Kelly Schwab speaks with CNBC on the viral TikTok video “looking for a man in finance, [with a] trust fund” and the importance of signing a prenuptial agreement.
When TikToker Megan Boni sang about trying to find a “man in finance” with a “trust fund,” the world took notice. However, landing a Wall Street “finance bro” does not guarantee financial security and can come with risks, according to some experts.
If you plan to wed, it may be worth determining how you and your spouse would each protect your assets and financial interests in case you end up going your separate ways. Kelly Schwab, a family and matrimonial attorney at Chemtob, Moss, Forman and Beyda, LLP in New York City, explains the importance of signing a prenup, as well as having your own legal representation to help you negotiate the contract and meet your needs without a conflict of interest.
When TikToker Megan Boni sang about trying to find a “man in finance” with a “trust fund,” the world took notice. However, landing a Wall Street “finance bro” does not guarantee financial security and can come with risks, according to some experts.
If you plan to wed, it may be worth determining how you and your spouse would each protect your assets and financial interests in case you end up going your separate ways. Kelly Schwab, a family and matrimonial attorney at Chemtob, Moss, Forman and Beyda, LLP in New York City, explains the importance of signing a prenup, as well as having your own legal representation to help you negotiate the contract and meet your needs without a conflict of interest.
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