January 2022
Beginner
224 pages
5h 8m
English
Content preview from Complete Family Wealth, 2nd Edition
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CHAPTER 7Spouses
Tough Questions
It is hard enough to talk about money. Talking about love and money raises the difficulty exponentially. This is the challenge faced by spouses within the context of significant wealth.
In this chapter, we will address this challenge with respect to several particularly difficult situations: dealing with fiscal inequality, clarifying wishes in estate planning or giving, and making choices in the context of a blended family. Later, in Chapter 15, we will address the use of prenuptial agreements.
Fiscal Difference
In many marriages in the context of significant wealth, one partner comes to the marriage with—or creates during the marriage—much more financial capital than the other. Traditionally, this partner ...
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