AOL Quotes Matheu Nunn on Prenuptial Agreements for Couples Marrying Later in Life

Einhorn Barbarito firm co-chair Matheu D. Nunn, who co-chairs the firm’s Family/Matrimonial and Appellate practices, was quoted in an article in AOL titled “Tying the knot after retirement? The financial side of marrying (or remarrying) later in life.” The article discusses why couples should fully understand each other’s financial landscape before walking down the aisle.

The article says couples, particularly those marrying later in life, should lay everything on the table: income sources; assets; debts and obligations such as mortgages, credit cards, and medical bills; credit scores; investment and retirement accounts; and legal commitments such as alimony or child support.

“These discussions should happen before an engagement,” says Nunn. “There’s nothing romantic about it, but it takes away the stress of discussing these issues with an impending wedding date.”

Nunn adds that prenuptial agreements are important for all couples because without one, state laws determine how assets, debts and income are divided in the event of a divorce or death.

“Many couples in their 60s have children from prior marriages and accumulated wealth that needs protection,” he says. “A prenuptial agreement allows couples to establish clear financial expectations and preserve their estate plans without legal surprises.”

Read the full article at AOL.