Do We Have a Prenup?
Summary
- Consider if you'd be content with your partner owning half of your assets when deciding if a prenup is necessary.
- In my and Alex's case, we initially didn't have a prenup due to specific stock situations.
- Communication is key; Alex and I have discussed and agreed that splitting everything 50/50 works for us.
- The 50/50 split is straightforward for us since we both contribute equally to our work and ownership.
Video
How To Take Action
A good way of doing things is to start with honest talks. Sit down with your partner and chat about money stuff, kind of like Alex and me. Ask yourself if you're okay sharing half of what you have with them. If you feel good about it, maybe a prenup isn't needed right away.
But remember, everybody's different. If you own a business or have things like stocks, and aren't sure about sharing it all, it's super important to think about a prenup. It's like a safety plan for your stuff!
Now, if you decide together that going halfsies is cool, that can make things simpler. It works for us because we both put the same amount of work into our business and what we own. So, agreeing to split everything 50/50 feels fair.
Here's what you should do:
- Have a chill talk with your partner about how you both feel about money and sharing.
- Think about the things you own – like your business or other assets.
- Ask if you'd be happy to share half of it with your partner. Yes? Maybe you're good. No? Time to dig into that prenup idea.
- If you're both on the same page, like we are, and you've built your stuff together, then share away!
By keeping things straightforward and talking lots, you'll know what's best for you and your partner. That's what matters most!
Quotes by Leila Hormozi
"Would you be happy for this person to have half of your [assets]"
– Leila Hormozi
"If the answer is yes, then maybe you don't need a prenup"
– Leila Hormozi
"If the answer is no, then you need a prenup"
– Leila Hormozi
"We don't have one [prenup] now"
– Leila Hormozi
"Everything just goes 50/50"
– Leila Hormozi
Full Transcript
I mean I always just ask people the question I'm like would you be happy for this person to have half of your and if the answer is yes then maybe you don't need a prenup but if the answer is no then me and Alex like we don't have one now you know because he had like stocks that would have excluded or whatever but like we've always talked about we're like I mean we just half everything just goes 50/50 but that's easy cuz we work together and we own everything 50/50 and you built it 5050 we built it 5050