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1.
When it comes to marriage, which of the following are generally considered to be financial responsibilities of marriage?
All of the above. Each of these financial responsibilities is commonly expected of those who marry. Financial support for any children during the marriage is also expected.
2.
What priority does a married person get when his or her spouse needs a conservator to make financial decisions in the event of incapacity?
First priority. The advantage of being married extends to conservatorship.
3.
Unmarried couples are not legally entitled to equitable division of property if they break up. An exception to this is if they _______.
Have created a contract just for that purpose. Having drawn up a contract for equitable division of property can be legally binding.
4.
When it comes to the responsibilities of marriage, which of the following is an example of the financial responsibilities that come with marriage?
Financial support of the children of the marriage. Assuring an income for your spouse or providing support for your spouse's family may become financial responsibilities but are not automatic legal requirements resulting from marriage.
5.
For those who marry, one legal consideration is to _______.
Update their wills. Updating a will (or a trust or some other estate planning document) as a result of marriage requires legal documentation. Of course, you may also want to go on a honeymoon and/or start a new job, but there's not legal paperwork involved for that.