Premarital Financial Planning: Premarital Mediation
What is Premarital Financial Planning? Before taking the leap into marriage, it is of the utmost importance to discuss what it will look like when the time comes for spouses to combine their assets. Premarital financial planning establishes an organized structure for how finances and/or debt will be tended to post-marriage. This includes student loan debt, […]
What Does a CDFA® do, Besides Divorce?
Previously, we have discussed why it is beneficial to have your mediator also be a CDFA® and the reasons why. Check out that blog here. Now, we will discuss the ways in which it is beneficial for your mediator to be a CDFA® when you are not getting divorced! That may sound odd, but as […]
Don’t Underestimate the Power of a Prenuptial Agreement
As with everything that surrounds us today, relationships have changed in the 21st century. Marriages look vastly different today than they did even 25 years ago. The expectations of one’s spouse have been expanded and modified. There are a lot more families where both spouses work and the traditional rules of who is responsible for […]
Why are Premarital Agreements the New Norm?
There are several reasons why premarital agreements have become more widely used. One obvious reason to me is that the boomer generation has entered a period where they are getting divorced now that their children are grown and out of the house. However, they often remarry and now that they are well into (and likely […]
Premarital and Postmarital Agreements: What is the difference?
You may be wondering what is the difference between premarital and postmarital agreements. Aside from one taking place before the marriage and one after, there are a few distinct differences as well as some similarities. The False, Negative Connotation of Premarital Agreements Most individuals recognize the idea of a “prenuptial agreement,” commonly referred to as […]
Preparing for Marriage the Second Time Around
There are a variety of reasons that marriages fail. I would estimate that when marriages begin, 99% of them are believed to be the real deal. You know, happily ever after. It is rare to find someone who says, “Yea, I got married, but I knew it would never last.” Be that as it is, […]
Top 3 Benefits of a Prenuptial Agreement
While a prenuptial agreement (or prenup) is thought of as less-than romantic, it can be one of the best things you do for your relationship. A prenup has many benefits, especially in a community property state like California. However, less than 10% couples take advantage of all the benefits a prenuptial agreement has to offer. It […]