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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