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November 5, 2006

Pre-existing Responsibilities, Second Marriages and Finances

Posted by Filed under Marital Agreements.

Marital (pre and post) agreements can help assure that each spouse’s legal obligations and expectations are met - even if the new couple remains together until one of them dies.

Many people sour on marital agreements don’t really grasp that - or the legal and emotional obligations that may have arisen out of a prior marriage and/or existing children.

When embarking on a second (or later) marriage, communication and analysis before the wedding about each party’s financial situation is even more important than in a first relationship.

These may spawn individual and/or joint action plans for couples to work on before the wedding.

Read more in this Portsmouth [NH] Herald article: ‘I do’ — again: Money does matter when remarrying.

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