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De-Facto FAQ- Asset protection close to retirement.

Date: February 23, 2011

 

Q. I am just about ready to retire and I am involved in a relationship with someone which has been going on for some years although we do not live together. I wish to protect my assets which are substantial while she has hardly any. What should I do?

A. You need to enter into a financial agreement with her so that she fully understands what you are doing in regard to your assets and make sure she is given a copy and seeks independent legal advice so she fully understands her position before you proceed further.

 

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