After the initial stage of a new relationship, heads start to rule our hearts. Anyone entering a new relationship may have some concerns about their financial vulnerability. Can you pursue a personal relationship without exposing your personal assets?
Many of us are concerned about the challenges of intermingling our finances with new relationships. Taking the risk of losing what we have worked so hard to achieve plays heavily on many peoples’ minds. What if this new relationship breaks down? Am I going to lose it all and have to start again? Will I have the energy and appropriate state of mind to fight for my own assets? Will the Courts need to get involved to order a property division? This article explores these and other issues relating to new relationships and how to establish the financial ground rules.