Jesse and Gabe sit down with Allison Schraf, a Senior Wealth Planner at Cobblestone Capital Advisors, to discuss the pros and cons of couples (whether married or not) combining their finances. Topics include:
– the importance of communication, transparency, and compromise.
– practical advice on creating a household budget, allocating expenses, and managing joint finances.
– the importance of updating beneficiaries and life insurance coverage after marriage, and updating personal property coverages.
– the need to periodically review and update these arrangements to ensure they align with changing financial needs and circumstances.
Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
