Financial questions to ask before getting married again

Financial questions to ask before getting married again

| Dec 13, 2018 | Divorce |

Your divorce taught you a lot about your finances. Maybe you split up because of financial problems; money is a common reason that couples cite when asked. Maybe you just found out more about dividing up assets and what financial red flags to watch out for. Maybe you had look at your finances in a brand-new way once you were on your own.

Maybe those things are all part of it.

If so, you need to ask some important financial questions if you’re thinking about getting married again. You can apply what you learned in the divorce and prepare yourself. Some questions are:

  • Are the ways that you both look at money actually compatible in a relationship?
  • Do you know what your new spouse’s credit history looks like?
  • Is your significant other paying or receiving alimony?
  • Are they paying or receiving child support?
  • Do they have a lot of debt that you may have to deal with after you tie the knot?
  • Are you going to have a blended family, and will that change your financial outlook at all?
  • Are there things you can do to protect your own assets the second time around? Perhaps you lost a lot in the first divorce and you want to make sure that does not happen if you wind up getting divorced again. No one likes to think about it, but it’s a potential outcome, as you know so well.

Both marriage and divorce can change your life significantly, and they can change it forever. Make sure you know exactly what that means and what legal rights you have along the way.