[originaltext]M: That screams a prenup, right? I mean, you should just get a pr

M: That screams a prenup, right? I mean, you should just get a prenup, which means you have to fill out an agreement before marriage. W: Well, a lot of people really do need to look at the prenup question. The older you are, the more you come to the party with, particularly if you come to the party with either kids from a previous marriage or a business. You gotta protect that, and that means getting a lawyer in your court and a lawyer in his and sitting down at the table.
M: Well, let’s talk about kids. (6-1) If you have grown kids, how does getting married later in life affect them?
W: (6-2) You have to look at the question of inheritances. If your new spouse is gonna all of a sudden inherit everything that you have, your kids are all of a sudden not going to unless you take care of that in your wills and with the prenup.
M: OK. (7-1) Let’s talk about the pros of getting married. Financially, what’s the good side of that?
W: (7-2) There are some good things in terms of real estate. If you own a house and your spouse owns a house, when you get married you are allowed to take a $500,000 capital gain rather than a $250,000 capital gain as you could as a single person. You may have to live in that house for a couple of years before you sell it and rent the other one, but that can be a huge amount of money to stock in the bank.
M: It sounds reasonable to have a certain marriage.
W: Yeah, that’s right! (8) Also you are gonna save money on auto insurance premiums and homeowner insurance premiums. (9) So there are some good things and two together can definitely live more cheaply than two apart.
M: And again, you know it’s just important to have the money discussion no matter how painful it is, right?
W: (10) Absolutely. And if you can’t do it yourself, sit down with an advisor and do it together, but do it.
M: OK, Jean, thank you so much for the great advice. It should be very helpful for the audience.
W: My pleasure to share my ideas with you!
This is the end of Part Two of the interview. Questions 6 to 10 are based on what you have just heard.
6. What should people consider before marriage if they have kids?
7. According to the interview, which of the following does marriage contribute to financially?
8. Which of the following insurances does marriage save money on?
9. Which of the following statements about marriage and finance is CORRECT?
10. What does Jean advise us to do about the money discussion before marriage?