The average student loan balance around the country is more than $34,000. This can have an impact on whether or not a person's marriage is successful. Student loan payments may make it difficult to actually have a wedding, buy a home or start a family. Ideally, California residents who have student loan debt will talk about it with their partner prior to getting married. Doing so can help a couple account for it in a variety of different ways.
3 reasons you might want to consider getting a prenup
When you are planning your wedding, all you can probably think of is spending the rest of your life with your soon-to-be spouse. Divorce is the last thing on your mind. You don’t even want to think about your marriage ending when it hasn’t even begun yet.
Handling insurance during and after divorce
When California couples finalize a divorce, they may still have a number of financial issues to disentangle. Even after the divorce decree has been issued, there will be joint accounts to close or transfer, mortgages to refinance, or insurance policies to change. Indeed, insurance can be one of the most important aspects of post-divorce planning for both parties. The two types of insurance most common in a divorce are health and life insurance.
