Sometimes it’s hard to tell if you need professional help for a problem or if you can handle it yourself. Whether it’s taking care of a common cold, fixing the sink, changing the oil in your car or doing your own taxes. The same question often arises about finances.
For a variety of reasons, many couples, regardless of age, may find themselves living together for a period of time as unmarried partners. If you find yourself in this situation, it’s important to make conscious decisions about how to handle personal and household finances because unmarried partners lack many protections the law extends to married couples.
Last year my grandmother turned 102 years old, and right before her birthday her three daughters started arguing about her possessions -- not her jewelry or her dishes or her furniture, but her 3x5-inch recipe cards.
Despite the best intentions, marriages may not last forever. If you are divorced or widowed, and planning to remarry, you may want to take the opportunity to review and revise your estate conservation strategies.