Only Fee-Only

#35 - Making Prenups Less Taboo - Kaylin Dillon


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Kaylin's Bio:

When my dad died his life insurance policy was supposed to name my sister and me as the beneficiaries according to his divorce agreement with my mom. It turned out he had changed the beneficiary to his new wife. I was a teenager, and this was my first time learning that there’s no one out there making sure people stick to their legal agreements. It seemed bizarre to me that the only mechanism to enforce an agreement is to pursue someone legally after they’ve broken it. Surely lots of people don’t even mean to break their agreements, right?

When my husband and I got married we first signed a prenuptial agreement. By that point I’d already learned that it was up to us to make sure we upheld the terms of our own agreement. We didn’t have an authority figure reminding us how to title our accounts and property, paying attention to which accounts should receive what type of income deposits, or making sure we maintain life insurance, as we’d agreed to do. But I started thinking: wouldn’t it be nice if we did?

Financial advisors are in a unique position to help families proactively keep family law out of their family’s choices.

Whether it’s for a divorce or a marriage, couples don’t enter into marital agreements lightly. This is why I care about helping couples uphold the agreements they’ve made all the while helping them plan confidently for their future together.


Kaylins Social:

Twitter: @kaylindillonfin


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