Newspaper article The Topeka Capital-Journal

Discuss Money Matters before Getting Married

Newspaper article The Topeka Capital-Journal

Discuss Money Matters before Getting Married

Article excerpt

Dear Bruce: My husband and I recently tied the knot. We were both married before. Neither of us came into this second marriage with a great deal of money, but we both own a home with a large mortgage.

What should happen to the money if we sell one of the houses, which we are inclined to do? In other words, if my house is sold, shouldn't I be able to keep the money? My husband thinks it should be split 50/50. What do you think? -- Mary

Dear Mary: This is not an uncommon problem and one that should have been addressed before the marriage. That having been said, you may have to make a bit of a compromise.

I don't think it's unreasonable to say that the profit from that house should go to you, but then, what about the profit on his house? Should that be put aside for him, if and when it's sold? …

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