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.