FamilyLife Blended® Minute

Financing Togetherness

with Ron Deal | April 15, 2021
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A pre-nup. You want us to do a pre-nup?
  • Show Notes

  • About the Guest

  • Financial planners often encourage pre-stepfamily couples to get a "prenuptial agreement," but that feels like you're planning for a divorce. A much better way is something I call "A Shared Covenant Agreement" which helps stepfamily couples manage their daily expenses, discuss insurance and retirement, and do estate planning for their children and each other. It builds confidence in how money will be used in your complex family. Don't let money issues divide you; instead finance togetherness.

A pre-nup. You want us to do a pre-nup?

Financing Togetherness

With Ron Deal
|
April 15, 2021
| Download Transcript PDF

Ron: A pre-nup. You want us to do a pre-nup?

Announcer: For FamilyLife Blended®, here’s Ron Deal.

Ron: No, actually I don’t. Financial planners often encourage pre-stepfamily couples to get a “prenuptial agreement,” but that just feels like you’re planning for a divorce and that anyone who wants one really isn’t committed to the marriage. Well, there is a much better way. Something I call a “Shared Covenant Agreement” helps stepfamily couples manage their daily expenses, discuss insurance and retirement and do estate planning for their children and each other.

Now get this, instead of planning for separateness, it finances togetherness and builds confidence in how money will be used in your complex family. Don’t let money issues divide you; instead finance togetherness. For FamilyLife Blended I’m Ron Deal.

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