5min chapter

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Preparing for death, divorce & dementia

The Martin Lewis Podcast

CHAPTER

How to Talk About Hard Stuff

Finance is one of the biggest causes of divorce because people have different financial personalities. Death, divorce and dementia all mean that they need to be at least remedially equipped to deal with the finances. The first big warning about those 3D's death divorce dementia is an understanding that it could happen to you or your partner. You need to make sure that the other person is prepared for that eventuality. I think everybody who is in a couple where you have shared financial commitments should be creating what I call a financial fact sheet. Of 30,000 respondents, 80% said one partner dominates doing all the finances.

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