California mom mulling marrying boyfriend with $2M trust fund wants prenup advice — but Dave Ramsey sees a huge red flag

Core Insights - The article discusses the considerations surrounding prenuptial agreements, particularly in cases where partners have significantly different asset levels [1][2]. Group 1: Financial Background - Hailey, a 37-year-old single mother, has a net worth of $50,000, while her boyfriend has a $2 million trust fund [2]. - Hailey earns an annual income of $140,000, whereas her boyfriend's bike shop has been unprofitable for a decade, leading him to rely on trust fund dividends [2]. Group 2: Prenuptial Agreement Considerations - Hailey is concerned about the implications of sharing bank accounts and how it would affect a potential prenuptial agreement [3]. - The article emphasizes that a prenup primarily ensures that each partner retains their pre-marriage assets, but does not dictate how they manage finances or grow wealth during the marriage [4]. - If married, the boyfriend's trust fund dividends would be considered household income, but he would retain the trust fund in the event of a divorce [4]. Group 3: Trends in Prenuptial Agreements - The prevalence of prenuptial agreements is increasing, with 1.8 million divorces occurring in the U.S. in 2023, highlighting a growing trend among millennials to consider prenups [5]. - A late 2023 Harris Poll indicated that 47% of engaged or married millennials have a prenup, compared to 41% of Gen Zers [6].