When people enter a marriage with differing levels of assets, it's not uncommon to consider signing a prenuptial agreement addressing how their assets will be handled if their marriage fails. That’s why Hailey, a single mom with a five-year-old, called into The Ramsey Show from California. Must Read The 37-year-old has a net worth of $50,000. Meanwhile, her boyfriend of three years has a $2-million trust fund. Now they’re talking about marriage. (1) While his net worth is multiple times her own, her em ...

Some jurisdictions require independent counsel for certain terms such as spousal-support waivers. Courts may not honor prenups in cases where one party to the agreement lacked a lawyer, had limited English proficiency or was presented with an agreement too close to the wedding, and the agreement must pass the state’s fairness and procedure tests when it is enforced.Enforceability of a prenup also depends on timing, required disclosures and the parties’ understanding of the terms.During a marriage, income ma ...