Remarriage: What are the things that you should know?

“No man is an island.”

It is hard to live life alone. This is especially true if you had a divorce or your spouse passed away, as they were happy until their spouses left them. This is the reason why the same people are considering remarriage or marrying another person, regardless of their age.

However, remarriage is not as simple as the first marriage. There are a number of factors, both familial and legal, to consider. Would your family and friends accept this new relationship of yours? Would you still be in good terms with the family of your previous spouse? Would you and your children still be able to get the benefits of both your first spouse even if you are married to another person?

According to Debra Speyer, one of the most renowned attorneys in the US and author of several books related to marriage, remarriage can be very complex and confusing if not understood thoroughly. In fact, according to her, considering remarriage without consulting an attorney or any legal expert can lead to a whole slew of problems that will not only affect you and your new spouse, but also your family and friends. Therefore, Debra recommends that you learn the possible advantages, as well as the disadvantages, of marrying another person.

Debra also states that most people are confident with their contracts or “prenups” and that they think that these contracts can prevent them from suffering legal or familial losses. However, prenups are not entirely “bulletproof” as Debra put it as these prenups offer little to no protection from marriage laws. Debra also notes that prenups are not effective due to the different rules and implementations of the law in different states. This means that what works in California may not work in other states.

Debra suggests to those people that want to remarry or live in with another person that they should sit down and have a talk with their family, as well as their lawyer. This is because they need to know the possible effects of settling down with a new spouse, and whether it will be advantageous or disadvantageous for them. Paperworks should also be filled up in order to make it clear as to who will be able to handle your finances once you or your new spouse passes away.

For those who have questions about remarriage, Debra can be reached by emailing her at debra@speyerlaw.com.

Category: Articles, Retirement Planning