About The Book

The New Love Deal…

Because long-term relationships are changing!

Whether you’re marrying, moving in or moving on, The New Love Deal, a book to be released in June 2014, urges couples to deal with important financial realities early on in a way that keeps the love alive.

Co-authored by a family law attorney, a retired family court judge turned mediator, and a nationally known financial writer, it is the first book to confront the pervasive truth that we no longer live in our parents’ world of traditional marriage. It provides legal guidelines and loving procedures for negotiating and navigating successfully through the turbulent waters of our new relationships. The sad alternative is what the authors witness daily; thousands of men and women who have said “I’m in love and I do not want to talk about money” later standing with their attorneys before a Judge while their assets and debts are divided in ways they never anticipated.

A few eye-opening statistics as to the changing dynamics of our romances: not only are we choosing to marry later (age 29 for men and 27 for women) but many are choosing not to marry at all.

  1. 51 million U.S. households are headed by unmarried couples.
  2. 40.6% of all U.S. children are born to unmarried mothers, of whom half are living with the child’s father.
  3. The divorce rate is still running at 45%, and, for certain age ranges, is even higher.

Even in the new marriages, “new love deals” need to be struck with financial transparency and honesty. More often than not there are two incomes, there is no hard and fast rule as to who will raise and nurture the children, one partner’s income may far surpass the other’s, and, of course, increasingly the partners may be same sex or entering into second or even third marriages.

Breakups in all relationships can be messy–not only from the emotional standpoint of the adults and certainly the children. They also can wreak havoc on each party’s financial future, destroy credit ratings, uproot families, force the foreclosure of real estate, and otherwise create financial and emotional chaos.

The New Love Deal is a guide for making relationships, succeed or, when necessary, for dissolving them in a way that prevents additional heartbreak.


  • Chapter 1       Happily Ever After – A Hollywood Fable
  • Chapter 2       Let’s Make a Prenup Deal
  • Chapter 3       Moving in – The Cohabitation Deal
  • Chapter 4       New Deal – Same-Sex Marriage and/or Civil Unions
  • Chapter 5       A Judge’s View of Sharing
  • Chapter 6       A Judge’s View of “Needs”
  • Chapter 7       The Bottom Line: Love and Money
  • Chapter 8       Prenup Deal Points
  • Chapter 9       Beware of Mythical Thinking
  • Chapter 10     Lawyers, Love and Mediation
  • Chapter 11     The Art of the Deal – Finding Fairness
  • Chapter 12     Financial Balancing Scenarios
  • Chapter 13     Deal-Making Tips
  • Chapter 14     Don’t Court Disaster
  • Chapter 15     A Postscript on Postnups

About the co-authors

GEMMA ALLEN: View from the Bar

Gemma Allen is a prominent Chicago divorce attorney and a partner in Ladden & Allen, Chartered, who litigates the dissolution of relationships that might have been saved if the parties had earlier addressed the dollars and “sense and sensibility” issues. She is a contributor to legal journals on the subject of matrimonial law, a frequent television guest expert on relationship issues, and the sponsor/facilitator for an ongoing think tank on doing both marriages and divorce in better ways.

MICHELE LOWRANCE: View from the Bench

Michele Lowrance is a longtime divorce court judge and author of The Good Karma Divorce who recently joined the mediation firm, JAMS. She has been featured in a television series on couples’ mediation. As a judge, she presided over thousands of marital breakups. Now, as a professional domestic relations mediator, she works with divorcing couples—and those creating prenuptial agreements.

TERRY SAVAGE: View from the Bottom Line

Terry Savage is a nationally syndicated financial columnist, and the author of The Savage Truth on Money, The Savage Number, and several other best-selling financial planning books. She is often on CNN and other national television and radio programs, commenting on the markets and the economy and advising people on how to make smart money decisions that will provide long-term financial security.