6 MONTHS PRIOR:
1) Have The Money Talk
Time to lay it all out—income, debt, spending habits, and your big dreams! Create a joint budget that works for both of you. Check credit reports now—fix any surprises before they become problems. Prenup? If you’ve got kids, assets, or a business, this is your safety net.
2) Set Your Wedding Budget
Ensure your costs align with savings for your fairy-tale wedding! Pro-tip: Set a max budget and stick to it—no last-minute splurges!
3) Shop For Health Insurance
Will one of you join the other’s employer-sponsored plan? If not, explore individual health plans early. Marriage is a qualifying event to elect health insurance. It’s important to note that most health plans require enrollment within 30-60 days of marriage.
4 MONTHS PRIOR:
1) Meet With A Financial Planner
Even a one-time session with an expert can help map out your savings, retirement goals, insurance needs, and investments! Discuss a possible joint bank account, and secure your Term Life Insurance to protect each other financially. Rates are better while you’re young and healthy!
2 MONTHS PRIOR:
1) Update Beneficiaries
Bank accounts, life insurance, utilities—make sure everything reflects your new status.
2) Tax Filing Strategy
Married filing jointly? Separately? A quick chat with a tax pro could save you thousands. Don’t leave money on the table!
30 DAYS AFTER YOUR WEDDING:
1) Update Legal Documents
New name? New game! If you’re changing your name or address, attack that paperwork fast. DMV, Social Security, passports—check them all off!
2) Wills & Powers Of Attorney
No will? Protect each other legally and financially with updated estate documents—especially with kids or property. Estate planning isn’t morbid. It’s power!
3) Get Expert Guidance
Your marriage is a partnership—financially, emotionally, and strategically. Don’t navigate it alone. These local experts specialize in helping newlyweds make confident, informed decisions about insurance, taxes, and planning their financial future together. Start strong, stay smart, and build a future that’s unshakable!
AUTHORS: Courtney Peterson, Nick Williamson, Erich Niederlehner, & Ben Hein
Peterson insurance & financial services
williamson cpa firm
trusted elder law & asset protection pensacola
Heinsight Wealth Stewardship