(Alan: early 30’s Japanese-American):
" I’m very sorry to hear about your circumstances, but I hope that you make the best choice for yourself while keeping your family in mind to a certain extent. I’m glad that you’re not asking me about whether you should get a divorce or not, but rather about just how prenuptials work in the U.S.
First, prenuptials are law-abiding contracts between a would-be groom and bride that guarantee the distribution of their wealth once the couple decides to divorce. In the traditional sense in which the husband is the breadwinner of the family and the wife stays home, it allowed the men to protect their wealth; not having to fork up a penny more than the agreed amount to his departing wife. From the women’s perspective, it allowed the women to recoup the income that may have been lost in opting to become a housewife and secure future living costs.
This agreement became popular in the U.S. in the past decade or so, highlighted by many business tycoons and high profile celebrities inking these agreements with their significant others. Although the number of couples who sign prenuptials is increasing, it still nonetheless remains for those with great wealth and mainly for the purpose of protecting assets like real estate that may be complex to divide upon a split.
One of the recent celebrity prenuptials that grabbed the public’s attention was between hip-hop mogul Jay-Z and his singer wife Beyonce, a former member of Destiny’s Child. The document stipulates that she is entitled to $25 million if they are to split. The couple’s net worth is calculated to be $400 million with one-forth of it being Jay-Z’s.
I’m not sure if there’s such a thing as a prenuptial in Japan, but in a way I think that it’s similar to “Isharyou,” which you mentioned. Perhaps the difference between the two is whether you agree to the financial terms before or after the marriage. Although the amount may come out the same at the end, I personally would like the peace of mind that comes from something being guaranteed before what could turnout to be a lengthy and nasty divorce.
Usually in high profile breakups, the money is paid out in one large sum like it would be in the case of Jay-Z and Beyonce. However, it is possible to agree to monthly stipends, which may not be common or even possible in an “Isharyou.”
Although many traditionalists and romantics disagree with the concept of a prenuptial as it looks to the “end” before the couple even gets wed, more people are starting to perceive that a marriage is a financial decision and making more shrewd decisions.
A prenuptial is not applicable in your case, but there has been a trend in the U.S. in which a husband or wife collects a substantial amount of money from their partner through divorce settlements even without a prenuptial. This amount is usually calculated by their wealth, length of marriage and whether they had children. So, I hope that it works the same way for you with the "Isharyou". " |