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TexasBeThyFrontier
Super September 2014

How much did it cost to write your prenup?

TexasBeThyFrontier, on July 24, 2014 at 5:41 PM Posted in Planning 0 46

FH and I agreed to a prenup ... until I started researching and got a $2000 to $2500 quote! I know attorneys charge a lot per hour, but I was thinking our prenup would be pretty simple.

If you looked into or got a prenup, how much did it cost you? Also, could you please provide details about how complicated the prenup was (roughly), what city the attorney is in, and if it was an independent attorney or someone at a large firm?

I'm looking over the law and I think we actually might just agree with the way the marriage property rights are laid out for our state, too, so we're having second thoughts about this whole prenup process ...

46 Comments

Latest activity by Legal, on July 17, 2021 at 11:00 AM
  • AndixLyn
    Master June 2015
    AndixLyn ·
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    Free. enter your info, credit card number and after you save & print, cancel the account, within 7 days. all done. notarize.

    http://www.lawdepot.com/contracts/prenuptial-agreement/?loc=US&pid=googleppc-prenup_us-ft6_main_a1ft-s-ggkey_nevada%20prenuptial%20agreement&s_kwcid=nevada%20prenuptial%20agreement|9295606865&gclid=CKqNwuO-iL4CFcdefgodkDwALQ#s=start&g=GQGoverningLaw

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  • Brittany
    Super August 2014
    Brittany ·
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    Can I ask why you want a prenup? Is one of you really rich? I'm just curious...because it seems kind of negative to go into a marriage, by preparing for the chance of a divorce....

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  • TexasBeThyFrontier
    Super September 2014
    TexasBeThyFrontier ·
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    @AndixLyn, did you have two independent attorneys go over the agreement with each of you to make sure you both understood what you were signing and witness the notarization? I was reading that this is key, but then you're also involving attorneys and the price goes up.

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  • MissMadeline
    Master June 2014
    MissMadeline ·
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    It can be very expensive. If you each have separate attorneys (which you should), it can get costly if there is a lot of back-and-forth between them. My attorney fees totaled to around $5000, and my lawyers didn't even draft the initial prenup.

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  • LadyMonk
    Master September 2014
    LadyMonk ·
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    Yeah... The same thing happened to us. We were going to until we found it that it was thousands of dollars Smiley sad Honestly I bet you could do a free one, but will it really stand up if put to the test? Who knows.

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  • AndixLyn
    Master June 2015
    AndixLyn ·
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    No attorneys, we each wrote out a list of what we wanted to cover and that was it. notary and witness. we didnt want to pay a ton but we did wan to have a notarized document so in the future, we could make sure the respect & courtesy we have for each other today would be there, even if we were mad.

    @Brittany. its really making sure in the event we fail that neither of us can fight dirty. his annuity is his, my 401k is mine. the dogs are mine. our home is in his name but i pay half the mortgage so it states if we can't be civil about the residence then we sell it, he gets his down payment back then we split it 50/50. even "poor" people get prenups. its about acknowledging every option, even the bad. not preparing for everything is silly. it only comes into play if we divorce and then try to be dicks to each other. but no prenup, or thinking its "bad luck" or "negative" is like not buying car insurance because it'll jinx you into a wreck.

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  • OMW
    Master August 2013
    OMW ·
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    We didn't get one - we both have the exact same finances (we're both teachers with the same years of experience), and I've seen how he handled his first divorce. We're good.

    BUT I think they're a really good idea. I don't see them as thinking about divorce, more than I feel that people who plan out their funerals are thinking about death all the time. It's just a reality to prepare for in worst case scenarios.

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  • AndixLyn
    Master June 2015
    AndixLyn ·
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    My BM's mom is an attorney and said if its notarized you're good. nothing gets filed with the states, the documents get a stamp and go in the safe. its just backup. technically i could shred the copies and take everything. but the respect we have today will be there, if we ever end up with bad blood.

    i think being able to discuss it shows a level in your relationship beyond the "omg it might jinx us" or "does he think i want his money" etc. it shows you guys have each others back in the best way.

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  • *Mrs_D*
    Master October 2014
    *Mrs_D* ·
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    A lot of those websites don't follow state laws, and will not hold up in the case of marriage dissolution (there are also websites that do wills, trusts, etc. YIKES). better to get an attorney, as expensive as attorneys are.

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  • TexasBeThyFrontier
    Super September 2014
    TexasBeThyFrontier ·
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    @Brittany, I get what you're saying. We both talked about this and neither of us got upset, though -- we both see it as protecting ourselves even though we really doubt we'd ever need this agreement. In general, we're both not argumentative people, either, so we don't think we'd squabble if anything bad happened down the road.

    Looking at the way the law is written, though, I'm not sure we disagree too much with it.

    http://www.statutes.legis.state.tx.us/Docs/FA/htm/FA.3.htm We might just make a quick video detailing which assets are ours or that we bought together before marriage (we need to do this for insurance purposes, anyway, due to hurricanes, theft, etc. and have been talking about it forever) then update the budget we've been neglecting so our accounts reflect our true assets. I was reading on Forbes that usually student loans affect marriage debt to the degree that people benefit from them, which also seems to make sense. So, if I went back to school and we got divorced before I worked, the debt would stay with me, but if we both benefited from my having a better career for 20 years and then got divorced, that's a different story.

    http://www.forbes.com/sites/jefflanders/2013/12/17/are-student-loans-incurred-during-the-marriage-considered-marital-debt/

    @MissMadeline, thanks for your help. I'm not sure if the $2-$2.5K is just my half or the whole thing. You're in Chicagoland, right? I bet legal fees would be somewhat similar for Houston.

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  • Future Mrs.Whitaker
    VIP August 2014
    Future Mrs.Whitaker ·
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    @AndixLyn- Thank you for the explanation...I wasn't really understanding the point of a prenup unless someone has something to lose...but your points made a lot of sense.

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  • *Mrs_D*
    Master October 2014
    *Mrs_D* ·
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    And funny thing about "just asking an attorney", and I am not saying this is the case for you Andixlyn- You might ask a criminal attorney and they would tell you "yeah, seems totally legit". When you ask an estate attorney, they would tell you "no, absolutely not." Not all attorneys know everything about the law. I only know about these dumb "DIY websites" because my very good friend does estates and trusts and she recently dealt with this VERY issue.

    This is a PSA coming to you from a civil litigator who gets asked questions about estate planning, property law, criminal law, constitutional law, and anything you could imagine... every. single. day. I DON'T KNOW.

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  • TexasBeThyFrontier
    Super September 2014
    TexasBeThyFrontier ·
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    @EricaTX, lol, FH and I do talk about our funerals a lot, as we've been watching The Killing on Netflix! Since it's summer and there are no new shows, we decided to start watching something with a good star rating and got into this pretty dark show. I think I actually have a google doc from a year or so ago explaining my last wishes ... I totally don't feel weird about it! Planning makes me feel better. I'm fairly certain I won't get divorced, BUT ... death and taxes, my friend, death and taxes ...

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  • Future Mrs. Elliott
    Super June 2015
    Future Mrs. Elliott ·
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    I applaud you for wanting to protect yourself! No one goes into a marriage thinking it would end in divorce.

    But, people change over time, and you might not think it will happen to you but it might. Without a prenup you could end up paying spousal support, and loosing 50% of your property. It's a SMART idea!

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  • Leanne
    VIP April 2017
    Leanne ·
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    We have a "cohabitation" agreement. Fh owns the house but I pay half the mortgage bills etc. in the event we break up, I am entitled to a set amount of equity the house has built up in the years I lived here. We take our own debt with us and anything joint is split 50/50.

    We will also have a pre nup because I have property that I own with my family that is worth a poop ton. It only covers the property, everything else is left to the law

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  • OMW
    Master August 2013
    OMW ·
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    Oooh - I have "The Killing" on my queue. I'm finishing up "Hemlock Grove" now - I have two episodes left.

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  • Rachey
    VIP June 2014
    Rachey ·
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    We actually considered it. After meeting with attys etc FH decided he didn't want to bother going through with it. He makes a lot more than me and built businesses and he never goes into any agmt without giving it a lot of thought and protecting himself. Marriage was no different. While I respect it and agreed to it, it was extremely upsetting to me and he knew that. Right about the time I accepted it, he decided against it. I have to say personally, it was a huge relief for me. No offense to anyone who gets it, because it's purpose is to protect you both, I just couldn't get over the concept of planning our divorce before our marriage began. But the quotes we did get were about $1,000 each from our respective estate planning attys.

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  • .
    Master October 2013
    .... ·
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    I have a lawyer friend who did it for free, but she said it'd usually be about $1500 I believe - but it would have cost extra for my husband to pay another lawyer to look at it. He looked at himself and agreed to it without consulting a lawyer. His choice.

    I'm in Northern VA and ours was very simple.

    Prenups are a very very good idea for any couple and it's silly to say it's "preparing" for divorce. Protecting yourself should be key at all times!

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  • Di
    VIP July 2015
    Di ·
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    My only concern is my house, which is in my name. I told FH that I would draw up a little agreement that if we ever do get divorced, he cannot try to go after the house in any way, shape or form since it is the house I grew up in and it is just something that I felt I need to do in both mine and my son's best interest. He really isn't the type of person that would be vindictive and do anything, but after going to hell and back with my XH over the house (which was never his) I'm making sure that I got shit in check.

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  • Rachey
    VIP June 2014
    Rachey ·
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    @stephanie. I strongly disagree that's it's a good idea for "every" couple. Call me old fashioned but I believe you should enter a marriage with trust and faith, and for me the prenup squashed that. I'm aware there is a flip side and that it could protect us both and possibly avoid a lot of heartache in the process of a divorce but I'll happily take my chances. And it is planning a divorce. You can literally go through a lot of those emotions going through with a prenup (feelings of doubt, distrust, hurt) it's definitely smart in some cases, don't get me wrong, but I'm just saying it's not for everyone. My husband was a poor starving pilot when I met him, and I loved him then, and I love him just as much now that he's successful. I also helped him with his business throughout the years so he gives some of the credit to his success to me and my support. A prenup for us would have been a slap in the face. Sorry. I feel pretty strongly about this and we are both happy we didn't go through with it. Good luck to all the ladies going through this.

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