tell you brother you are loved and right on right on the mark thank you

  • @CYBERCATXO
    @CYBERCATXO Před rokem

    Well said bro, you explained it well

  • @tamirajohnellestyle
    @tamirajohnellestyle Před rokem +30

    I like that! You can give your cousin money out of your money. It eliminates unnecessary arguments.

    • @SarahR2D2
      @SarahR2D2 Před rokem +3

      Why the he!! can't your cousin get a job? The your money my money mentality keeps you broke. Putting your heads together is the best

  • @maribethcondrillon1079
    @maribethcondrillon1079 Před rokem +4

    We have been separated for a long time, friends, almost 24 years and have been living with someone

    • @Keepskatin
      @Keepskatin Před rokem

      @Maribeth Cordon
      Adultery, own it, accept it, feel guilty, repent and change your sin. No pity, no sugar coating it.

  • @lemonade_ib
    @lemonade_ib Před 2 měsíci +2

    Advise, prenups can be rejected in courts and thrown away, but to prevent that, before it's signed a medical professional should be present and yr spouses attorney too, then a video recording should be done, to prevent yr spouse saying they were pressured in court to sign it . Also prenups cannot protect you from losing money after divorce, child support and alimony aren't protected.

  • @c130comm
    @c130comm Před rokem

    great info

  • @jinkazama2555
    @jinkazama2555 Před rokem +7

    The problem is MEN need to enforce the prenup before marriage (if they are silly enough to get married). Men get manipulated by the woomin by her saying "you dont trust me", or theyl cry like little kids and the men cave and not get it. If a woomin has a problem with a prenup, drop her, she cannot be trusted. because she can also say she was pressured into the prenup. You as the man need to be willing to walk away if that happens.

  • @dantefrancis8592
    @dantefrancis8592 Před rokem +27

    Y’all need to bring CGA on the show for a full breakdown. It’s not worth it roll the dice if you want!

    • @MarkusAudio
      @MarkusAudio Před rokem

      Yea, long overdue Coachstradamus in Valuetainment :-)

    • @extremepsyche3135
      @extremepsyche3135 Před rokem +1

      If he does, he risks CZcams shadow banning his channel.

    • @waj4ever16
      @waj4ever16 Před rokem +5

      Coach Greg Adams will break down that marriage wheel and show you how most marriages end up! He’s also funny as all get out too.

    • @ghostchipoko6929
      @ghostchipoko6929 Před rokem

      Exactly Coach Greg Adams the only one calling out the fact that the prenup isn't worth the paper it's printed on. PBD's wife could pull the plug at any time and turn his life upside down. Especially since he got married in California she'd take half easily. I love PBD but this advice is outdated.

  • @frankaiello1805
    @frankaiello1805 Před rokem

    100% brother !! Thanks

  • @LIBqueen
    @LIBqueen Před rokem

    Thank you!

  • @angelrivera1637
    @angelrivera1637 Před rokem +4

    Your logic is sound at least to me. I feel like it's not just a safety net for all parties but it's a way to get things organized so there's no confusion within marriage. If anyone honestly has an issue with at least discussing things out that should be a giant red flag.

    • @darbyohara
      @darbyohara Před rokem

      It forces both sides to talk about hard stuff. Most couples don’t

  • @georgeadcock2347
    @georgeadcock2347 Před rokem +10

    My pay check was " our" money. Her paycheck was her money.
    She bought me a birthday gift every year from " our" money. Not really a gift...

  • @Plsstopasking
    @Plsstopasking Před rokem

    you make a lot of sense pat

  • @tips4truckers252
    @tips4truckers252 Před rokem

    Great points

  • @RealJoshBinder
    @RealJoshBinder Před rokem +11

    Noone performs their best with a safety net. True with business or marriage. But if money is more important to you than your marriage then prenup makes sense. Priorities

    • @marvw4166
      @marvw4166 Před rokem +13

      Then why do we need marriage/divorce law? Isn't that also a safety net? At the hand of the government.

    • @DanyPell
      @DanyPell Před rokem

      ​@@marvw4166 When women go through pregnancy they're taking a big risk with their career -- unable to work for a while, and a setback in skills. While this happens the man is still going to work and going forward with his career. Obviously, this is not fair, so how should we make it fair? Traditionally marriage was seen as a safety net for the women, and it was kind of 'rightly so' - an aged woman has more issues finding another 'quality' husband that will give her the same situation.
      Most men are not terribly big earners and live paycheck to paycheck, so losing a few thousands is no big deal but I would agree that if a fortune was amassed, it should legally not be 50% that's given when divorcing.

  • @SoloMotivation
    @SoloMotivation Před rokem +35

    *ONE OF THE BEST QUOTES*
    “Your mind is a powerful thing. When you fill it with positive thoughts, your life will start to change” - Gautama Buddha
    Thanks For Reading
    I LOVE YOU 😘

  • @domsawyer8953
    @domsawyer8953 Před rokem

    Thank you.

  • @jacobhouston1655
    @jacobhouston1655 Před 7 měsíci

    Love this.

  • @fredbarker8726
    @fredbarker8726 Před rokem +5

    This video makes a lot of good points. When you get married you need to be all in and yes burn the boats, there is no way out other then death. Both parties have to make it work if your not 1000% committed the risk is to high for a divorce simply don't get married.

  • @acornsucks2111
    @acornsucks2111 Před rokem +2

    She got the goldmine, I got the shaft. Jerry Reed.

  • @jenny-DD
    @jenny-DD Před rokem

    This is really good 👍

  • @drjones694
    @drjones694 Před rokem

    Wow great video and explanation
    Anyone that watches The Lead Attorney CZcams channel has heard this before but this explained really well with examples and the step kids great video

  • @SamriBliss
    @SamriBliss Před rokem +3

    Yes sir! I love my partner and we eloped at a court right after we got a prenup!
    WHO wants prenups?!
    I got prenup! 😊
    EDIT: I didn’t know we can edit prenups every 5 years 😮

  • @rocobinaco1
    @rocobinaco1 Před rokem +7

    Hello again Patrick, I also liked the statement about the people that you associate with and if you want to achieve more , hang out with people who are living and performing at a higher level than yourself.

  • @mauricegoodwin8922
    @mauricegoodwin8922 Před rokem

    Thanks

  • @switz4165
    @switz4165 Před rokem

    The video quality is through the sky.