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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jun 21, 2004
Page
17
Valentino Sabuco CFP offers a practical 16 point discussion to help couples plan living together. It covers reasons for moving in and goals, future family plans, work and education, health, finances, and potential obligations to manage before cohabiting.
Guidance for couples planning cohabitation covers living arrangements co ownership or landlord Tenant roles. It advises discussing location costs tasks assets debts wills and retirement, and to outline joint ownership and gift terms with legal counsel.
The piece discusses practical steps for couples living together to prevent disputes over money and debt. It covers who pays bills and how to divide expenses, joint accounts and liability, debt attitudes, insurance needs, car ownership, and name changes. Valentino Sabuco, a CFP, is cited as a financial advisor affiliated with Voverns and financialPARTNER.com.
Financial guidance explains that life insurance outside work requires an insurable interest in an unmarried partner to buy and name oneself as beneficiary. Spouses partners and co owners often qualify. consider business partnership if you share ownership of any asset.
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