Broker Check
Getting Married Checklist

Getting Married Checklist

June 14, 2021

Getting Married Checklist

 

General information

 

Yes

 

No

 

N/A

1. Has relevant personal information           been gathered?

·         Names, ages, health statuses

·         Dependents

·         Children from previous marriages

 

 

 

2. Has financial situation been           assessed?

·         Income

·         Expenses

·         Assets

·         Liabilities

 

 

 

Notes:

 

 

 

 

Money management

 

Yes

 

No

 

N/A

1. Have assets been itemized           separately/together?

 

 

 

2. Have debts been itemized           separately/together?

 

 

 

3. Has an apportionment of           responsibility for expenses been determined?

 

 

 

4. Have separate/joint savings plans           been discussed?

 

 

 

5. Will separate/joint checking/savings           accounts be used?

 

 

 

6. Has a record-keeping system been           devised?

 

 

 

7. Are there any credit history           concerns?

 

 

 

Notes:

 

 

 

 

Housing

 

Yes

 

No

 

N/A

1. Homeowner?

 

 

 

2. If not, is a home purchase           planned?

 

 

 

3. Have home ownership options (e.g.,           joint, sole) been considered?

 

 

 

Notes:

 

 

 

 

Insurance planning

 

Yes

 

No

 

N/A

 

 

 

 

2. Will separate health insurance plans           be maintained?

 

 

 

3. Will health coverage be           combined?

 

 

 

4. Does life insurance need to be           purchased/upgraded?

 

 

 

5. Does automobile insurance need to be           purchased/upgraded?

 

 

 

6. Does homeowners/renters insurance           need to be purchased/upgraded?

 

 

 

7. Does disability income insurance need           to be purchased/upgraded?

 

 

 

8. Does personal liability insurance           need to be purchased/upgraded?

 

 

 

9. Will beneficiary designations be           changed?

 

 

 

Notes:

 

 

 

 

Investment planning

 

Yes

 

No

 

N/A

1. Have investment profiles been           determined separately/together?

 

 

 

2. Have investment goals           separately/together been considered/prioritized?

 

 

 

3. Has size/frequency of investments           been determined?

 

 

 

4. Are separate/joint investments           contemplated?

 

 

 

5. Are there current investments?

·         Stocks

·         Bonds

·         Mutual funds

·         Annuities

·         Real estate

·         Art/collectibles

 

 

 

Notes:

 

 

 

 

Retirement planning

 

Yes

 

No

 

N/A

1. Is a retirement plan available?

·         IRA

·         Employer-sponsored retirement plan

·         Beneficiary designation

 

 

 

2. Will one or both plans be           funded?

 

 

 

Notes:

 

 

 

 

Estate planning

 

Yes

 

No

 

N/A

1. Is there a will?

 

 

 

2. Will changes be made to the           will?

 

 

 

3. Is there a trust?

 

 

 

4. Has setting up trusts been           considered?

 

 

 

5. Have durable power of attorneys been           considered?

 

 

 

6. Have health-care directives been           established?

 

 

 

7. Are spousal property transfers           anticipated?

 

 

 

8. Is there a concern about equalizing           estates?

 

 

 

Notes: