Thursday, September 17, 2009

Blending the Money in a Blended Family


By: Mary and Bill Staton
Posted By: Michael Herscovici

First comes love. Then comes the second marriage, and the blended family, and the financial surprises. Blended families face special financial challenges. Should you sign a pre-nuptial agreement? What if he's saved for his children's college education, but your kids have no college fund? Maybe your kids are accustomed to expensive extracurricular activities, and his aren't. How can you unite a blended family when it comes to money?

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