That person might also want to provide for these children in the sharing of his or her estate and not want the new wife or husband to have all of the rights that might be given by law in the absence of a premarital contract. This is especially true when a man and a woman are remarrying late in life for companionship and do not want all of the legal entanglements that would otherwise be involved in marriage. You should consult a lawyer if you think you might need such an agreement. I. Taxes As a married couple you can file a joint income tax return with both the state and federal governments if you were married by the end of the tax year. A joint return can often save you money, but its advantages depend on each couple's individual financial situation.
Some married taxpayers are better off filing separate returns.
Before you buy real estate, have a lawyer draw up or review your sales contract for the house and examine the title to the property. Your sales contract, not your deed, determines your legal obligations in a real estate transaction. Only a lawyer is competent to look out for your interests in this area. The lawyer is in a better position to help you avoid problems if you contact him or her before signing the contract. As soon as you get married, you should begin keeping an accurate record of your financial affairs.