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Valentine’s Day and healthy marital finances – With Valentine’s Day quickly approaching, Chris Boyd and Jeff Perry dig into why and how good financial communication between spouses/partners is essential to a happy long-lasting...
Valentine’s Day and healthy marital finances – With Valentine’s Day quickly approaching, Chris Boyd and Jeff Perry dig into why and how good financial communication between spouses/partners is essential to a happy long-lasting relationship. Jeff shares how he and his wife Lisa have a monthly financial review meeting. The conversation turns to a study discussed at the link noted below from the Bowling Green State University’s National Center for Family & Marriage noting that 31% of those 65 and over are remarried. The article goes on to discuss important things to consider when remarrying later in life, including the need for a pre-nuptial agreement, revised estate planning documents and excellent communication between the spouses. Chris and Jeff discuss common issues of family strife that occur when there is not clear financial expectations between the parties and their families.
https://www.aarp.org/money/investing/info-2023/financial-checklist-before-remarriage.html
