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Some Prenups Expanding to Include Health Insurance Clauses
Prenuptial agreements are traditionally designed to dictate what will happen with a couple's finances in case of divorce, and now they're expanding to include some clauses for other money-related issues.
Health care is something that's already pushing some couples to the altar; in just the past year, seven percent of adults in the US married for health insurance. Insurance doesn't come cheap and it can be difficult to find good coverage that isn't very expensive — that's why some couples are designing prenups with a clause allowing for continued health insurance should they divorce.
Prenups Are Legally Binding, But Not Everywhere
Charlotte's first Sex and the City husband, Trey McDougall, comes from Scottish blood, but he'd probably be a proponent of the UK Law Commission's discussion to make prenuptial agreements legally binding.
Americans are no strangers to the legal contracts that outline the division of assets in case of divorce, while couples in the UK haven't been operating under the same options. Remember when Paul McCartney paid Heather Mills a settlement of $48.6 million as the result of an intense divorce proceeding?
Your Two Cents: How Do You Feel About Prenups?
Prenuptial agreements among Hollywood's couples awaiting the walk down the aisle generally don't cause much of a stir, but when it comes to engaged couples who aren't among the rich and famous prenups seem to have a thicker haze surrounding them. Those asked to sign tend to think their loved ones are asking them to put a value on themselves, and what's more, they're calling the future of the marriage into question. Some are more sensitive than others though, as there are some among the newly engaged who think a prenup is sensible with such high divorce rates as a reality.
Was the McCartney-Mills Divorce Settlement Fair?
Paul McCartney and Heather Mills finally settled their divorce this week. She began the process requesting $254 million but ended up getting $48.6 million from the settlement. There was no prenuptial agreement involved when the couple married in 2002, and while Heather had some of her own acquired wealth it came no where close to the $800 million that Paul has in his Beatles name.
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New Love: Weigh In on Money Dos and Don'ts
Money is a sensitive and personal subject, but when you start dating someone it's important to let down your guard and ensure you have similar financial, personal and career goals and expectations so you aren't someday bewildered when the topic of prenups or really bad credit comes up. Embrace this month of love by sharing your take on some classic new relationship conundrums.
Photos courtesy of The CW
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Where Do You Stand on the Topic of Love and Money?
February is a month of decadent chocolate boxes, long-stemmed roses, and big proclamations of love. That is, if Hallmark and the floral and gift industry have their way. Truth be told, saying "I love you" for the first time is often easier than the realities that come afterward — the effort to merge your life with someone else's.
12 Guides, Tips, and Questions For Balancing Love and Money
Love and marriage may go together, but love and money don't always. Thirty percent of Americans, 23 percent of Canadians, 24 percent of the French, and 12 percent of Germans say the recession has added stress to or ruined their relationship or marriage.These are startling stats, especially when you consider only 11 percent of SavvySugar readers say they have never fought with their spouse over money. Check out some tips for balancing career, finances, and love, and share your thoughts on the topic!
Savvy Links: No One Likes a Bully in the Workplace
Back to Basics: Balancing Love and Money
Love and marriage may go together, but love and money don't always. Thirty percent of Americans, 23 percent of Canadians, 24 percent of the French, and 12 percent of Germans say the recession has added stress to or ruined their relationship or marriage. These are startling stats, especially when you consider only 11 percent of SavvySugar readers say they have never fought with their spouse over money.
Employers Asking Coupled Co-Workers to Sign Love Contracts
While I don't imagine most workplaces host as much inter-office intercourse as the hot crew on Grey's Anatomy, there's no doubt that sex with co-workers is not limited to scripted TV. On last week's episode of Grey's, the Chief sent George on a mission to collect the sexual histories of the hospital's employees. More specifically, their histories of having sex with each other.
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