I Just Inherited $1,500,000 (I’m 22)

[Music] brought to you by the every dooll app start budgeting for free today um I just inherited about $1 and A5 million dollar wow and I'm getting married um in a a little over three months and so I want to know if I should get a prenup or not wow how old are you I'm 22 oh where' the money come from um my grandpa was a successful business man in like Hardware stuff and so I have like he had about half a million dollars in stocks and then he loaned his business about a million dollars and so I get loan repayments on that and then he owned his business building and then my mother's house and just various accounts they have are you getting the are you getting cash 1. Million Dollar Cash no she's getting a half million cash and then payments on a million through all the rest yeah so half million in cash half a million in stocks and then the rest in business notes mostly yeah okay before this happened did you have any money um I was pretty good with my money and had a pretty how much money do you have did you have before this happened I had $10,000 okay you didn't have any money okay and that's that's well I know it's not it's not like you had it's not like you already had a half a million dollar what I'm talking about a little difference in a half a million or a million and a half in $10,000 okay now the fiance does he have any money um not a what's he do he graduated college and um his parents have a franchise called mosquito Joe that he was going to take over but he has like he's done some work to start it up but I'm just a little concerned that the inheritance has made him less or it's created less pressure for him to work that's a different question than do I need a prenup okay that is you need pre-marriage counseling okay when is the wedding scheduled um November or no sorry um yeah no November um 20th I'm sorry November what oh November 20th this year 20th so three months have y'all been through pre-marriage counseling yet um we did one group thing but not like individual you need to do some intensive marriage counseling where you say to him what you said to us okay that's very important okay because here's the problem um money does not cause people to have problems it exposes problems that they have it magnifies the good and the bad in you and in him and what you're saying is is this has magnified a uh a lack of work ethic or something along those lines a lack of motivation or whatever we want to call it and this seems to have made it worse it feels like to you yeah okay did he know he was that you were going to be getting this money was this um conversation or was a little bit out of the blue for both of you well so we had been together about like 5 years and then my dad passed away so that's how I iner or I mean oh I'm sorry Molly wow yeah you've been through a lot kiddo all right so the the the the point is this yes I do want you to get a prenup and I'll come back in a minute and explain why I don't believe in prenups very often but occasionally I do what I don't want you to do is to think your prenup is going to fix your fiance it doesn't it just helps you escape him if it goes completely bad okay so you've got to you've got to go in and have real clear relational goals with him and that's 90% of solving the problem you called about 10% is the prenup piece of paper if you've got to fix a future spouse with a prenup you shouldn't get married is my point because the prenup won't fit fix them it's like doing a contract with a crook contracts don't make Crooks suddenly honest they're still G to find a way to crook you yeah okay contracts are not magical documents they don't suddenly give people character and prenups are not magical documents they don't suddenly solve relationship issues that have been exposed by this new found money so I want you really really really to lean into that and a good friend of mine asked me this morning he said his daughter's getting ready to get engaged and he wanted advice on what to tell the young man talking to him about his hand in marriage to his daughter I said uh FPU and pre-marriage counseling you have a pre-marriage counseling alone will set you up detailed in depth Rachel and Winston did it Denise and Bill did it Daniel and Allison did it and I mean they're these poor people are married into the Ramsay family they need counseling so um right and it's yeah deal with the family of origin that looks like this one oh my God and so um yeah you you got to do it Molly that's the thing now the reason I would tell you a yes on a prenup is not because of what you're concerned about with him it's because anytime there is a great disparity like a huge pile of money like you've got versus no money like he's got it brings out weirdness in the extended family like like his mother leans over and says well honey you don't have to work so hard you know it brings out weirdness in the extended family and there's always crazy in Every Family folks and if you think there's not crazy in your family that means it's you so you you've got to know that this million and a half is going to warp your relationship with them and one of the things a prenup does is it helps him not be susceptible to the other family influences that are weirded out by this money okay okay it doesn't fix him but it gives you guys some tools to say look this money is just not accessible for that it's not accessible for mosquito Joe sorry we're not doing it by the way mosquito Joe is a great little franchise we're actually a customer yeah so the great financial Prospect yeah and you guys um I me you'all have been together what since 16 years old 17 yes ma'am yeah so I mean uh and again not that you can't marry your high school sweet Heart by any means but I I mean I do I do think a good counseling or therapy honestly before you walk into this is going to be huge because there's habits or routines or um just this kind of like way you guys have been doing life since you're 177 yeah that having a professional sit down and kind of just shake up the the dynamic a little bit change the high school romance into a good yeah I'm like because it's a it's a totally different ball game and you're kind of feeling that now all of a sudden when you're out on your own and here's your soon to be husband thinking oh my gosh is he going to is is he going to you know carry his weight and all of that needs to be exposed and fleshed out beforehand so you're not crazy Molly this is yes FL because the disparity is so wide I would get a prenup otherwise I would not folks and I don't think the prenup is going to fix the relationship create your free every dooll budget today 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