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Home : Planning Your Finances : Planning for Life Events : Getting Married : Getting Married Again
Getting Married | Buying a Home | Raising a Family
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Getting Married
Getting Married Again
It’s common for people to marry more than once. If you or your intended spouse have been married before, it’s
important to understand any past obligations that may affect your relationship, and to be clear about how best
to combine your individual finances.
Children
If you or your new spouse have children from a prior relationship, you will need to discuss issues of custody
and financial support. These issues can be complicated and may require consultation with a qualified professional.
Claims on Present or Future Finances
Your previous marriage may have left you with alimony, child support, or other financial obligations. This could
potentially put a dent in your finances and a strain on your new relationship.
Estate Planning
When planning to remarry, it’s a good idea to revisit your will, insurance policies, investments, and any
retirement savings plans you may have. You may want to consider modifying beneficiary designations wherever possible.
Prenuptial and Postnuptial Agreements
If you have previously been married, you may want to consider executing marital agreements, especially if you have
significant assets or children from a previous relationship. These agreements can be made before and after you are
married and help define what happens in the event you separate, divorce, or one partner dies.
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Transamerica and its representatives do not give tax or legal advice. The material provided is for informational purposes only and should not be
construed as tax or legal advice. Clients and other interested parties must rely solely upon their own tax and/or legal advisor regarding their particular situation.
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