Protecting Your Assets
Kroll, Arthur H., Chief Executive (U.S.)
Your life is complicated enough. Here are some ways to put your mind at ease.
In "Divorce in the Workplace" (June 2006), we described Jack Welch's woes and Gary Wendt's folly in their divorce situations, coterminous affairs and financial settlements. We strongly recommended a prenuptial agreement in order to protect the depletion of the executives' assets. Many executives marry long before they accumulate wealth and do not have such an agreement. Obtaining a postnuptial agreement is very difficult both financially and emotionally. The article generated a number of questions concerning how to protect your assets, which this article will discuss.
Prenuptial agreements remain …
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Publication information: Article title: Protecting Your Assets. Contributors: Kroll, Arthur H. - Author. Magazine title: Chief Executive (U.S.). Issue: 220 Publication date: September 2006. Page number: 60+. © 1999 Chief Executive Publishing. Provided by ProQuest LLC. All Rights Reserved.
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