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The exception to this is the assets or liabilities that are owned/owed prior to the marriage.This rule does now however reach as far as loans established by a third party as such.Add the rituals of dating, and life can become pretty hectic.

The next thing to do would be to add direct outs, even just unbalanced outs.Or are you concerned that she’ll get overly attached to a relationship that will end or change once this boy leaves for college?Once you’ve clarified your own concerns, find a calm time to discuss them with your daughter.Co-signing a loan has an adverse affect on the co-signer ONLY if the principle borrower of the loan defaults on the loan.If the loan is paid off, the co-signer is off the hook.

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