July 13, 2020
REIT Update From CIBC Private Wealth’s Equity Income Team
Real estate investment trusts (REITs) have been in the press a lot lately as they lagged the...
Beth McRae Mayfield
October 15, 2019
No one goes into marriage thinking about splitting. Yet, statistics repeatedly show that roughly half of marriages end in divorce. For many divorcing couples, the signs of financial inequity present themselves well in advance of the divorce proceedings. Still, it’s natural to overlook them, especially when you’re not searching for trouble.
Few divorce cases result in an even 50/50 split of assets. The division of assets can be a long and complicated process, and oftentimes, one party receives a much more attractive settlement than the other. Though the courts may recognize the settlement as equitable, in most cases, equitable does not mean equal.
Fortunately, smart planning can help divorcing couples navigate these issues, allowing both parties to start their new, independent lives with confidence. In fact, there are steps anyone can take before, during, and after a divorce to help ensure a better outcome. For starters, taking inventory of your joint and individual assets, as well as important financial documents, makes it more difficult for one party to hide assets or information in a divorce. In other words, it’s essential to have a clear understanding of your financial situation to ensure you’re treated fairly when assets are divided.
Divorce is complex and can be emotionally and financially draining for all involved. To learn more about how to prepare for the possibility of divorce, read our recent article the Fall issue of The Advisor, “To Undo ‘I do’”, or listen to the podcast below.
Beth Mayfield is a senior wealth strategist for CIBC Private Wealth Management in Atlanta, with more than 20 years of industry experience. In this role, she works closely with clients and their advisors to develop and implement charitable, estate and wealth transfer planning as part of CIBC Private Wealth Management’s integrated wealth management process.
* Required fields
Internal Custody:If your assets are custodied with Atlantic Trust, please select the internal custody version of Atlantic Trust Portfolio Online to view your portfolio information.
External Custody:If your assets are custodied with an external custodian, such as Schwab, Fidelity or The Bank of New York, you may access the external version of Atlantic Trust Portfolio Online.
Sponsored Funds Investors:If you are an investor in any of the Atlantic Trust Sponsored Funds, you may access the Atlantic Trust Investor Dashboard here.
Safari Browser Users:To access login links, you will need to deselect the "Block pop-up windows" option under your security preferences.
For further assistance, please contact your Atlantic Trust client service team.