Are you about to embark on a second marriage? Congratulations! It’s wonderful to rediscover wedded bliss after divorce or the loss of a spouse.
However, in the midst of planning for the celebration, there’s another plan you need to make – a financial plan. Protecting your assets, for yourself and your heirs, is vital, and a second marriage can create a host of unexpected pitfalls if you don’t prepare.
We highly recommend this recent article on MarketWatch.com entitled “Smart Money Moves to Make Before a Second Marriage.” The author lists four specific financial actions to take before you walk down the aisle. These tips are simple, but essential if you want to avoid losing the assets you’re counting on in your senior years.
Yes, it’s great to celebrate this new relationship! But don’t let bad planning turn your celebration into a nightmare.
This article was produced by MarketWatch.
