How Your Views on Money Parallel Your Approach to Life

prenuptial agreement MA

How Your Views on Money Parallel Your Approach to Life   It may seem as if your spending habits have no direct correlation to your life in general, but that couldn’t be farther from the truth. Your views on money are parallel to how you approach life, and that becomes increasingly evident when you have a partner with opposite views. Before tying the knot, it’s important to take a little time to analyze your partner’s view on money, how it relates to your view on money, and how it plays into your relationship dynamic.   Reckless Reckless spending is as wild as you’d imagine. It’s characterized by impulse shopping, overspending,...

Read More

How to deal with the backlash of a partner who doesn’t want a prenup

How to deal with the backlash of a partner who doesn't want a prenup If you’re interested in a prenup — and by all means, you should be — it can be awkward to bring the conversation up with your partner. Even more uncomfortable, however, is discussing a prenup with a partner who is against signing one. When considering a prenup, it’s not about approaching your marriage negatively or anticipating divorce. Unfortunately, that’s what many people think about when they hear the term ‘prenup.’ In fact, that’s what your partner may be thinking if their arms are suddenly covered with goosebumps when you bring it up. In some cases, your...

Read More

Things You Should Talk About As Soon As You Get Engaged

Things You Should Talk About As Soon As You Get Engaged   Congrats! You and your partner have expressed your desire to spend your lives with one another. What’s not to love about that? However, becoming engaged is a signal that things are going to get even more serious, and that you and your partner need to iron out some key components of your upcoming marriage. Sure, you may have talked about dealbreakers and dealmakers previously in your relationship, but when marriage is imminent it’s a whole new ballgame. Here are some things you should talk about as soon as you get engaged. Wedding Budget When people explain the “big...

Read More

5 Things You Should Discuss With Your Partner Before Getting Married

When you get engaged to your partner it’s all fun and games! There’s so much excitement about enjoying the moment with one another, telling friends and family, taking cute pictures, and setting a date! Whether you’re subtly eloping or throwing a big shindig, there’s so much planning to be done! But what about financial planning? Getting your finances in line — and deciding where you want them to go in the future — is incredibly important… but not always straightforward. That’s exactly why you and your partner need to sit down and have a chat — most likely multiple  — and iron out what you want your married finances to look...

Read More

How to bring up the idea of a prenup. Yes, champagne may help.

MA prenup

How to bring up the idea of a prenup. Yes, champagne may help.   Congratulations on your engagement! And, congratulations on your decision to be financially responsible, and get a prenuptial agreement. Although it may not seem like it, you are one of a growing number of people (millennials, especially) making the practice of getting a prenup more and more common. The decision to get a prenup is just the beginning of the process- now, you have to discuss this idea with your future spouse, to make sure they are on board. Keep the following tips in mind to help ease the often difficult prenup conversation:   Take a deep...

Read More

Non-Prenup Related Wedding Advice

Massachusetts Prenup

Wedding Stats: Cut Your Wedding Budget but Not Your Guest List to Increase Your Odds of a Successful Marriage Today, weddings are often a huge production, including multiple events, destination weddings and a website that chronicles the couple’s relationship. Many people often look at the engagement ring and a big wedding as a sign of commitment. However, a recent study finds that the amount of money that a couple spends on their wedding is inversely related to the length of marriage. However, the number of guests at the wedding is positively related to the length of marriage. Less Money on the Wedding = Longer Marriage Two researchers from Emory University...

Read More

Breaking News…Prenups: As Popular With Millennials As Avocado Toast?

wedding planning prenups

Everyone knows millennials love avocado toast. What’s not to love? Crunchy bread, topped with a creamy spread of avocado, olive oil, and sea salt. Yum! Okay, millennials love vegetables on toast, but do they give the same love to marital prenups? The answer is yes! Millennials are getting more prenups than ever before. According to the American Academy of Matrimonial Lawyers (AAML), 51% of lawyers say they have seen a heavy increase in the number of millennials requesting prenups. The lawyers are attributing it to couples marrying at an older age these days. The older the couple, the more assets they have, and the greater need to protect themselves. As...

Read More

Considering a Prenup? Here Are 3 Reasons You Want One

marital prenups massachusetts

Of course, talking about a prenup isn’t on the top of your wedding planning to-do list, but it is something you should consider. According to the CDC, nearly 4 out of 10 marriages will end in divorce. If this doesn’t convince you to discuss prenups with your partner, here are three major reasons that might: Protect your pre-marital assets Undoubtedly, this is the most basic purpose of a prenup—protecting your pre-marital assets. Pre-marital assets are anything that you actually owned before the marriage. This includes real estate, businesses, bank accounts, cars, etc. Don’t forget about inheritances and family gifts. Some states automatically guard inheritance and family gifts as pre-marital property...

Read More

Bridging the Great Divide: What Should I Do If I Want a Prenup But My Fiancée Doesn’t?

wedding planning prenups MA

It’s so much easier to think about wedding dresses, centerpieces and a magical venue when you’ve decided to get engaged – rather than prenups. But with 40 to 50 percent of all marriages ending in divorce, it’s unrealistic not to consider this possibility when contemplating marriage. However, it can be an even more uncomfortable conversation when one partner wants a prenup and the other doesn’t. There are many compassionate ways to help bridge this divide and approach this issue in a collaborative manner so that both parties are equally protected. Freedom of Choice Prenuptial agreements are powerful tools that can be used to protect property interests in many situations- including...

Read More

Top Reasons Why You Need a Prenup

Prenuptial agreements can serve many important functions and serve as a powerful tool to protect financial interests. While protecting a person’s wealth is one important reason for a prenuptial agreement, prenups are not only for the rich. Some of the top reasons to get a prenup include: Pass Separate Property to Children from Previous Relationships Many families today are blended with spouses bringing children from previous marriages and relationships into the new marriage. Spouses may have conflicting interests between protecting their new spouse and children who were born prior to the marriage. The prenuptial agreement may specify what happens to the spouse’s separate property when he or she dies. Without...

Read More