On today's episode, we're joined by Aaron Thomas, Founder of Prenups.com and author of The Prenup Prescription, to discuss the role a prenup can play in supporting your marriage. After defining what a prenup actually is, Aaron shares some of the things a prenup can accomplish during three stages of marriage:
- Before - disclosure of assets and debts
- During - how bank accounts will be structured
- "The Contingency Plan" - dividing assets as you wish and not how your state decides
We also discuss how a prenup can help couples avoid arguments around each partner's discretionary spending, and how it can protect a partner who steps out of the workforce to care for children.
Aaron even shares some of the terms of his own prenuptial agreement with his wife, which includes a provision for marriage counseling. Finally, we talk about how and when to bring up a prenup to your partner, the process for drafting one, and the associated costs.
**Bonus for Practically Married listeners**
Want to learn more about prenups? Visit Prenups.com/PracticallyMarried to take advantage of this special offer for our listeners:
- Free copy of the e-book: 7 Steps to a Marriage Saving Prenup
- 30 minute video tutorial explaining all of the most common options you can include in your prenup
- 30 minute zoom call with a premarital finance specialist to help you brainstorm how to best customize your financial relationship with your spouse.
All of this for the reduced price of $99.00!
If you like what you heard...
- Follow Practically Married with Paula Holt on your favorite podcast platform to get every episode!
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- Follow @getpracticallymarried on Instagram to tell us about your experiences using the strategies you hear on the show!
Edited by Veronica Gruba
Music by Sage Holt-Hall
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