Prenups also account for the situation where one spouse dies before the other.
http://www.nysscpa.org/cpajournal/old/13606725.htm>>>>>>It surprised me too, but I can't say I do not know anyone that did not sign a pre-nup, even one of my best friends from high school did it.
>>>>>
>>>>>Speaking only for myself, I'd never sign a prenup whether if favoured me or not. I guess I'm a bit old fashioned, but I just can't see myself saying to a woman, "I love you. I want to spend my life with you. Please sign this because I'm not sure I really trust you." And anyone who implied the same to me would see me walking away - quick.
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>>>>I don't have a pre-nup. I was married young and it made no sense for us. Where I see it making the most sense is for people farther along in life who had already have children and family assets and so forth. Then, a pre-nup protects the interests of those (possibly adult) children in the assets of the family to which they were born.
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>>>>A pre-nup doesn't have to be only about divorce; it can about distribution of assets at death, as well.
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>>>>Tamar
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>>>I thought that's what wills are for. You mean a prenup that divides up assets among non existing descendents? Sounds a little to weird for me.
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>>Marriage confers certain property rights by default. AIUI, a pre-nup can make it clear that the default situation is not the case for this marriage.
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>>Tamar
>
>Of course, but that usually applies to the spouses. I suppose there could be terms in the prenup that define how property will be divided on their deaths, but I doubt this is common. Prenups, afaic, presuppose marriage breakup and normally describe how property will be divided on that event. And I still say that people who insist on contracts that presuppose divorce prior to their willingness to marry, should not be getting married at all.
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