Here is some advice for widows that are thinking about getting into a new relationship. Couples need to address money issues early if they have any hope of sustaining a happy relationship.
Hold on to your independence: No matter how long you have been together keep at least one credit card in your name only.
Watch your property: You have every right to retain 100 percent ownership of anything acquired before your new marriage.
Know his credit status: Even if your man seems to have it all together, don’t assume he has no debts.
Talk about your financial goals: Do you have the same values with money? Does he miss payments or bounce cheques? When do you plan to retire and who is paying what? Do either of you plan to help out the kids or aging parents?
Don’t wait to find out that you’re not a financial match. It’s a huge financial loss if this marriage doesn’t work out and he walks away with some of your assets.