Getting married? Every woman who is about to be wed ought to ask herself about her finances. Glamour magazine's "More For Your Money" columnist, Barbara Gilder Quint, has these financial tips for the bride-to-be:
1. Closing a personal checking account and opening a joint account. If you've established a good record under your own name - your checks don't bounce, you've borrowed and repaid on time - it would be foolish to close out your checking account. A bank account in your own name is a key piece of your personal financial identity. Many businesses are more impressed by it than a joint account. You may want to borrow, and a bank where you are known is often an easier and cheaper source of loans for the family than a new account.
2. Credit cards and charge accounts. You may think it will simplify life to close out all your charge accounts and use a single set of cards held in your husband's name. Don't.
If there is no activity for several years in any of the old accounts in your name, most credit bureaus will close your file. In that case, you will have no credit history later on if you want to borrow or charge in your own name should you be divorced or widowed, or because your husband's account has been poorly bandied. In addition, creditors often assume that a woman with a joint file has limited, if any, earning capacity of her own. A credit history based on a joint account is better than no credit history at all, but a credit history based on your own personal account is a better bet.
3. Fringe benefits at your job. If you have group life insurance or a pension or profit-sharing plan at your job, you may want to change the beneficiary you have named, making your husband the new beneficiary.
Also, check out your health insurance plan. Under most plans, one person cannot collect benefits from two insurers for a single illness or accident, and you may find that you and your husband have duplicate insurance. Under these conditions, it would make sense for you to drop your plan. Be sure to check, however, whether you have the option of rejoining your plan later on, should circumstances change.
If you don't have a will, do not assume that everything you own will go automatically to your husband if you should die. In some states, if you die childless, everything goes to your husband. But in others, if a childless wife dies, her husband gets half and her parents get the other half. Consequently, you may want to consider writing a will at this time.
Source:
https://www.neonbeginner.com/2018/04/26/que-es-nex/?lang=es