<blockquote>The True Purpose of Prenups - "I think people think of prenuptial as Just planning for divorce. But all marriages end in one of two ways, divorce or death. And so where I find that some agreements fall short is in planning for the second scenario, whichever it is." - Larae Schraeder</blockquote>Let’s be honest—talking about prenups with a partner, friend, or family member can feel uncomfortable and sticky. The conversation is often laced with worries about trust, fairness, and what it means for a relationship. That’s exactly why we felt it was important to bring clarity to this conversation. To help us do just that, we invited <a href="https://schraederlawllc.com/" rel="noopener noreferrer" target="_blank">Larae Schraeder, an award-winning attorney from Schraeder Law</a>, who specializes in estate planning, probate, and elder law. Larae brings a wealth of experience, with her background in both law and financial services, making her perspective especially valuable for this topic.We explore the ins and outs of prenups and postnups, why open conversations about finances are critical before tying the knot, and how these legal documents can go far beyond just preparing for divorce. From protecting children and business interests to navigating new changes in Ohio law, this episode is packed with practical advice and personal stories to help couples (and their families) prepare for whatever the future may hold. If you like this episode, please let us know. We appreciate the feed back, and <a href="https://buymeacoffee.com/lookingforwardourway" rel="noopener noreferrer" target="_blank">your support of offset costs</a> of producing the podcast!<h3>5 Keys You’ll Learn from This Episode:</h3>Why talking finances before marriage is a must—even if you’re not Bill Gates (spoiler: it’s about all relationships, not just the rich ones).What a prenup really covers—it’s not just about divorce, but also what happens when marriage ends by death.How enforceable is your napkin agreement? (Hint: Notarization, signatures, and full disclosure are everything!)The lowdown on postnups—did you know Ohio just updated its laws, making postnuptial agreements an option for couples already married?Myths vs. reality: Prenups aren’t just about protecting yourself—they can also protect children, address business ventures, and even outline how to handle unexpected windfalls (hello, surprise royalties or farm booms!).Moments04:55 Notarization for Real Estate Promises06:52 Prenups: Beyond Divorce Planning10:54 Undisclosed Assets in Divorce Settlements15:24 Marital Agreements and Estate Planning16:53 Prenuptial Agreements: Motivations and Considerations20:43 Prenup Considerations for Unique Needs23:14 Medicaid Impact on Long-Term Care26:06 Updated Divorce Agreement Strategies30:06 Contracts Beyond Marriage: Versatile Agreements32:29 Podcast Insights with Larae SchraderWe would love to hear from you.<a href="https://podinbox.com/LFOW" rel="noopener noreferrer" target="_blank">Give us your feedback, or suggest a topic, by leaving us a voice message.</a>Email us at hello@lookingforwardourway.com.Find us on <a href="https://bsky.app/profile/lfow.bsky.social" rel="noopener noreferrer" target="_blank">Bluesky</a> and <a href="https://www.facebook.com/lookingforwardourway/" rel="noopener noreferrer" target="_blank">Facebook</a>.<a href="https://g.page/looking-forward-our-way/review?gm" rel="noopener noreferrer" target="_blank">Please review our podcast on Google!</a>And of course, everything can be found on our website, <a href="https://my.captivate.fm/www.lookingforwardourway.com" rel="noopener noreferrer" target="_blank">Looking Forward Our Way.</a>Recorded in Studio C at <a href="https://my.captivate.fm/www.channel511.com" rel="noopener noreferrer" target="_blank">511 Studios</a>. A production of <a href="https://my.captivate.fm/www.circle270media.com" rel="noopener noreferrer" target="_blank">Circle 270 Media® Podcast Consultants</a>.https://creativecommons.org/licenses/by-nd/4.0/Copyright 2025 Carol Ventresca and Brett Johnson Mentioned in this episode:Listener DisclaimerThe views and opinions expressed by the experts interviewed on this podcast are their own and do not necessarily reflect the views of the podcast hosts or any affiliated organizations. The information provided in these interviews is for general informational purposes only and should not be considered as professional advice. Listeners are encouraged to consult with qualified professionals for specific advice or information related to their individual circumstances. The podcast host and producers do not endorse or guarantee the accuracy, completeness, or reliability of any information provided by the experts interviewed. Listener discretion is advised.

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