A prenuptial agreement, also known as a "prenup" is a set of expectations for the division of assets and finances in the event of a divorce, separation, or death of a spouse.
Cynthia Loh, vice president of digital advice at Charles Schwab, says that one way to talk about getting a prenup or creating an alternative plan for one is with a "pre-prenup" conversation. A couple doesn't even have to go through with a prenup to reap the benefits. Talking about one will inspire conversation about financial goals, assets, liabilities, income expectations, future children, and other topics that are best to cover before marrying. This is particularly important for millennials because:as Millennials prioritize careers and societal norms shift. Millennials come into a marriage with more debt from student loans and credit cards.
A business school professor once told my class that choosing your partner is the biggest investment decision you'll make. You would never invest in something without talking about the terms of engagement, so why enter a marriage without laying out a concrete financial plan?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Uuug... So it's like 'Hi, if I dont love you in oh...say 10 years? Then I keep this and you keep that'.....blah blah blah blah. Nice way to say I love you forever; with an expectation (and contract) for failing already in place. Death is different. We call them wills/trusts
If you think you need a prenup I suggest not getting married.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside The Athletic's layoffs, executive pay cuts: 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Biden's Instagram influencer strategy, virtual campaign - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Great Twitter Numbers One Two Three Four Five Six Seven Eight Nine Ten Eleven Twelve Thirteen Fourteen Fifteen Sixteen Seventeen Eighteen Nineteen Twenty. BIDEN=CHILD ABUSER 😤😠
Source: BusinessInsider - 🏆 729. / 51 Read more »
BI's Money Council on creating a financial plan to reach your goals - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
I learned 2 money lessons from saving canned veggie labels as a kid - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I agree, the promotions did have value in this way. But modern Programs expect the kids to actually pay the cost of whatever the item is. They are no longer good-will giveaways. So after you eat 20 boxes of cereal to get a bumper sticker; You NEVER want that cereal again. NEVER.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Be mindful, stay well — and work on that financial plan - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Creating an investment plan can be as easy as planning a 'baecation' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😌
Source: BusinessInsider - 🏆 729. / 51 Read more »