Breakups may also involve division of
substantial assets like homes.
Even a middle class Minnesota family may have built up
substantial assets like a home, retirement fund, or college savings account.
Although it may seem tempting to buy only the minimum coverage required by law, if you have
substantial assets like a home or other investments, it's a wise idea to buy additional coverage for your own financial protection.
Not exact matches
Where these balance sheet improvements are most advanced, future financial distress will look more
like what we typically see in instances of financial stress in the major economies —
substantial asset price volatility and the potential for
substantial financial losses, but less in the way of a significant disruption to either short - run or long - run real economic growth.
Mortgage and refinancing experts
like them because they're often half as expensive as higher - rate forms of debt such as credit cards, and because users are often tapping an
asset they have already put
substantial funds into.
if you have
substantial assets (
like some equity in your home) or have significant income you can avoid filing bankruptcy by considering a consumer proposal.
Berkowitz remains on the conservative side, and he talks a lot about looking for that margin of safety, something offered by
substantial real - estate
assets like those controlled by St. Joe or by Sears Holdings, another longtime Berkowitz project.
But if you have a high income or
substantial assets you may not
like the consequences of these BC divorce and family laws, and you may prefer to exercise control over the way your life would be affected by a breakup rather than leaving it in the hands of the government.
However, it is strongly recommended that you carry significantly more than the minimum required limits, particularly if you have
substantial personal
assets that you would
like to protect.