People who aren’t rich or famous typically don’t have prenuptial agreements, which are legal documents detailing who gets what in a divorce. Even ordinary folks without prenups, though, should think about how to protect their money if something goes wrong.
Planning for divorce may be cynical, but it’s also smart, San Diego certified financial planner Ginita Wall says.
In my latest for the Associated Press, how to protect your assets in case the unthinkable happens.
Today’s top story: Why your irrevocable trust isn’t protecting your assets. Also in the news: Moving recurring credit card payments, the worst financial mistakes new parents can make, and how to prepare for your financial future.