An innovative form of lending and financing is available to more affluent investors, and it can cause some confusion in the distribution of assets phase of divorce. Many large brokerage firms, and some independent banks, offer clients what are known as “Securities-backed Loans,” which are essentially interest-only lines of credit that may be used for a variety of purposes, such as buying a vacation property or helping to finance college, and which are secured by an investment portfolio. As practically important as they are, there are some important considerations and challenges with Securities-backed Loans and divorce. Continue reading "Securities-Backed Loans And Divorce" →