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The Financial Pros and Cons of Marriage

Dawn Cardi is a founding associate at Cardi & Edgar LLP. She has great revel in in company and securities regulation, and has spent dozens of years as a matrimonial attorney, representing people in divorce and custody court cases. She joins Stacy Francis to talk approximately the financial blessings and downsides of both formal marriage and common regulation marriage.

 

People are frequently stunned to learn that when they get married, the whole thing they earn, besides for positive exceptions, will become marital property irrespective of whose call it’s miles in. Exceptions 相親香港 include inheritances and 1/3 birthday party presents that you don’t commingle into your joint bank account.
The biggest issues for not unusual regulation spouses, in keeping with Dawn, are that they may be not gathering joint wealth that may be disbursed in the course of a divorce, they’re now not collecting joint retirement monies, and they’re not eligible for spousal help.
Dawn recommends that couples signal postnuptial agreements if one spouse is going to be a stay-at-home parent, or if the couple is shifting in a foreign country to an area wherein one spouse can not get employment.
Statistics show that divorced women over the age of sixty five are the maximum probable ladies to live beneath or at the poverty line.

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