Divorce with Diverse Income Streams Divorce is complex as it is, but when you and/or your spouse have a diverse income stream, non-traditional income, or both, it can become much more complicated. Non-traditional income streams are forms of income that are not derived from a traditional job or salary for which you have a W2. … Continue reading
Divorces are stressful, expensive, and difficult for everyone. For high-net-worth individuals (generally considered individuals with liquid assets worth above $1M), there is an added layer of stress and difficulty. Because so much is on the line for both parties, the steps you and your spouse take in the coming months are going to affect your … Continue reading
Crafting the proper retirement and investment strategy is one of the most important financial decisions you will ever make and is the key to securing the future you have worked so hard for. However, simply the right savings vehicle is not sufficient — you need to make sure your money is safe. Life is unpredictable. … Continue reading
High-net-worth individuals will often create trusts to ensure either their future selves or future generations will be comfortable financially. Trusts are an effective way to plan for yourself and your loved ones. With trusts, assets currently owned by the trust creator or “settlor” are set aside and put in the temporary legal care of a … Continue reading
Divorces are often messy. Apart from children, the financial implications are generally the most stressful for both parties. And while nobody goes into a marriage expecting to get divorced, nearly 50% of them do end in divorce, making it incredibly important to stay prepared for that possibility. Some financial matters in divorce are more straightforward … Continue reading