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Life Event: Getting Married
Getting married is a momentous time in any person’s life. From a financial point-of-view, it provides an opportunity to share costs and plans, but there are also financial challenges and risks at stake. By planning your finances together, you can make sure that both your needs are met and avoid problems later on. The key is sharing the decision making. Some aspects to consider:
Anti-nuptial contract (with or without accrual) or community of property
Managing joint budgets
What would happen if the relationship ended or if a partner dies?
Civil unions and money matters
Looking after your parents and your kids financially? The sandwich generation