June 11, 2011

Prenups

If you must get married, please, please, get a prenup! I know, I know, when you meet the right person, and everything feels so right, and you’re in love, you don’t want to spoil it by… blah blah blah. Look, no one believes when they get married that they’ll end up divorced. But it happens. A lot. And when it does, it’s not going to be any fun.

Just ask Arnold Schwarzenegger. Apparently the dude is worth a lot of money, and for some reason, in our society, that means his soon-to-be ex-wife Maria Shriver (how about a new rule that if you don’t change your name, you don’t get half?) is going to be entitled to a bunch of it. How much? No one really knows. Oooh how exciting for her!

Now doesn't Arnie feel stupid? Maybe things were different years ago when he tied the knot.  But these days, for less than the price of a first date, you can be well on your way to a legally binding agreement. Or if you don't have a couple of twamps to spare, just download Bill Murray's prenup for free.
Obviously, once you educate yourself on the basics and draft a legal document, you'll need to get a real lawyer to take a look at it and that'll cost a bit more. But a few grand in legal fees is a small price to pay compared to what might happen if you roll out naked.

Even with his rock-solid prenup, Murray still had to shell out $7 mil, two homes, custody of his 4 kids, and an undisclosed amount of child support (not to mention his Bushwood membership). However, I think it’s pretty safe to assume that he got off easy compared to what might have happened if he hadn’t had a prenup.  After all, the divorce was relatively quick and painless, and the $7 figure had been agreed to in the prenup, indicating that it was chump change to a decades-long A-lister like Murray.

So the moral of the story: Get a prenup! Have the conversation! Do it!