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April 29, 2025 18 mins

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Join us for a discussion about prenuptial agreements among physicians as we reveal why we ultimately decided against a prenup in our marriage.

We also reflect on a recent presentation at the Student National Medical Association conference where we educated medical students about physician income streams and financial literacy topics missing from traditional medical education.


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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
This is a delicate subject, right?
Everybody me and Renee we don'thave a prenup agreement.
I take you for all your coins.
I tried to get a prenupagreement initially on her, but
yeah, it wasn't gonna work.

Speaker 2 (00:10):
You didn't have anything me I think there's
exceptions to every rule rightWith you.
You didn't have anything.
You didn't have any assets thatwere worth protecting, so for
me it was just going to be anexercise just for the sake of
proving a point which didn'tneed to be proven, whereas if I
had someone who had somethingworth protecting let's say that
person was a millionaire thatwould help to establish the

(00:33):
trust to say I'm not marryingyou for these things.
All right, y'all.

Speaker 1 (00:38):
It's Dr Ne here I'm joined by the one, the only, dr
Renee Chair, emeritus of theStudent National Medical
Association.
What up, madam Chair, how youdoing.

Speaker 2 (00:50):
That's Madam Cher.
Remember that was my Madam.

Speaker 1 (00:54):
Cher.

Speaker 2 (00:54):
Yeah, that was my, Madam Cher yeah that was my tag
back in the day I was Madam Cher.

Speaker 1 (01:00):
I'm good Of the one and only the famous Student
National Medical Association.

Speaker 2 (01:07):
Yeah, I'm doing good, rejuvenated every time Easter
rolls around, because every weekbefore Easter or that week of
Easter the Student NationalMedical Association has its
annual medical educationconference and House of

(01:27):
Delegates convention.
So yeah, Feeling good.

Speaker 1 (01:34):
It's a big deal, guys .
I'm going to be very honestwith you.
The Student National MedicalAssociation has been around.
Since what year was it youremember better than 1960, what?

Speaker 2 (01:42):
Oh 1964.

Speaker 1 (01:43):
1964.
This is an amazing organization.
Me and Renee were part of thisorganization when we were
students and Renee continued tobe to have a very integral role
as a resident.
When she was in residency shewas still, you know, doing a lot
of the day-to-day things withinthe organization and then, even

(02:05):
as an attending, reneecontinues to have a very strong
relationship with the folks whocontinue to run the organization
, with the students who areinvolved, pre-medical students
who are trying to get intomedical school, and then, by
proxy, you know, I get involvedbecause Renee is so involved
also.
So I want to say to everyonethat I've been rejuvenated and

(02:30):
this year was a great one.
So I always say the smaller thetown or the more located town.
This year it was in St Louis,missouri.
Whenever you do conferences andyou go to a conference that's
in like Las Vegas, or you do itin New York, or you do it in Los
Angeles, or you do it inFlorida, right?
Or?

Speaker 2 (02:49):
you do it in Irvington, florida's a whole
city.

Speaker 1 (02:52):
Oh my bad.

Speaker 2 (02:53):
Miami.

Speaker 1 (02:55):
You know, when you do it in Miami or Irvington, you
know what I'm saying Ain'tnobody doing no damn conference
in Irvington.

Speaker 2 (03:00):
Nii Stop, not Irvington, no, it's an
Irvington-y.

Speaker 1 (03:04):
Stop.

Speaker 2 (03:04):
Not Irvington.
No, no, no, okay.

Speaker 1 (03:05):
Well, you know what I mean.
But when it's really glamorous,glitzy town, people out and
about they having funno-transcript when it's st louis

(03:34):
is.

Speaker 2 (03:36):
I mean st louis, I guess.
I guess st louis ain't as muchto do, right, and st louis, we
in the conference.

Speaker 1 (03:45):
We in the conference, we in the conference and we
door dashing and we gonna doordash and we gonna have fun, we
gonna have some good barbecueand that's what happened.

Speaker 2 (03:52):
Kansas City is more of our weekend.

Speaker 1 (03:55):
This year I got a chance to get involved and
piggyback off of Dr Love and hiswife Dr Uchenna.
They did a presentation calledwhat is it they talk?

Speaker 2 (04:08):
about stacking coins how to stack your coins.

Speaker 1 (04:09):
Yeah, yeah, and basically it's a talk to the
students about how doctors makemoney, right.
So we had a doctor who is anacademic physician, how she
makes money.
Dr Love was talking about howhe makes money.
I talked about how I make moneyas a locum tenens doctor.
The last doctor was talkingabout working as a private

(04:34):
practice doctor.
She's OB and this was a reallygood conversation.
Dr Love spent a lot of time.
Dr Love spent a lot of timecreating the presentation and we
talked about it a couple oftimes on the phone.
He did a great job, but, as withevery presentation at SMA, it's
all about the questions.
Yeah, it's always about thequestions.

Speaker 2 (04:54):
The students had a lot of great questions, just a
lot of great questions, really,and it just shows you that there
is such a dearth of informationin medical school that whereby
the students, you know, are justnot learning this stuff you

(05:14):
know, and then they go out, butif you think about it, there's
no time.

Speaker 1 (05:18):
There's really no time.
The way how things arejam-packed in right now, at
least in a traditional senseright, you always got to think
outside the box to get somethingdone.
So if you always think aboutthings as the priority is
learning about the human body,which frankly it is it's going
to be tough to throw in a lot ofthese things, and I think this
is where SNMA shines.
This is where whateverorganization that has like some

(05:40):
type of subspecialty feel to it,that's where they should shine,
which is being able to sprinklethese types of information.
Why would med students want tohear about this?
Now, right, why would pre-medswant to meet this?
But they all came, which meantthat they are interested.
They're really interested inlearning about this stuff.

(06:01):
They're really interested toknow like and we, we set the
barrier of how does each of usmake three hundred thousand
dollars, and I remember when Iwent up there, the first thing I
said is everybody shouldremember, should relax and know
that whether you're apediatrician or you're a
neurosurgery, you're going tomake at least three hundred
thousand dollars or have theopportunity.
Yeah, you have that potentialthree hundred thousand dollars,

(06:22):
yeah right, you have thepotential to make three hundred
thousand dollars and to me.
I felt like everybody.
I felt like everybody at leastthe students in the room were
like you know like I feel goodabout this right.
I enjoyed it.
I really enjoyed it.
I enjoyed talking to them andlike the questions we got, like,
for example, I kept some noteshere Like people were asking

(06:43):
what type of business rightShould we do LLC, what is an S
Corp?
What is a C Corp?
Like this is not us talkingabout it.
These are the students askingus back.
They asked us about prenupagreements.
I have to admit that I had totake it personal and talk about
me and you.

Speaker 2 (07:01):
I wasn't in the room at that point.
I had to leave to go to thepre-med luncheon.
But yeah, what'd you say,what'd you say?

Speaker 1 (07:09):
Well, I, this is a delicate subject, right?
This is a very delicate subjectbecause so, spoiler alert
everybody, me and renee do nothave a, we don't have a prenup
agreement I try to get a prenupagreement.
I take you for all your coins Itried to get a prenup agreement
initially on her, but uh yeah,it wasn't gonna work and you

(07:33):
didn't have anything neat.
That's the whole premise.

Speaker 2 (07:37):
Exactly, but you always stop short of that you
always stop short of that?

Speaker 1 (07:43):
No, there's not that I stopped short of it, it's I
tried to do it.
You said something I'm likeyeah, you made sense and that's
what I think.
So when a student asked thisquestion, you know I gave my
answer, which is, between me andmy wife we don't have a prenup
agreement, and there's multiplereasons why.
One is we grew up we kind ofgrew up like matured with each

(08:03):
other, right Like we went to medschool together.
We went to med school and wedidn't have anything.
You had your 1991 Nissan Stanza, I had my Volkswagen Jetta and
a lot of student loan debt andthat's it.
I didn't have a house.
I didn't have anything that Iwanted to protect.
Well, you did have a house andI think you did have a house,
but something, the key issomething that I wanted to

(08:24):
protect that I didn't love Love.
Clarify this later on.
He's like you know.
One thing to consider whenyou're getting a prenup
agreement is what exactly areyou trying to protect the most?
If you had to, if you had tosplit up and with that being
said, between me and you like Ididn't have anything- outside
worth protecting from you atthat point.

(08:45):
Right Like, for example, like,let's say, me and you met and we
decided to live in, you know,my parents' house.
Let's say, my parents, you know, gave me my house, gave me
their house, and decided to giveme the house.
And we lived it and we fixed itup.
And then it's like well, now,because we get a divorce, like
we got to go half on this or areyou going to take the house?
Like no, right, that'sdifferent, so you know.

(09:11):
So from a prenuptial agreementstandpoint, the standpoint.
The other thing too is we datedfor almost 10 years, so we got
to know each other really wellyeah really well you know you
farting, it fart, you farting inthe sleep.
I got to learn about all of that, really, you know really too
much everybody farts, everybodypoops.

Speaker 2 (09:32):
It's a good book.
An elephant makes a big poop Amouse makes a tiny poop.
I don't, I don't fart, youdon't poop either.
No I do poop, but I don't fartin my sleep.
Really Okay, that's what youthink.

Speaker 1 (09:52):
Anywho, but but.
But we got to know each otherreally well and the other thing
is we went to school and we,there was a, there was money
that was going between us.
There was a couple of timeswhere you fronted me for rent.
I just needed help with rent.
There was a couple times whereyou know I would front you for
lunch or dinner or somethinglike that.

Speaker 2 (10:10):
Yeah, we never really had I think money problems
between us, like if there wasnever a well, I paid the last
time.
Why don't you pay Like we justdidn't have?

Speaker 1 (10:20):
those discussions?

Speaker 2 (10:22):
No, there wasn't, you know, and we didn't have the
type of relationship where Ifelt like, oh well, you're the
guy, so you have to pay.
You know, we were just students.

Speaker 1 (10:32):
So, no, you never played me like that yeah.
I have to admit you neverplayed me like that.
I have to admit, you neverplayed me like that.
But there are people who are inrelationships, who you know.
They, for example, they'll.
They're in med school, like you.
I'm going to say this as women.
Right, I'm sure there are womenwho are in med school and
they're dating someone, or meetsomeone while they're in medical
school who's not a doctor orwho is not a med student, who's

(10:54):
not in the field.
Right, that's tough.
Or let's say, you're, you're anattending, you're a doctor and
you meet someone who's not in.
You know who's not in medicine,and you've already acquired so
many different things.
You have your own car, you haveyour own house.
You know, even for men, I meanI, whatever specialty you may
want to think of a physicianassistant or what have you like

(11:15):
there's a lot of things whereyou just accumulate a lot of
things on your own.
Should you sign a prenupagreement?
I don't know.
You know it's tough.
It's a hairy subject.
You want to weigh in on that?
You got anything to say aboutthat?

Speaker 2 (11:25):
I think that you know , I think the prenup.

Speaker 1 (11:31):
Here's the pause.

Speaker 2 (11:31):
I think the prenup agreement.
Listen, I like to meet peoplewhere they are right and if
someone says hey, like if I weredating somebody let's say I was
dating somebody who actuallyhad assets, had accumulated
stuff, you know things that theyfelt like were really important
to them, then I might havesigned a prenup agreement with

(11:56):
that person.

Speaker 1 (11:57):
If they brought it up ?
Yeah, if they brought it up.
Bring the mic a little bit toyour side.

Speaker 2 (12:00):
If they brought it up , I might have signed a prenup
agreement with them, right.
But for me it would have been,you know, okay, well, this is
something that actually has tobe worth protecting, right?
Like if they had, like a trustfund, right, that they got from
their parents or something, yeah, I would be like I would have

(12:20):
probably brought it up.

Speaker 1 (12:21):
I would have probably been like you might want to
protect that, because I don'twant this to be a point of
contention, right, like I don'twant this to be a point of
contention right, like I don'twant this to be a point of
contention within the family,but part of the okay, part of
things that you said in our whenyou were besides saying that we
, that I didn't own anything,part of it was saying you said

(12:44):
was look, I don't want to gointo a relationship with one leg
in, one leg out, so so you saidthat, right, okay.
So if you were to meet someonewho had a trust fund or who had
their parents' house that youguys are going to live in, why
doesn't that apply then?

Speaker 2 (13:02):
Well, because I think that there are exceptions to a
rule.
Right, I think there areexceptions to a rule and I think
that you know, essentially youhave to kind of show a sign of
trust with you.
You didn't have anything worthprotecting, so it was like, okay
, well, we're, we're doing.
You ain't have, you ain't nevergoing to have people listen to

(13:24):
this show with children.

Speaker 1 (13:27):
Beat that out, alfred , anyway, hey hey, yo shout out
to everyone who said what's upto us at the conference.
I did not know people wouldlisten.
Like right now, behind thiscamera, is this kitchen, like
this kitchenette in thisextended stay hotel?
That's who, I think, islistening.
These cups my muscle milk thecabinet, but it's shocking when

(13:52):
you have people say, hey, Ilistened to your show.

Speaker 2 (13:53):
And like you know it's just crazy, but go ahead
Wait hold on, shout out to thenew listeners, shout out, shout
out to Ghani Ali, who is at theMedical College of Wisconsin.
Alfred, I'm going to show you alittle pic of Ghani.
I want you to show it.
Uh, on this podcast here.
But, um, yeah, I was walking, Iwas walking into the marriott

(14:14):
and he was like dr renee darkoand I was like huh, and he's
like I listen to the podcast.
All the time I was like yeah,I'm gonna shout you out.
So there you go, ghani shoutedyou out, medical college of
wisconsin.
Cool, dude, cool, but anyway.

Speaker 1 (14:30):
So how do you feel like?
How do you feel with, like the,because we're going to go back
to the pre-nup, but I do want toask you, like, how does it feel
to know that I made you into acelebrity?
How do you feel about that?
Excuse?

Speaker 2 (14:43):
me, so let's go back to the pre-nup.
So let's go back to the pre-nup,because you bugging.
Go back to the pre-nup.
I think there's exceptions toevery rule.
Right, with you.
You didn't have anything, youdidn't have any assets that were
worth protecting.

(15:07):
So for me, it was just going tobe an exercise for the sake of
just doing an exercise, right,just for the sake of proving a
point which didn't need to beproven, and that was that you
didn't have anything that wasworth protecting, right?
And for me, that's where it'slike listen, I don't want to go
to this exercise with you andpretend that we each have things
that are worth protecting andthat you know this is going to

(15:31):
establish some type of trustbetween us, because it's not.
It actually, I think, is goingto be too much of a point of
contention between us because wetruly we know that we don't
actually have anything worthprotecting, whereas if I had
someone who had something worthprotecting let's say that person
was a millionaire you know thatperson had, you know, just lots

(15:52):
of stuff for me, I'm like okay,well, I think that would help
to establish the trust to sayI'm not marrying you for these
things, right, like this is notthe reason that I'm marrying you
and I understand that thesethings were in your family and
you and your family would liketo keep these things within your

(16:13):
family, right, and so, yeah, I,I probably would have brought
that up myself to say, hey,listen, let's sign a prenup, you
know, so that you can protectthese things, or your family can
feel like not so much for theperson really, more for the
family to feel like these thingsare protected, not so much even
for the person, more for thefamily to feel like these things
are protected, not so much evenfor the person, you know,

(16:34):
because usually it's the familythat gets in people's heads do
you think most women think likeyou?

Speaker 1 (16:39):
because I don't think that many women think like you
um, I don't know, but if there'swomen out there who believe who
, who are on what renee's youknow, write us in and let us
know but, I don't think thatmany women think like you yeah.

Speaker 2 (16:52):
I mean.
But you know, I mean, you knowme, you know that's something
that I would do.
I'd be like I'm not marryingyou for that.
So really, it's for the sake ofthe family to feel like the
family, you know, and especiallyif I'm the one that brings it
up, if I bring it up first, thenI think the family would really

(17:15):
then trust that yes, I ammarrying this person, because I
really just want to marry thisperson and I don't want to have
problems with my in-laws.
I don't want to have problems,you know, with my parents-in-law
, my siblings-in-law.
I don't want to have problemswith these people.
So let them just, you know,have that peace of mind that the
things that their family workedfor is protected, because if it
were my family, I would want itprotected.

(17:36):
If I were in that situation, Iwould what's good everyone.

Speaker 1 (17:41):
This is Dr Nii Yo.
This is the end of this segment.
I appreciate you for listening,but this ain't the end.
If you want more, go ahead andclick the next button on your
favorite podcast app Listen.
That's next for more banterbetween me and Dr Rene.
That's next for more topics.
That's next for more segmentsListen.
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