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Wealth Protection Management Articles

Wealth Protection Management Articles

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Articles & Blog

Divorcing Baby Boomers

As Baby Boomers approach the last hurdle before the magic retirement age of 65, it is becoming increasingly newsworthy that growing legions of older Americans are untying the marital knot.

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Articles & Blog

Why baby boomers are divorcing at a stunning rate

Lili Vasileff is quoted in a recent article by Angela Moore for Market Watch on why older couples are deciding to divorce in record numbers. Lili says, “What’s pushing gray divorce is people are living longer and they feel more entitled to living fully. They’ve contributed to raising children, they want an emotional journey, it’s their time now. They may have decades ahead and don’t want to be unhappy anymore.”

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Articles & Blog

Advising Late in Life Divorce

“As a Baby Boomer approaching retirement, let us assume that you and your spouse have been fiscally responsible for most of your lives. But what happens when one household now unexpectedly divides itself in two with a late in life divorce?”

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Your Divorce is Unique

As you approach your golden years, you realize you may be heading toward divorce. Now you start asking questions: how does one start the process, how much is it going to cost, and how long does it take?

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Articles & Blog

How to avoid mistakes dividing up 401(k) assets in divorce

Divorcing couples can face enough agony as it is dividing up possessions and agreeing on custody of children, let alone splitting retirement assets.

Yet that nest egg often represents a divorcing couple\’s largest pot of money. And if the process for the division of those assets is not done properly, there can be a steep price to pay in taxes, penalties or an unintended amount of money going to an ex-spouse.

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Articles & Blog

Avoid these mistakes dividing up 401(k) assets in divorce

Divorcing couples can face enough agony as it is dividing up possessions and agreeing on custody of children, let alone splitting retirement assets.

Yet that nest egg often represents a divorcing couple\’s largest pot of money. And if the process for the division of those assets is not done properly, there can be a steep price to pay in taxes, penalties or an unintended amount of money going to an ex-spouse.

Read More »
wealth protection management featured image
Articles & Blog

Your Money: Older couples ponder financial impact of divorce

Lili Vasileff is quoted in a recent article by Beth Pinsker for Reuters Money on how older couples approach the financial aspects of divorce. Lili says, “Some couples are now putting together ‘post-nuptial’ agreements when they physically separate, just so there are rules for financial arrangements to cover things like disposable income and debts.”

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