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Blended Family Challenges And Tips To Overcome Them

With divorce rates hovering around 50% and couples remarrying at a high rate, blended families are becoming the norm in the United States.

A blended family, also known as a stepfamily, is a family unit composed of two people with children from previous relationships coming together to start a  new family.

Techniques To Manage Blended Family Finances

Have An Open And Transparent Conversation

01

Couples must have an open and honest conversation about their finances, including debts, financial obligations, child support, assets, etc.

Consider Merging Finances

02

Merging finances is crucial to the success of a healthy, blended family, and it promotes unity and togetherness between partners.

Consider A Prenuptial Agreement

03

A lawyer’s guidance on the prenuptial agreement can help the couple navigate challenging conversations about money and protect their assets.

The sooner partners discuss the issues that may arise as a blended family, the better. This will foster a healthy, financially sound, and happy marriage.

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