My friend lost her husband in January and her intended lost his wife six months ago. She is anxious to marry him. She will move into his hom...

Question

My friend lost her husband in January and her intended lost his wife six months ago. She is anxious to marry him. She will move into his home. He does not want her to bring very much of her stuff into the house. He wants her to merge her finances with his. She received her husband's life insurance, his pension and social security. He wants her to sell her 18 acres of land. She is 73 and he is 80. How should she handle her finances and keep from being taken advantage of?

Answer

They should sign a prenuptial agreement. This is especially true if either of them has children. They also should not comingle their assets. They should keep their money separate and contribute equally to their living expenses, like food, utilities, etc.