This article reprint was published in the October 2019 issue of New Jersey Business and provides an overview of protecting assets with a prenuptial agreement. Issues such as the legal aspects of creating a prenuptial agreement are discussed.Financial arrangements and child custody considerations are also covered.The authors offer a reminder that lack of proper pre-marital planning, particularly for business owners, can be disastrous.
Increased transparency around Collective Investment Trusts could boost demand.Collective Investment Trusts are becoming an increasingly important part of the retirement space.In 2018, the SEC announced it would be scrutinizing the fees charged by financial professionals, and how those expenses are disclosed to investors.
The facts show Delaware is a top jurisdiction for personal trusts with its flexible laws, a robust trust infrastructure, and a depth of talented professionals who serve this industry. While promoting their own trust services, other states at times present subjective information as fact, which can be misleading.Practitioners looking to find the right home for their clients’ personal trusts choose Delaware to take advantage of its favorable laws.