Tag Archives: asset
Hidden Financial Traps That Can Derail High-Net-Worth Divorces
A high‑net‑worth divorce is one in which millions of dollars in property is subject to equitable distribution. In addition, can involve multiple classes of assets, such as real estate, investments, retirement accounts and business interests. The size and diversity of the property at stake, and the financial consequences and tax implications, make these divorces prone […]
Bringing Up the Topic of Estate Planning With Your Parents
Talking to parents about estate planning can be a sensitive conversation, but it may become necessary. It involves planning not only for distribution of wealth upon death but also for providing for their well-being and guarding against the expenses of possible disability during their later years. Approaching this topic with empathy, respect and preparation will […]
