Wednesday, September 12, 2012

Things to Know About Your Spouse's Finances

http://finance.yahoo.com/news/things-know-spouses-money-183711277.html

You wouldn't merge companies without combing through a potential business partner's finances. In financial terms, the joint venture known as marriage is similar.


Sound unromantic? Consider this: the most commonly cited cause of divorce in the U.S. is unexpected financial stress. So it follows that one of the wisest ways to protect a marriage is honest financial openness and planning.
"Regardless of your attitudes about money, spouses must give full disclosure on their finances because each person is liable for the other," says certified financial planner Dean Harman of Harman Wealth Management.
Want to be good at the business of marriage? Take a deep breath and put everything on the table.

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