Congratulations! You’re getting married! In addition to planning your ceremony and guest list, you may want to take this time do some advance work for financial planning.
We often think of marriage as being all about romance, but at the same time, marriage is also a contract between two people to form a household, potentially to start a family, start businesses, or buy property. As we know that disputes over money are the #1 reason why marriages end in divorce, we have prepared this Pre-Marital Preparedness Checklist to help betrothed couples start their new life on a sound footing.
Some couples may simply need to have a discussion of current assets and liabilities as well as short-term and long-term goals. For other couples, especially those who come to the union with unequal wealth, or those who are providing for children of a previous marriage, you may need to consider preparing a prenuptial agreement.
As an experienced and neutral third party, your Wealthspire advisor will be delighted to guide you through this process.