What would you do? About that prenup...


I watched Divorce Wars on CNBC Monday night. It was a one-hour documentary on the financial warfare behind high dollar divorces. At the end, I had to re-think what I believed about prenuptial agreements. I always thought they were cold, pessimistic tools that wealthy men used to keep their trophy wives behaving. What can I tell you? I read a lot of Judith Krantz and Jackie Collins back in the day. Anyway...

One case struck me in particular. A divorced executive in his mid-fifties (Bill Lasky) met a woman. She gamed him, completely. Out of the blue, he met a woman who shared ALL his hobbies and thought he was the hottest thing in three states? C'mon son! Even he admitted he chose poorly. He. Got. Gamed.

Mr. Lasky had worked his ass off to get to the point where he was CEO of a company or two, sat on some boards, had a net worth of $50 million. He thought it would be "unromantic" to ask his new bride to sign a pre-nup and happily said "I do" without one.

Unfortunately, seven years later (when she had completely stopped faking the funk)... it all fell apart. During the seven years, they had bought property (in both names) and made numerous multi-million dollar investments. 

In an effort to be fair, he calculated that he had spent 17% of his life with the current Mrs. Lasky and he offered her 17% of his net worth at that time. She wasn't having it. She wanted half. Her attorney hired a forensic accountant and was going to call in every board member of every company Mr. Lasky ever worked at and have them review all manner of documentation. In order to avoid the drama, he broke down and offered old girl $20 million. She took it and waltzed off into the sunset.

Now I'm sorry - that ain't right. She didn't bear him any children, she didn't keep house, she didn't work alongside him. She didn't help him earn a penny of that and walks away with close to half of what he worked his whole life for? No ma'am. Old boy should've had a prenup, dipped in iron at that. 

Nowadays, incomes being what they are - they are reason enough for women to need to protect their investments as well. So I'm asking both ladies and fellas - would you have your future spouse sign a prenup? What would you do if your future spouse asked you to sign one? Ladies? Gents? Thoughts, comments, insights?