«Because I'm 12 years older I've
accumulated substantial assets, while Randy has focused on building his musical career — requiring him to take on some debt,» says Gabriel.
Not exact matches
Your company probably ties up all your
assets and attention right now, but it also represents all your prospects for one day
accumulating substantial wealth.
You might lose out on some of the government benefits, but those benefits are small and your
accumulated assets within your RRSP should be quite
substantial.
Many successful people work a lifetime to
accumulate substantial wealth, yet spend minimal time preparing their families to effectively manage this tremendous
asset.
Odds are
accumulated assets, from real estate to retirement savings, are
substantial and entwined, and impending retirement can make a favorable financial split particularly tricky.
But how did these investors
accumulate such
substantial assets in their IRAs?
It may be that one or both parties has
substantial wealth which has been
accumulated prior to the marriage and the parties do not wish this to be mixed with any
assets or funds
accumulated throughout the marriage and similarly they do not wish any capital / income deriving from that wealth to constitute matrimonial property.