Our clients get remarried for a variety of reasons. As exciting as this is, it often triggers unique thoughts and questions…will we share our income / expenses equally? I have kids from a previous marriage, and, when I die, I would like my assets to go to them rather than my spouse…is that okay? Do we have to combine our financial / bank accounts or can we keep them separate?
First of all, give yourself permission to ask these questions and feel the way you do. Then talk through ALL of the hard questions BEFORE you get remarried. If you are already remarried, talk about them NOW! Get your wills and estate documents updated to reflect your desires. Update your beneficiaries on your life insurance and retirement accounts. Make sure you and your new spouse are on the same page so you can freely enjoy your new marriage!