As the least qualified to comment on successful relationships, I have stood back from this thread to let the better placed pundits have their say.
I am broadly in agreement with the causes, effects and advice given so far.
The problem I see will be the pressure on your new man and how well he handles it. One way or another it will be expensive for him and he will feel he has lost/given up a great deal (unless he 'goes back' of course).
If he feels he has given up all his worldly goods 'for you', there will always be an undercurrent of resentment which will cause friction as you move out of the first flush of romance.
It is always better to have sorted out all this baggage 'for him' rather than as a consequence of a new relationship.
Snoopy's 'walk away, sort it then come back' suggestion is the hardest but probably the best if you are looking for long-term harmony.
You could become a nun or go walkabout of course.
Best of luck, these things are never easy.