Author Description

Written for anyone contemplating -- or already in -- a remarriage, this book is a complete and indispensable guide to the financial systems, options, and solutions that work. Here, told in a lively, anecdotal, and empathetic manner, is everything you need to know about handling your money in a remarriage, as well as resolving the complicated emotions connected with the subject. Anyone who has said "I do" more than once knows that the financial considerations of a remarriage are remarkably different from those of a first marriage. Remarrieds walk down the aisle with a heavy train of financial responsibilities -- especially if they have dependent children from another marriage. They may bring unequal assets to the union. They often face financial strain when they decide to have a child. They are financially tied to former spouses -- even husbands of former spouses. Figuring out how to deal with these complexities at the same time one is dealing with the other aspects of remarriage can seem overwhelming. By providing financial-planning advice and ideas, illustrated with solutions other remarried couples have come up with, Money Advice for Your Successful Remarriage helps you deal sensibly, practically, and constructively with the countless financial aggravations and pressures that occur in remarriage. Topics addressed include: allocating assets fairly; whether or not to have a prenuptial agreement; deciding where to live and how to pay for it; sending the children/stepchildren to college -- whose responsibility is it, anyway?; establishing a viable checking system; sharing everyday financial chores; drawing up an estate plan that's fair to all family members; saving intelligently for retirement. Money Advice for Your Successful Remarriage addresses less concrete but equally "hot" interpersonal issues: communicating effectively about financial matters; resolving disputes arising from different money styles and approaches to money;