Bridger PenningtonFund Launch & Investment Expert

Prenup Or No Prenup? | Bridger Pennington

23 Oct 2023 · 1 min

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1:00

In this solo advice segment, the speaker addresses the dilemma successful individuals face when considering a prenuptial agreement. He explains that traditional prenups can create mistrust, but introduces a "prenup with a burn‑off" model as a compromise. The model sets a graduated divorce payout that increases each year ($50k in year 1, $100k in year 2, $150k in year 3, $200k from year 4 onward) and expires after ten years of marriage. This structure provides financial safety for the wealthier partner while preserving marital unity, as the spouse perceives the agreement as a precaution rather than an expectation of divorce. The speaker recommends this approach for already‑successful couples seeking both protection and relationship harmony.

Chapters

If you're debating getting married, if you're already successful, should you do a prenup? But a prenup can actually hurt your relationship with your potential spouse because they're like, what, you think we're going to get divorced? It can be a touchy subject. I'll share one thing that kind of a mutual friend did that was amazing for their marriage. This person, this individual was already successful, had a lot of money, was getting married, talked to his spouse, said, hey, we're together in this. But I just think just in case there's something, you know, my family members, all of them are telling me to do a prenup. Let's do this. Prenup With a burn-off. Meaning year 1, it was like $50 grand you get paid if we divorce. Year 2, you get $100 grand. Year 3, you get $150 grand. Year 4, you get $200,000. And I think it capped at $200,000 until we hit year 10. If we're married 10 years, then the prenup goes away. His wife said, yeah, that sounds like a total good plan. And what it did was it helped them create more unity but also had a little bit of safety and protection if they got divorced out of nowhere so that she wouldn't steal half of his assets. If you're looking to get married, you're already successful, a prenup with a burn-off might be a really good way to construct that contract.