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Optimizing Your Financial World - Episode 21 (Safeguarding Assets From an Ex-Spouse)
Episode 2117th January 2023 • Optimizing Your Financial World • Mark Wade
00:00:00 00:18:45

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While divorce rates in the U.S. have generally been falling for some time, the sad fact is that many marriages don’t work out.

On the latest episode of Optimizing Your Financial World, we’re examining ideas and options for protecting financial assets in the event that a marriage, yours or that of a loved one, ends in divorce.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:33 - Divorce has become a popular financial discussion in recent history

2:27 - Couples should be factoring the potential for divorce into their wealth planning

3:30 - It's not easy discussing the potential for divorce

4:56 - Asset protection strategies available to you

6:27 - Asset protection and property depends on which state you live in

7:13 - Important concepts surrounding "marital assets" that people should understand

9:37 - Leveraging a prenuptial agreement

12:00 - Utilizing trusts (DAPT's) for asset protection

14:10 - Less complex asset protection strategies you can utilize

16:34 - How to get in touch with Mark and his team

17:40 - Closing remarks


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