{"id":1638,"date":"2020-02-07T18:55:00","date_gmt":"2020-02-07T08:55:00","guid":{"rendered":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/2020\/02\/07\/plan-together-with-a-pronup\/"},"modified":"2020-02-07T18:55:00","modified_gmt":"2020-02-07T08:55:00","slug":"plan-together-with-a-pronup","status":"publish","type":"post","link":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/2020\/02\/07\/plan-together-with-a-pronup\/","title":{"rendered":"Plan together with a pronup"},"content":{"rendered":"<p>A pronup is a written financial plan to help you and your partner to secure your financial future.\u00a0 Written in consultation with a Financial Adviser, a pronup can help you avoid money troubles that would inevitably impact negatively on your relationship.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"300\" src=\"http:\/\/internal.clientcommunity.com.au\/uploaded\/level\/2063\/prenup.jpg\" width=\"569\" \/><\/p>\n<p>A pronup shouldn\u2019t be confused with a <a href=\"https:\/\/www.moneysmart.gov.au\/life-events-and-you\/families\/relationships-and-money\" target=\"_blank\" rel=\"noopener noreferrer\">prenup<\/a>, which is a binding financial agreement that outlines what you and your partner will be entitled to receive if your relationship ends. Put simply, a pronup has a more positive outlook for your relationship than a prenup!\u00a0<\/p>\n<p>Think of a pronup as like getting financial counselling for your relationship. It\u2019s like any other form of relationship counselling, just with a financial context. A pronup will help you to identify what you\u2019re currently doing well financially, what you\u2019re not, and what strategies you can put in place to achieve your financial goals together.\u00a0<\/p>\n<p>Once you have a pronup in place, you should regularly monitor it with your financial adviser as your circumstances change over time.<\/p>\n<h3>When should you get a pronup?<\/h3>\n<p>It\u2019s important to understand that it\u2019s never too late or too early to get a pronup when you\u2019re in a serious relationship. However, the earlier you put one in place, the better. A pronup will help to:<\/p>\n<ul>\n<li>\n<p>clarify you and your partner\u2019s short, medium and long-term financial goals,<\/p>\n<\/li>\n<li>\n<p>identify you and your partner\u2019s current spending and savings patterns and,<\/p>\n<\/li>\n<li>\n<p>address any potential financial issues that you may have (or allow you to avoid them altogether).<\/p>\n<\/li>\n<\/ul>\n<h3>The bottom line<\/h3>\n<p>There\u2019s an old saying that \u2018people don\u2019t plan to fail; they fail to plan.\u2019 It\u2019s true whether you\u2019re talking about relationships, finances, or any other aspect of life.\u00a0<\/p>\n<p>Nobody goes into a serious relationship wanting it to fail, but it\u2019s an unfortunate reality that many relationships do. It\u2019s also a fact that money troubles are a leading cause of relationship break-ups, so it just make sense to have a pronup (financial plan) in place.<\/p>\n<p>Please contact us on |PHONE| if you seek further discussion on this topic .<\/p>\n<p><span style=\"font-size: 10px\">Reference: <a href=\"https:\/\/www.moneyandlife.com.au\/individuals\/family-and-life-events\/pronup\/\" target=\"_parent\" rel=\"noopener noreferrer\">https:\/\/www.moneyandlife.com.au\/individuals\/family-and-life-events\/pronup\/<\/a><\/span><\/p>\n<p><span style=\"font-size: 10px\">Source: Clientcomm library<\/span><\/p>\n<p><span style=\"font-size: 10px\">Important note: <\/span><br \/><span style=\"font-size: 10px\">This provides general information and hasn\u2019t taken your circumstances into account.\u00a0 It\u2019s important to consider your particular circumstances before deciding what\u2019s right for you. Although the information is from sources considered reliable, we do not guarantee that it is accurate or complete. You should not rely upon it and should seek qualified advice before making any investment decision. Except where liability under any statute cannot be excluded, we do not accept any liability (whether under contract, tort or otherwise) for any resulting loss or damage of the reader or any other person.\u00a0 Past performance is not a reliable guide to future returns.Any general tax information provided in this publication is intended as a guide. It is not intended to be a substitute for specialised taxation advice or an assessment of your liabilities, obligations or claim entitlements that arise, or could arise, under taxation law, and we recommend you consult with a registered tax agent.<\/span><\/p>\n<p><span style=\"font-size: 10px\">Any information provided by the author detailed above is separate and external to our business and our Licensee. Neither our business nor our Licensee takes any responsibility for any action or any service provided by the author.<\/span><\/p>\n<p><span style=\"font-size: 10px\">Any links have been provided with permission for information purposes only and will take you to external websites, which are not connected to our company in any way. Note: Our company does not endorse and is not responsible for the accuracy of the contents\/information contained within the linked site(s) accessible from this page.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A pronup is a written financial plan to help you and your partner to secure your financial future.\u00a0 Written in consultation with a Financial Adviser, a pronup can help you avoid money troubles that would inevitably impact negatively on your relationship.\u00a0 A pronup shouldn\u2019t be confused with a prenup, which is a binding financial agreement [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[19],"tags":[],"class_list":["post-1638","post","type-post","status-publish","format-standard","category-general-articles","entry"],"_links":{"self":[{"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/posts\/1638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/comments?post=1638"}],"version-history":[{"count":0,"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/posts\/1638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/media?parent=1638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/categories?post=1638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gpadviser.com.au\/gpl-theme-1-2015\/wp-json\/wp\/v2\/tags?post=1638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}