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What Happens To Inheritance During A Divorce

The sobering statistics in the U.S. show that married couples have a 50% likelihood of getting divorced. With these odds, it is best to have a clear picture of how partners expect marriage to proceed and possibly end if circumstances lead to divorce. Preparing now can keep an emotionally charged situation more manageable and help preserve your property, particularly an inheritance. Working…

Trust Funds & Divorce: What You Need To Know

A trust fund is a legal arrangement allowing individuals to designate assets into special accounts for the benefit of another person. These funds are managed by a trustee, acting for the use of the beneficiary. When a divorce occurs, some trust funds provide financial protections, tax benefits, and support for the beneficiary, while others do not. Working with a family law attorney…