While divorce or loss of a spouse is challenging for everyone involved, it’s often a tougher burden for women who may not have been intimately involved in the family’s finances, actively participating in a family business, or even privy to the various professionals who helped manage and protect the family’s wealth.
When couples face divorce, there are myriad issues and concerns that need to be navigated. When a wealthy couple divorces, those issues become imminently more complex. In the divorce setting, even women who do serve as matriarchs of their families—successfully heading the household and stewarding the family’s wealth—face significant challenges when it comes to creating an equitable distribution of assets.
Women who find themselves newly and unexpectedly single, whether as a result of divorce, death, or other separation, should take concrete steps to help position themselves for success.
Please visit our visit our Matrimonial and Divorce Advisory Solutions resource page for more timely divorce planning content.
Please see important disclosures at the end of the article.Download Article