Tying the knot later in life is becoming more common. The most recent data from the Office for National Statistics shows that a fifth of marriages are now between those aged 50 and over. Along with a new lease of joy and happiness, marriage – or civil partnership – can bring a side helping of financial complexity. Often, one or both of those marrying in later life will have been in previous marriages or relationships, perhaps involving children. More than half (56pc) of those getting married over 50 have been either widowed or divorced. While this isn’t the case for everyone, there are important decisions to be made concerning finances, assets, housing, and retirement, as you will both have separately built up your own level of wealth and assets, and perhaps debts. Here, Telegraph Money explains the key things to think about, and how to protect your assets. Before saying your vows, and before taking any action regarding your own finances, it’s a good idea to have open, frank discussions about money with your partner. David Murray, financial planning expert at Abrdn, said: “It’s always important to be honest and upfront about your finances with your loved ones but in...