07/02/2013 11:23 am ET

Boomer Weddings: What To Do Before Marrying Assets


There is a lot of sensitivity around money and marriage at any age, but for those that are taking the plunge again, it is important to decide how you and your fiancé will combine your finances.

Financial planning for a second marriage is always a lot more complicated than the first time you got married. You might have acquired more assets, you might have children to think about, a business interest, or you might have an ex-spouse who is entitled to your earnings or benefits. It is important to plan even more carefully this time around, especially considering you are now familiar with the financial consequences of divorce or the death of a spouse.

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