Prenuptial Protection

Prenuptial protection is crucial for wealthy individuals considering marriage, but it can be a difficult topic to bring up with a future spouse. In addition, Prenups must be ‘reasonable’ and cannot be too one sided regardless of the wealth disparity between the parties. The “fear” is that a prenup won’t be enforceable if the appearance is one party is very wealthy and the other receives nothing. In reality, all the wealth belonged to one party to begin with.

A Private Placement Insurance (PPLI) policy or a Private Placement Variable Annuity (PPVA) owned by a Domestic Asset Protection Trust (DAPT) can protect assets from divorce. They need be set up prior to marriage and can be set up without any involvement from your spouse. 

The structure that will provide the best protection for you, depends on your particular circumstances. Click here to learn more about using DAPT structures and PPLI as a prenup alternative, or contact us to discuss implementing prenuptial protection today.