Author Archives: Gabriel Cheong

The Economics of Being Married

A new book by authors Paula Szuchman and Jenny Anderson, Spousonomics: Using Economics to Master Love, Marriage, and Dirty Dishes is a must read for newly weds and those living together for the first time.  The book posits that using economic principles, it is not always the best way to split up chores 50/50.  Instead,…

Saying ‘Yes’ to a Prenup – Another WSJ Article

I had the privilege of contributing to another Wall Street Journal article this year.  (Click here for the previous article). Prenups are no longer just about protecting assets, it’s also about shielding debt: Prenups are becoming more common among younger couples. And the contracts aren’t just about protecting individual assets and divvying up property in…

How long should a prenuptial agreement be?

If you haven’t gotten a prenup drafted yet, you might be asking “How long should a prenuptial agreement be?”  If you already had one drafted and you’re waiting to execute it, then you might be asking “Why is my prenup so long?” On average, the shortest prenup I draft will be around 20 pages, give…

Prenuptial Agreements Around the World

I recently had to research whether China recognizes prenuptial agreements and came upon this site below which has a list of countries and whether or not they recognize prenups.  It is extremely informative and I’ll reprint it here. Just a quick note that it doesn’t matter where you were married or where you have your…

Which is better – a Prenup or a Postnup?

What’s a better option – a prenuptial agreement or a postnuptial agreement?  The answer is a Prenuptial Agreement is by far, still better than a postnuptial agreement. Until recently, the question of whether a postnup is even valid in Massachusetts was a question that hadn’t been answered by the courts or the legislature.  However, in…

I Love You, You’re Perfect, Now Sign Here

I had the pleasure of commenting on a article in The Wall Street Journal this past week on baby boomers and their use of prenups. [B]oomers have become more anxious to hold on to whatever they have left, says Gabriel Cheong, a divorce attorney with Infinity Law Group LLC in Quincy, Mass. Today, the majority…

How to tell if your prenuptial agreement is valid

In order for a prenuptial agreement, drafted in Boston or other parts of Massachusetts, to be valid, it must meet the following: The future husband and wife must have had separate attorneys to represent them The parties must have made a full disclosure of their assets, debts and income The Agreement must contain a discussion…

Financial Questions to ask before Marriage

I wrote in the past about money and marriage where I cited a New York Times article.  Recently for Valentine’s Day, the Wall Street Journal ran an article to discuss the financial questions to ask after saying “I will” and before saying “I do”. The article recommends that couples learn about each other’s (1) assets…

How do I ask my fiance to sign a prenup?

It’s unromantic.  It’s uncomfortable.  It’s awkward.  Those are just some of the thoughts that come to mind now that you’re thinking about asking your fiance to sign a prenuptial agreement right?  Well, it doesn’t have to be like that. As with most things in life, it’s all a state of mind.  You can either see…