Winning the Money Game by Adonal Foyle

Author:Adonal Foyle
Language: eng
Format: epub
Publisher: HarperCollins
Published: 2015-05-12T16:00:00+00:00

AFTER THE LOVE IS GONE

People file for divorce for all kinds of reasons, including extramarital affairs, money, lack of communication, and even weight gain. Any of these issues can come to the forefront once a player is at home every day, and if you combine that with the fact that less money is coming in, the situation can get tense. While a player’s career is active, his wife may have overlooked his cheating or the fact that he just didn’t listen to anything she had to say, but with him at home every day, she may not be as willing to let things go. Meanwhile, as a retired player, he’s not going to be working out regularly and could start putting on some pounds, looking less and less each day like the man she married. Combine all of this, and a lot of wives get fed up and file for divorce.

After retirement, people’s lives change. When a pro athlete’s schedule finally allows him to spend quality time with his wife at home, he’s forced to handle day-to-day issues that in the past he was able to run away from. Whether it’s how to deal with the guests coming over for Thanksgiving or why there are messages on the answering machine from some woman, his schedule with the team made it very easy for him to evade discussions around these matters. Because of the amount of time spent on the road during their playing days, most retired athletes didn’t have a clear role in the household—the wife was the chief of the house. Now that he is there, he may want a larger role, but exactly what that is can be hard to define after all the years that he wasn’t really around.

As we know, many people will experience a divorce in their lifetime, and an alarming number of couples don’t have a prenup. People are afraid of approaching the subject of a prenup, for a number of reasons. First, they don’t want their significant others to think they don’t love them. Second, they worry that it puts a curse on the relationship from the beginning. Third, and perhaps worst, they’re afraid their significant other won’t sign the agreement and will end the relationship. These are all legitimate concerns, but consider the alternative. If you get married without one, you could end up in a situation where you’ve spent your entire career working hard, only to retire and face divorce and the loss of your wealth.

In a notorious story, Stephen Jackson, perhaps best known for his role in the Indiana Pacers’ fight with the fans, waited until the day of the wedding to get his prenuptial agreement signed. His fiancée, Imani Showalter, refused, so the wedding was called off, even though guests had already begun arriving. Obviously, there is a better time to present your partner with a prenuptial agreement—but it is one hundred percent reasonable to want to protect your assets should something happen to your marriage.

Here is a short list of reasons you should consider signing a prenup.

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