As things begin to grow serious for dating Connecticut couples, marriage may become the next step. Thinking about planning a wedding can be exciting, but the foundation of a good marriage is laid when couples learn to communicate openly and honestly. The state of one's finances, including debts, should be discussed with his or her intended spouse, and both should have a clear idea of how the other manages money. Discussing the possibility of a divorce and implementing a prenuptial agreement may be a saving grace later down the road.
A wealth educator in another state has begun a program that offers couples a format for discussing their current financial situation and future financial goals along with the emotions that may be tied with money. The course ranges from six months to one year and offers worksheets, homework and lots of discussions on the topics of money, finances and future planning. The work that is completed by the participants often leads to a solid marriage and a clear financial picture.
Waiting until close to the wedding to have these discussions with a spouse-to-be can create unwanted negative emotion during what should be one of the happiest times of one's life. By utilizing the workshop, couples work through the financial baggage so that they have a better understanding of one another, and the process also encourages communication, which is important in any marriage. Most will often work out an agreeable prenuptial agreement that will outline what each party should expect financially should the couple divorce.
Thinking and planning for a divorce before a couple is even married was once thought to be a bad omen. Today, many young Connecticut couples are seeing the benefits of a prenuptial agreement and talking through financial aspects of the relationship prior to marriage. With the guidance of their separate legal counsel, the parties can be sure that a prenuptial agreement will be legally sound and binding and will address their current and future needs.
Source: The New York Times, "Getting Married? Forget Sweet Nothings; Let's Talk About Money", Paul Sullivan, April 27, 2018