Pre-Nups with Sandy Roxas, Esq.

While the connotation may be that a prenuptial  agreement is negative, a sign of greed or a set-up for failure, they are no different than getting auto insurance for your car. You don't plan on having an accident, but you certainly want to be covered in case you do. Torrance, California-based attorney, Sandy Roxas, gives us her insight on: why pre-nups are important to have even when money and real property aren't involved, how separate property (including your business or intellectual property) becomes community property once married, thinking forward, having the tough conversations, talking finances (debt becomes community property, too, without a pre-nup), separate accounts don't protect you, keeping earnings separate and having a joint account, knowing what your partner's finances are (even if you have to run a credit report), stay-at-home parenting, amending a pre-nup or doing a post-nup, taking out the romance, co-habitation agreements (for those not getting married), having a pre-nup tends to make divorce and co-parenting easier, hiding things from your partner, obligations, a new spouse's income can affect child support and/or alimony without a pre-nup and keeping earnings separate, financial transparency is important, choosing the right spouse, entrepreneurial debt, the give and take, balanced instead of equal, financial abuse, having access, red flags, The Joy Luck Club, not being stuck, bad math, being able to walk away, being in a relationship because you want to be, not because you have to be, independence is a good thing, fertility and embryos, and please do the pre-nup sooner than later (don't force it in right before the wedding).

You can reach Sandy Roxas at https://roxaslaw.com/

Episode recorded on 02/27/21

Episode released on 04/07/21

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Music: Shower Beer by GG Riggs