The main purpose of a prenuptial agreement is to agree, ahead of time, to the terms of a divorce, if it should ever happen. We all hope divorce never happens, just like how we hope when buying health or life insurance, to never have to use it. A fellow (non-legal) blogger Audrey Pollnow has another…
Gabriel Cheong, Esq., Infinity Law Group LLC,
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Category Archives: Marriage
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,…
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…
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 much money should each contribute to a marriage?
Part of planning a prenuptial agreement is deciding, if not in writing at least orally, how expenses and bills should be paid. There are many variations which I will list and then I will list the one I favor the most and why I think it helps to foster a healthy marriage. One spouse pays…
Money Talk Before Marriage
The New York Times recently ran an article about the 4 money talks to have before you commit in a lifelong relationship. Specifically they suggest that you talk about (1) your financial ancestry, (2) your credit history, (3) control over money, and (4) affluence and financial goals. These 4 things (and more) is what I…
Who needs a Prenuptial Agreement?
Ideally, all couples looking to get married should at least engage in the process of getting a prenuptial agreement. As I’ve said before, negotiating a prenuptial agreement provides a very valuable opportunity for couples to discuss their mutual financial situations, their outlook on finances and their future goals. I’m often surprised when I do estate…
Love is…
For all my prenuptial agreement clients who are getting married this summer; for all my future clients who will be getting married; and for couples who are not my clients – have a great, long-lasting and happy marriage. Love is patient, love is kind. It does not envy, it does not boast, it is not…
Same-sex marriage and prenuptial agreements
All gay, lesbian and same-sex couples who are planning to marry should get a prenuptial agreement. This is more important for a same-sex couple than for a heterosexual couple. Let me explain. Because of the Defense of Marriage Act (DOMA), constitutional bans on same-sex marriage in other states, and a lack of same-sex marriage laws…
