Because money doesn’t come with instructions.SM Peggy Eddy, CFP® Robert C. Eddy, CFP® Brian W. Matter, CFP® Matthew B. Showley, CFP®
Newlywed Checklist
The next best thing to saying “I Do” could be the careful and thorough planning to appropriately setup your financial future together. Statistics have shown that financial issues are the primary reason for failure in marriage. We hope this list helps you get off to a good start.
Step 1: Name Change In marriage, one or both of the couple may end up changing their name. Consider these steps if you will be changing or already have changed your name.
Before the Wedding Let your employer know of your planned name change so they can begin making the necessary changes and will be ready when you return from your wedding / honeymoon. When booking travel plans for the wedding or honeymoon, make sure that you use your maiden name. If you fly, or travel internationally, you will not have the documentation (i.e., passport, driver’s license, etc) in time with your new name on it. You need to have a picture ID that will match the name on your travel documents.
After the Wedding & Honeymoon Social Security – your first step should be to obtain a new Social Security card. You typically need a copy of your marriage license, the Social Security name change form, and a copy of your current identification (i.e., Social Security card, driver’s license, or passport) for the person changing their name. After receiving your new Social Security card, you may need to consider changing your name on some or all of the following: o Driver’s license o Vehicle registration o Title to property (i.e., house) o US Passport o US Postal service (i.e., PO box or change of address) o Utility companies (i.e. phone, cable, gas, electric, trash, etc) o Financial organizations (i.e., banks, credit cards, insurance, retirement plans, loans) o Medical Organizations (i.e., medical and dental insurance) o Prescriptions o Voter registration o Tax documents o Employer human resources o Groups or associations Find a copy of a sample letter you can use to change your name at Exhibit 1.
At MissNowMrs.com, name-changing packages provide you with all the necessary government forms and notification letters. You just answer some questions once and all of the documents auto-fill with your information. The service (costs $30) also includes detailed instructions for filing each form.
8880 Rio San Diego Drive, Suite 1150 | San Diego, California 92108-1690 (619) 298-3993 | (800) 615-6666 | Fax (619) 298-1976 www.myccmi.com
Step 2: Organize your Financial Future Together After you have completed changing your name(s), now it is time to organize, analyze and map out your financial future together. Seeing a financial planner can be beneficial in setting up a successful financial future. Here are some of the areas you will want to consider: