Hello and welcome to today’s Retirement Matters Podcast. I’m your host. When people over 65 remarry, financial questions can get complicated. How do you split expenses for bucket-list trips? Whose name goes on the deed? Who inherits the house or portfolio: a new spouse or adult children? Elaina Clapper, who married at 76, says, “We just kind of talked about what we were both bringing to the marriage financially.” Eventually, she and her husband agreed that “there are certain bills she pays, and certain bills that I pay,” making things equitable. But experts warn that blending retirement accounts and real estate can be sticky, especially when heirs are involved. Attorney Lee Meadowcroft advises, “Keeping everything very separate seems to work the best, but it’s a rare couple who can actually do that for a long time.” Whether through prenuptials, life insurance or trusts, planning ahead can protect both partners and their families. That’s it for today’s Retirement Matters Podcast. Thanks for listening.
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