Who can benefit from prenups?

Prenuptial agreements can be particularly beneficial for individuals who are entering a marriage with significant assets, such as a house, inheritance, business, or intellectual property. Tim Ferriss and Ramit Sethi discussed how prenups are not about planning for a marriage to fail but rather about planning for contingencies, just like in any other aspect of life. It provides a way to acknowledge and protect premarital assets should the marriage end for whatever reason. This preparation can be likened to emergency procedures provided on an airplane—not because a crash is expected, but because it's prudent to plan for various possibilities 1.

This type of agreement can be especially useful for people who have substantial differences in assets or potential inheritances. It helps ensure clarity and fairness, should the marriage dissolve. Importantly, the agreement can also facilitate open conversations about financial planning and expectations in the marriage, reinforcing the partnership while acknowledging individual financial histories and responsibilities.