I'm going to kill him!

[Bindii]

My hubby and his three brothers have decided to invest about $400,000 in two rental properties...which is a decision that I originally was in favour of - until he said that they had decided that all of the wives (of the brothers) will have to sign some sort of pre nup stating that if our marriages break up etc that we will have no claim on these houses.

I'm so mad! All of the wives work - two of the four (me included)actually make more money than the men! The way I see it is that while these houses are being paid off the money still comes out of the household accounts regardless off who's name is on the loan. Maintainance etc will also have to be taken out of the household accounts.

I suggested that he sign an agreement stating that he would not have any claim on any future inhertances that will come my way - quite substainal amounts of money - in the future..."but thats different" he says!

Am I being unreasonable? Should I just sign the damn thing? Or should I cut his nuts off and hang them on the letterbox?

I apologise in advance for any spelling mistakes made in this post - I'm half dead with the flu and in the foulest mood right now!

 

[SweetCherry]

Bindii, you've got every right to be pissed. It is, after all, something that DOES involve you. You're going to be working for this too. They're being jerks and they know it. It's all about them "keeping their toys".

 

[Sillyman]

Does Australian law allow for justified nut-hanging? If so, go for it.

I think you should not sign the contract (if you haven't already) until you get a lawyer to look it over and negotiate it for you. You are seriosly getting screwed here. I also think you should try to rationally explain the situation to your husband calmly and try to get him to see your point of view. If that doesn't work, then I suggest a frying pan to the skull.

 

[kiwiwolf]

It sucks Bindii. I'll supply your alibi... we were having hot phone sex at the time.

 

[scylis]

of course it's different. the inheritances are money given to YOU, not him. if you want to cut him off from it, then that's your perogative.

now, the houses... since you will BOTH be putting money into it, you'll both have a vested interest in ownership of the house should your marriage disolve. if the others want to go along with the agreement, then that's there perogative, but they should have some say in it no matter which way they go! if you paid for the house or the property, if you want the house, you should at least have a chance to get it, if you so choose.

don't sign it if you're against the idea of not getting a claim to something you helped pay for, whether it's for construction, maintainence, or whatever.

 

[Bindii]

There is no way on gods earth that I will sign that contract - if he's pissed so be it. Its just that he thinks I'm being selfish and unreasonable, I think its the other way around.

Sweetcherry your right, they are being jerks!

Sillyman, no Australian law doesn't allow for justified nut-hanging - but I figure if I got an all women jury I'd get off anyways...

Thanks Kiwiwolf...I might have to call you on that!

Scylis I just sort of figured that since we will paying the properties off for the next ten or so years then I would be entitled to something if anything ever happened to our relationship - not to mention if god forbid he died or something!

I may be blonde but I'm not stupid.

 

[kiwiwolf]

After what you just posted for me I'll break his kneecaps for ya. I'll even forgo my usual $50 fee and even do his toes for free.

 

[Bindii]

After what you just posted for me I'll break his kneecaps for ya. I'll even forgo my usual $50 fee and even do his toes for free.

Lol.....do you think you could poke his eyeballs at the same time?

 

[scylis]

all three simultainiously?

you'd better let me help, too, then!

 

[kiwiwolf]

Lol.....do you think you could poke his eyeballs at the same time?

Piece of cake hon. Scylis your help would be cool. We could grab a beer or three afterwards.

 

[Bindii]

The beers on me......just make sure you remove your bloody boots before coming in!

 

[kiwiwolf]

The beers on me......just make sure you remove your bloody boots before coming in!

We won't leave so much as a paw print.

 

[SilverVeil]

Regardless of any contract you sing about the houses ... if anything happens that the tenents can sue the landlord over, YOU will also be responsible as the spouse of the landlord. So tell him where to stick the contract.

I would ask him WHY he thinks there is any need for you to sign it ? What faith does he have in your relationship that he would forsee a need for this kind of thing ?

Give it to him with both barrels Bindii. I would not sign anything of the sort. Ever. If we are married and I am helping pay for something ... then IF ( and that is a huge if there .... ) anything would happen to our marriage, things would have to be divided fairly. This is something purchased after your marriage and therefor it is a joint purchase and should be divided evenly. There is no way in hell he can say " Well, I will pay for everything that has to do with the rental houses, you can just pay our living expenses for where we live. That way you are not paying for the rental house. " This is bullshit. You are supporting him while he pays on the rental houses. Thereby you are contributing to the financing of the rental houses.

Don't let them get this over on you ladies. See an attorney.

 

[Don K Dyck]

There is no way on gods earth that I will sign that contract - if he's pissed so be it. Its just that he thinks I'm being selfish and unreasonable, I think its the other way around.

Scylis I just sort of figured that since we will paying the properties off for the next ten or so years then I would be entitled to something if anything ever happened to our relationship - not to mention if god forbid he died or something!

I may be blonde but I'm not stupid.

Hi Bindii, Based on the incomplete facts given here this is probably a good decision. The Family Law Act 1975 (Cth) now allows for the division of property after a no-fault marriage breakdown taking account for kids and also contributions to the creation of family wealth. It now allows for total superannuation of both parties to be divided between the parties. SilverVeil has the correct attitude, but when looking at investment property be aware of the tax advantages of correct gearing, rather than negative gearing. Spending a dollar to make 50 cents is poor financial management.

 

[SilverVeil]

Hi Bindii, Based on the incomplete facts given here this is probably a good decision. The Family Law Act 1975 (Cth) now allows for the division of property after a no-fault marriage breakdown taking account for kids and also contributions to the creation of family wealth. It now allows for total superannuation of both parties to be divided between the parties. SilverVeil has the correct attitude, but when looking at investment property be aware of the tax advantages of correct gearing, rather than negative gearing. Spending a dollar to make 50 cents is poor financial management.

True Don .... Bindii, you also have to look at how property values in the neighborhood the houses are in have done in the past. How run down are the houses ? Tenents have a tendency to rarely leave a place as nice as it was when they moved in. And if them leaving is not by their choice... they can be very destructive. Will there be animals in the houses ? Spend $5000 to fix it up and have people live ther for 1 year with kids and pets and most of your money is gone when you have to repaint, replace carpet, fix appliances, be responsible for maintence when the furnace breaks down, or water pipes break in the winter .... a rental property is a big responsibility. Are your guys ready for that kind of comittment ? My parents own rental property and as " free slave labor " when I was in school and living at home ... I well remember some of the headaches they had with problem tenents. And even the best tenents have accidents. One of the most expensive thing they had to repair was when their oldest and best tenent dishwasher broke while she was at work and flooded from the 3rd floor all the way to the first floor. It was a nightmare.

 

[Georgia Girl]

I agree with you completely Bindii.......there is no way in hell I'd sign that thing and if he wanted to persist I'd feed it to him for dinner.

Seems quite selfish to me. Wanting to have something of your own is understandable but this doesn't qualify.

 

[Oilpainter]

The last I checked prenuptual agreements only were valid if signed before marriage and that any agreement signed during marriage would not be valid but I am sure it varies from jurisdiction to jurisdiction . I would call an attorney to verify this though my friend.

 

[Don K Dyck]

The last I checked prenuptual agreements only were valid if signed before marriage and that any agreement signed during marriage would not be valid but I am sure it varies from jurisdiction to jurisdiction . I would call an attorney to verify this though my friend.

In Australia, prenuptial agreements are being considered but are difficult if not impossible to enforce . . . AT PRESENT.

Your data suggests that you are currently married and so the document you are being asked to sign is a contract rather than a pre-nuptial agreement. With a contract, the court will not worry one whit if you make a poor bargain, but will enforce the contract if it is legal and valid.

So, Bindii, make haste slowly, get legal advice from an independent, trusted, professional source and SIGN NOTHING IF IT FEELS WRONG!!!

 

[PacificBlue]

I'm not married but I wouldn't sign it either and I would be ticked. If you want to use money that I go out and earn to pay for your property...I'm not signing a contract that says I get no part of it. Try again! Not playing.

 

[hatara]

Handing Bindii a 16" kitchen knife and a jar.

Honey you know what to do. When you want to play with his nuts just take them out of the jar on the mantle and have fun!!

 

[Orwell84]

Bindii, you should be angry. However, I don't think you should be killing anyone, and you certainly shouldn't be confessing in advance. Just remember, when asked, you were putting on your front lawn when it happened, and you neither heard nor saw anything.

 

[Bindii]

Bindii, you should be angry. However, I don't think you should be killing anyone, and you certainly shouldn't be confessing in advance. Just remember, when asked, you were putting on your front lawn when it happened, and you neither heard nor saw anything.

Lol.....I've already got my alibi......see kiwiwolfs post.

Now if I can just get Laurel to delete this thread...

Things are at a standstill right now, he's still insisting I sign I'm doing the stubborn mule act - no way am I signing!

Thanks for all the advice guys!

 

[Weird Harold]

Things are at a standstill right now, he's still insisting I sign I'm doing the stubborn mule act - no way am I signing!

Make him a counter offer -- He signs the divorce papers and you'll take your half of everything right now.

 

[sunstruck]

Ok, I'm not a lawyer, but doesn't a prenup have to be signed PREnuptually?

Just my opinion, but once you're married your partners. The idea that he would want to exclude you financially from anything doesn't sit easy.

My husband just started a business and most of the capital for that came from my bank account. If he were to come to me and ask me to legally give up all claims to it, I'd shove the document up his ass with a gardening hoe.

If you make more than him try this. Tell him you'll sign it if he agrees to be responsible for half of all living expences AND any money that goes into that property.

Then tell him to go live there.

 

[brisbon]

never understood prenups

I love you....but no way do I trust you.