🩻 The Most Important Decisions of Your Life – Marriage, Prenup, and Postnup

Over 60% of marriages after 2020 will likely end in divorces

When we think about life’s most critical financial decisions, we often consider buying a house, investing in stocks, or planning for retirement.

However, marriage is perhaps your most significant financial decision ever.

This is especially true for those focused on investing, building generational wealth, and optimizing tax strategies.

While love and companionship are invaluable, marriage’s legal and financial implications can profoundly impact one’s wealth trajectory.

With divorce rates projected to exceed 60% for marriages after 2020, it’s imperative to approach this life event with the same strategic planning you apply to your investment portfolio.

The Financial Implications of Marriage

Merging Assets and Liabilities

Marriage is not just a union of two individuals; it’s a legal contract that merges assets, debts, and financial responsibilities. This union can significantly affect:

• Asset Protection: Without proper agreements, personal assets—including investments, real estate, and business interests—can become marital property subject to division.

• Taxation: Marriage alters your tax status, impacting income taxes, capital gains, and estate planning strategies.

• Estate Planning: Spousal rights can supersede wills and trusts, affecting the transfer of wealth to future generations.

• Credit and Debt: One spouse’s debt can affect the other’s credit score and financial liabilities, potentially hindering future investment opportunities.

Risk to Generational Wealth