19/8/2024 Podcast Reflection

Ready for a marriage? Prepare for the prenups first.

PERSONAL REFLECTION

8/19/20242 min read

Mr and Mrs signage
Mr and Mrs signage

Today's Podcast:

LIFE KIT: Getting hitched? Protect yourself with a prenup

This morning, I was in the mood for something spiritual and came across a podcast about spending time in a forest. However, the next episode automatically played, and it was about prenuptial agreements, which got me thinking about relationships. The guest on this episode was a lawyer who strongly recommended that people consider a prenup before getting married, ideally at least six months before the wedding. Although the discussion was based on the American context, where prenups have legal standing, I’ve heard that in the UK, prenups don’t offer the same level of legal protection. Still, some of the ideas she shared resonated with me. I've been reflecting on what she said, which is why the first thing I did when I got home was to write down my thoughts.

Prenups may not have a positive connotation, especially in Asian cultures. In my parents' generation, the idea of a prenup was unheard of. Once they decided to start a family, it was natural for them to contribute together, raising children and managing the household. Although conflicts arose around parenting and housework, divorce wasn’t something they considered—marriage was seen as a lifelong commitment.

Conflicts in marriage often arise when there’s a significant difference in social status or financial situation between partners. Typically, the wealthier partner may want a prenup to protect their assets. In Asian society, prenups are often viewed negatively, as if they are purely about money. I used to share this view until I listened to today’s podcast.

A prenup isn’t just about dividing money; it’s also about defining responsibilities within the family, such as who will raise the children and how it will be done. It covers issues like debt and future financial decisions, especially regarding significant investments. A prenup can also address how to manage relationships with extended family. It’s an opportunity to discuss potential conflicts and reach agreements before getting married, helping to prevent issues down the line.

I’ve seen many people rush into marriage only to divorce in a bad way. A prenup can protect both parties, ensuring that even if the marriage doesn’t work out, the separation is handled with minimal animosity.

So, would you reconsider your approach to marriage?