Divorce and Estate Planning

In the blog titled “Estate Planning Trap: High Net Worth Divorce, Trusts, SLATs & ILITs” by Alex Weinberger, CFP®, CDFA®, estate planning issues become very evident especially when there are people who are high net worth. Although various estate planning tools like SLATs, ILITs, as well as various irrevocable trusts, have a lot of benefits like the protection of their property, there are times when these types of estate planning traps can result to issues that could jeopardize their entire plans. This would definitely cause some complications that can affect the division and classification of their properties during the divorce.

By: Alex Weinberger, CFP®, CDFA®

Here is something that almost nobody warns affluent couples about, even when they are spending tens of thousands of dollars a year on sophisticated estate planning.

The more carefully you have structured your wealth to protect it from estate taxes, the more vulnerable you may be in a divorce.

Read this blog in full HERE.