Episode Summary |

In this conversation, Emily Bouchard and Paul Hood delve into the complexities of prenups, particularly in the context of wealthy families. They discuss the importance of purposeful prenups, emphasizing trust, communication, and the need for full disclosure of assets. The conversation highlights the emotional challenges that can arise when one partner comes from a wealthier background, and the necessity of navigating these dynamics with care. They also explore the role of legal representation, the negotiation process, and the significance of understanding family dynamics in creating effective prenups.

Chapters |

00:00 Introduction to Purposeful Prenups

01:40 Understanding Prenups in Wealthy Families

06:09 Building Trust Through Disclosure

11:26 The Importance of Family Dynamics

17:08 Navigating Emotional Hardships in Prenups

21:10 Empowering Couples in the Prenup Process

24:21 Choosing the Right Legal Representation

28:03 Negotiating Prenups Effectively

33:54 Concerns and Values in Prenup Discussions

Guest Bio |

A “recovering tax lawyer,” Paul Hood’s often quoted in publications that include Forbes magazine, USA TODAY, and The Wall Street Journal, and he’s been a frequent contributor to Leimberg Information Services, Inc. since its inception, Paul is a highly sought-after speaker and consultant because of his innate ability to see through the complexity and explain difficult and even boring subjects in understandable and entertaining language with his insightful and biting sense of humor, and he minces no words in doing so. Along the way, Paul’s been a father, husband, uncle, Godfather, lawyer, coach, mentor, trustee, member, director, president, partner, trust protector, director of planned giving, expert witness, agent, professor, judge, juror, respondent, and a defendant, and he uses his experience in these myriad roles to guide others.

Guest Resources |

www.purposefulplanninginstitute.com

www.paulhoodservices.com

www.leimbergservices.com

Emily's Resources |

https://emilybouchard.com/

https://blendedfamiliesflourishing.com/

Heart*Brain*Horse*Coherence Retreats: https://emilybouchard.com/retreat/