Whenever there is a life event such as a marriage, divorce, death, or a birth you need to review and update the beneficiary designations on your various accounts.
Couples are marrying later in life, and that means merging two households.
We talked about newlyweds in June and now that they are back from their honeymoon there are some mundane but necessary details that need tending to.
Unfortunately, married couples frequently fight over money, but with a little effort and planning they may be able to stay out of divorce court.
I’ve heard so many sad stories regarding beneficiary designations.
According to research by Utah State University, married couples that frequently fight over money are more likely to split up.
Talking with your adult kids about your money, or lack of it, is not an easy conversation to have.