“With women attaining college degrees at higher rates, accessing higher wages than ever before, and single women purchasing homes more often than single men, we may be seeing the effect of female millennials who want to protect their financial interests when entering into marriage.”
~Source~
There are many ways both single and married women can protect their assets, whether they have children or not. The umbrella solution is Trust Funds, which are revocable. Read more on Trust Funds here.
For married women with children, a Parental Responsibility Agreement and a Will are the best solution.
For women who are planning on getting married, Prenuptial Agreements and Parental Responsibility Agreements (if the plan is to have children) and Succession Planning (Wills) can greatly advantage you in protecting your assets.
Contact us today to protect your assets.
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