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high asset divorce Archives

Tips to Protect Family Business From Divorce

Putting together a family business is often equal parts difficult and rewarding. Those who find success may see the business as more than just a profession, but as an additional part of the family. The business can become a part of the family’s culture, a part of the family’s heritage.

The Dangers of Separation Without Divorce

It is not uncommon for marriage to feel similar to a roller coaster ride. There are ups, there are downs, and there are times when the ride shuts down and requires maintenance. Couples going through a down or maintenance period may decide that a break from the marriage is needed. A recent publication discusses these breaks, noting more and more couples are choosing to take a break after decades of marriage.

Treat Marriage like an Investment, Get a Prenuptial Agreement

A wedding is an exciting and stressful event — particularly for the couple getting married. The days leading up to this big event are likely filled with discussions about venues, photographers and caterers. Although these discussions are important to ensure the day goes smoothly, there are other discussions that are even more important. These discussions can help to better ensure not just a smooth wedding, but a smooth marriage.

Millennials and Divorce: Do Not Neglect Retirement Assets

The divorce rate amongst baby boomers is growing. This statistic has been covered by numerous news sources. Many of these publications focus on the importance of ensuring a fair split of retirement assets during the divorce proceeding.

What Happens to Inherited Business Interests During Divorce?

Divorce involves the splitting of assets. Assets are generally broken down into one of two categories: marital or nonmarital, also referred to as separate. Marital assets are subject to split while assets that are deemed separate remain the property of the owning spouse.

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