How important is asset protection when planning marriage?
Posted on Jan 22, 2018 8:10am PST
Asset Protection Planning is critical, particularly if you marry with significant
wealth and your assets greatly exceed your new spouse’s. And this
frequently happens because more people are in their second or third marriages
or marry later in life when they had already accumulated assets.
Divorce can be emotionally and economically devastating and can also be
one of life’s biggest financial catastrophes. Nor can we forget
that marriage is less and less a lifelong commitment. One in two marriages
ends in divorce, so Asset Protection planning is essential whether you
are anticipating marriage, happily married, separated, divorcing or have
‘problem’ ex-spouses.
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