"A prenuptial is not a thing that says, okay, you are now a woman that's not allowed to ask any questions about her husband's business. That's not what a prenuptial does."
"A prenuptial dictates what happens at divorce. It doesn't dictate what happens during the marriage."
Ashley, a stay-at-home mom, lacks access to household finances despite a prenup stating separate ownership of assets. She manages bills from an inaccessible account and is unaware of the family business's profitability. Dave Ramsey clarifies that prenups govern divorce asset division, not financial transparency during marriage. This misunderstanding highlights the vulnerability of stay-at-home spouses, as they may face financial exposure without knowledge of household finances, especially in a climate of declining personal savings rates.
#prenuptial-agreements #financial-transparency #stay-at-home-spouses #household-finances #legal-misunderstandings
Read at 24/7 Wall St.
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