Getting Married
Deciding to get married is an exciting time, but it can cause significant financial stress and force changes to a couple’s financial situation.
Some questions you may wish to consider include:
As you prepare to get married, you may need to review your finances and make financial decisions as a couple. Things to consider are:
- How do we budget to pay for our dream wedding?
- What are the joint financial decisions we should be thinking about now we are getting married?
- What considerations do we need to make when joining our financial situations?
- Do we need a Will when we are married?
- Do I need to protect my partner in the event something unforeseen happens to me?
- What types of insurance are there?
- This is my second marriage. What do I need to consider?
- Do we need a will once we are married?
How can a financial planner help?
Consulting with a financial planner can help your answer and prepare for the following:
- Review and help you set goals and timeframes.
- Review and analyse your joint income and spending patterns.
- Review financial commitments and debts.
- Review your individual and joint investments.
- Identify opportunities to save money.
- Recommend savings or investment products to achieve your goals.
- Review, recommend and arrange appropriate insurance.
- Identify if you need to talk to a solicitor about a new Will.