Safeguarding Your Future Together: Prenup Essentials
In this episode of TFE Talks, Jordan Goewey and Matthew Edwards explore the importance of prenuptial agreements in the context of estate planning and business succession. They explain what prenups are, why it’s crucial to set them up before marriage rather than after, and how they interact with South Carolina law, including the concept of the elective share. Listeners will learn about the legal requirements for enforceable agreements, such as full financial disclosure and separate attorney representation, and gain practical tips for protecting personal and family assets while fostering clear, informed communication between partners.
Notes:
Topics in this conversation include:
Introducing The Topic of Prenuptial Agreements (0:33)
What is a Prenuptial Agreement? (1:21)
Importance of Prenups Before Marriage vs. Postnuptial Agreements (1:58)
The Elective Share in South Carolina and its Role in Prenups (3:11)
Legal Requirements for Prenups—Consideration and Financial Disclosure (4:40)
Separate Attorney Representation for Each Spouse (7:18)
Practical Advice: Framing Prenups as an Insurance Policy (8:32)
Collaboration with Financial Advisors During Disclosure (9:40)
Simplicity vs. Complexity in Prenup Agreements (10:27)
Advice on Timing: When to Discuss and Sign a Prenup (11:10)
Avoiding Duress: Signing in Advance of the Wedding (12:50)
Approaching the Prenup Conversation (13:38)
Practical Summary—Prenup as a Gift and Positive Planning (14:58)
Final Thoughts and Takeaways (15:54)
TFE Talks: Navigating Wealth, Business, and Legacy is the official podcast from Thomas, Fisher & Edwards, a premier estate planning and business advising law firm in Greenville, South Carolina. Each episode, our attorneys break down complex legal topics—covering estate planning, business strategy, and legacy building—into clear, actionable insights. Whether you’re refining a plan with our team or preparing for the future, this podcast serves as your go-to resource for thoughtful, strategic planning. Tune in for guidance that helps you protect what matters most. Learn more at www.tfelawfirm.com.
The information provided in this podcast is for general informational purposes only and should not be considered legal advice. Listening to this podcast does not create an attorney-client relationship with Thomas, Fisher & Edwards or any of its attorneys. Laws and regulations vary, and legal matters are highly fact-specific. For personalized legal guidance, please consult with a qualified attorney.