Trusts & Estates
Late-in-Life Divorce? Estate Planning Steps Your Clients Need to Take
No one likes to think about it, but the reality is that "gray divorces" are occuring more than ever. In fact, the rate of divorce for adults ages 50 and older doubled between 1990 and 2010. Dividing assets after a divorce is rarely an easy, straightforward process and can be more complicated when clients split up late in life. During marriage, asset ownership often becomes intertwined – or commingled – resulting in shared ownership of most of the couple’s property. If the marriage ends, untangling that property can be a real challenge.
How should you advise divorcing clients or those who might be moving on to second marriage? Learn more in this WealthCounsel Insight Brief, "Late-in-Life Divorce? Estate Planning Steps Your Clients Need to Take."
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2022 Estate Planning Awareness Week - Free Marketing Package
This month, we’re offering free access to an “Estate Planning Awareness Week” marketing package with customizable blog content and letters so you can reach out to current and prospective clients, as well as referral sources, without having to spend hours creating original content from scratch.Learn More
Cryptocurrency and Estate Planning
Download the sample trustee manual to see how Wealth Tracx can help introduce trustees to the trust administration process.Learn More