‘It Happens More Than We Would Like’: What to Know About Divorce if You’re Wealthy

There is an increasing trend of managing marriage relationships with the possibility of a future divorce in mind, and is especially prevalent among wealthy couples. Geller & Co., a New York-based multi-family office firm, released a report advising wealthy couples on navigating marriage and considering the possibility that they might divorce in the future. 

Scott Bush, chief client officer at Geller, suggests treating marriage like a business. This means emphasizing premarital discussions about income, wealth, trusts, cash flow, and lifestyle financing amongst couples. Open financial communication between spouses is paramount and Bush warns of the potential negative impact of keeping financial secrets.

For more information see Andrea Riquier “‘It Happens More Than We Would Like’: What to Know About Divorce if You’re Wealthy”, Barrons PENTA, January 23, 2024.

Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.