Topics worth discussing before you marry

On Behalf of | Feb 27, 2022 | Family Law

You are in love and want to spend the rest of your life with your one and only. Marriage is the logical next step.

Before tying the knot, it behooves both of you to review a host of unromantic topics. Keep in mind that you are signing a contract with a significant lifelong impact.

Talk about children

Some people do not want kids, while others do. Communicate with honesty on this matter. That way, differing desires do not become a point of contention. Arguments about this subject alone can lead to a contentious divorce.

Assuming little ones are desirable, you need savings to raise them properly. It makes sense to include them in your will. Consult with an estate planner regarding your wishes.

Talk about money

Spending is a point of contention between spouses. Be sure you are on the same page when it comes to what purchases are acceptable. Discuss whether you wish to have a joint bank account or keep monies separate. Prenuptial agreements are more popular now than ever. Be frank with one another when it comes to the possibility of signing one.

Talk about business

If one of you owns a company, that legal entity becomes communal property. Should a divorce happen, the value gets split evenly. If estimating its worth proves difficult, the other person may try to become a partner. Consider adding a clause in your prenuptial agreement addressing ownership.

Marriage is about more than champagne flutes, rings, and kisses. It’s also a legal decision. Never announce your coming nuptials before discussing these and other matters.