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Asset protection planning is the mechanism whereby an individual attempts to safeguard property from potential creditors. However, in the context of a divorce, it refers to one spouse’s ability or attempt to protect his or her assets from the other spouse. Some...
We’ve all heard stories about evil stepmothers, but what about evil stepchildren? Second marriages, especially when one or more parties have children from a prior relationship, come with unique concerns about inheritance. However, you can mitigate many of these...
Second marriages can raise numerous financial concerns especially if there are children from the first marriage. If you are the one getting remarried, there are tools you can use to protect your assets for yourself and your kids. However, it’s also essential to...
If you are getting married for a second time, you may both be bringing sizable assets and debt into the marriage. You may also have children from a prior relationship. These circumstances can raise significant financial issues and conflicts in marriage. That’s why...
Most people have heard of a prenuptial agreement, but postnuptial agreements are less well-known. Postnups address many of the same issues as prenups. They both allow couples to determine how they will deal with financial issues during marriage and in the event of...
It is common today for couples to come to a marriage with significant assets. That doesn’t necessarily mean they come from wealthy families, but with people marrying later in life or having multiple marriages, there are more opportunities to accumulate money before...