Lisa talked with Linda Bjork on Linda’s Corner about strategies to protect your wealth before, during and (if necessary) after a marriage.
Some of the highlights Lisa shares:
- What she learned from her own divorce experience
- How lawyer responsiveness can minimize stress and solve unnecessary problems
- Divorce affects our children and our finances – two things that matter most
- A current trend of weaponizing incompetence
- Remember to put the needs and wellbeing of children above the desire to punish a former spouse
- Your attorney is only as good as the information you give him or her – you are responsible for communication
- Don’t withhold necessary information from your attorney
- Be truthful with your attorney
- How to protect your finances before, during, and after a marriage
- The power of a well written pre-nuptial agreement
- Begin a relationship with clear communication regarding expectations regarding finances
- What are your concerns about finances? Let your fiancé or spouse know
- Protect inheritances or properties by keeping them separate and apart from income (put them in a separate bank account and don’t co-mingle with marital assets)
- In a divorce situation, clearly identify marital assets and seek an equitable distribution
- Pay attention to your finances
- Don’t let one partner control all the finances, be involved and informed
- And more!