Living Together? Set Up Boundaries

Discuss your finances and medical affairs, and then put the details in writing.

By Laura Cohn

Selma Berger says she likes to keep things "very simple." Berger lives with her companion, Jack Leopold, but has no plans to marry him. Having been with Leopold for seven years -- and a widow for 12 years -- Berger prefers not to mix her finances with his. So the two keep separate bank accounts, maintain their own investments and manage their own properties. "It works out very well," she says. "This way, I'm very independent."

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