Summer in Wisconsin is a busy time for weddings! And while they’re full of excitement, it’s just as important to plan for what comes after the big day. From prenups to estate planning to setting shared financial goals, below I outline some tips for how to cover your bases and build a secure future together.
1). Consider a Prenuptial Agreement
Talking about prenups isn’t exactly romantic, but it is smart. A prenuptial agreement is a legal document you sign before getting married that outlines how assets and finances would be handled if the marriage ends in divorce or death. While they’ve gotten a reputation for being just for the ultra-wealthy, prenups are actually useful for couples at any income level.
Maybe one of you owns a business, has inherited property, or just wants to make sure everyone’s on the same page about money. A prenup can help protect what’s yours, define financial responsibilities, and avoid messy conflicts later on. For the prenup to be legally binding, both partners need to sign it willingly with full financial transparency. It’s also a good idea for each of you to have your own lawyer review it to make sure it’s fair.
2). Figure Out Shared Property Ownership
Once you’r ...
