Chapter
Divorce Settlements and Community Property: What You Need to Know
1:15:17 - 1:18:30 (03:12)
In this podcast episode, the hosts discuss divorce settlements and the concept of community property. They explore the issue of compensation for the non-working spouse and how to divide assets, including money earned during the marriage.
Clips
Prenuptial agreements are important for outlining what happens in the event of a marriage ending, and can range from a simple check to a more complex agreement that takes into account factors such as children and job loss.
1:15:17 - 1:16:37 (01:20)
Summary
Prenuptial agreements are important for outlining what happens in the event of a marriage ending, and can range from a simple check to a more complex agreement that takes into account factors such as children and job loss. It is important to have one to ensure fairness and prevent one partner from leaving with a disproportionate amount of assets.
ChapterDivorce Settlements and Community Property: What You Need to Know
Episode#371: Ramit Sethi — Automating Finances, Negotiating Prenups, Disagreeing with Tim, and More
PodcastThe Tim Ferriss Show
Prenups involve more than just dividing wealth in divorce, and couples must make decisions about payment structure, living arrangements, and other factors.
1:16:37 - 1:17:36 (00:58)
Summary
Prenups involve more than just dividing wealth in divorce, and couples must make decisions about payment structure, living arrangements, and other factors. The money earned while married is usually considered community property.
ChapterDivorce Settlements and Community Property: What You Need to Know
Episode#371: Ramit Sethi — Automating Finances, Negotiating Prenups, Disagreeing with Tim, and More
PodcastThe Tim Ferriss Show
The episode discusses the complications of divorce related to finances and custody agreements, emphasizing the role of the state in determining such terms.
1:17:36 - 1:18:30 (00:53)
Summary
The episode discusses the complications of divorce related to finances and custody agreements, emphasizing the role of the state in determining such terms. The speakers also address the question of why people choose to get married in the first place.