What are important financial items to address for married couples?

“In my house I’m the boss, my wife is just the decision maker.”

Financial Checklist for Married Couples

Get Finances In Order

• Create a realistic budget
• Reduce or eliminate bad deb
• Establish an emergency fund
• Determine joint or separate accounts

Updates

• If changing name, update driver’s
  license, passport and other documents
• Consider making your spouse the
  beneficiary on all accounts
• Review your health insurance and
  be sure it covers relevant medical
  expenses (i.e., prenatal care)
• Consider updating your tax filing
  options (W-2 tax exemptions)

New Considerations

• Create a will
• Purchase life and disability insurance