Retirement Weekly: Why couples should prepare for divorce before the wedding

This post was originally published on this site

If there is statistically a 50% chance of something happening to you, you might decide to prepare for such an event, just in case.

Divorce falls into this category. Planning for divorce and taking steps to reduce one of its major causes is something every engaged and newly married couple should earnestly do to cover all the bases.

Engaged couples spend countless hours planning their wedding and honeymoon. With two marriage-age children of my own, I hear many discussions about choosing a wedding planner, venue and dress. What I rarely hear are conversations around selecting a CPA or financial adviser, or developing a prenuptial agreement. Discussing and planning the couple’s financial future is of paramount importance and should be prepared for accordingly.

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