Asset Protection Planning - WARNING AND EDIT (Patreon)

Apparently the TWEET was not real.... but FABRICATED.

Second, we would never want anyone to get divorced.

Third, although the tweet is fabricated, this does happen in real life.

• Debt and Marriage: In most jurisdictions, spouses are not automatically responsible for each other’s individual debts incurred before or during marriage, unless they co-signed or jointly incurred the debt (e.g., joint credit cards, mortgages). However, in community property states (e.g., California, Texas), debts incurred during marriage may be considered shared, potentially affecting the surviving spouse.

• Divorce as a Strategy: Some couples, particularly older ones facing significant medical or personal debt, may divorce to shield the healthier or surviving spouse from liability for debts like medical bills. This is often seen in cases where one spouse faces terminal illness with high medical costs, and the couple wants to preserve assets for the surviving spouse. This tactic is sometimes called a "Medicaid divorce" in the U.S., where couples separate assets to qualify for Medicaid without depleting their joint estate.

• I have firsthand experience with cancer care. Probably why the Tweet Stung me so hard. In 2019 alone, the total economic burden of cancer care in the United States was estimated at $21.09 billion. That includes $16.22 billion in out-of-pocket costs and $4.87 billion in time patients spent receiving care. So yeah.... people can be destroyed by medical expenses in the USA - I do not speak for other parts of the world.

In short: They divorced for financial protection, not because they wanted to split up — highlighting how medical costs in America can force painful personal decisions.

There are many ways to avoid the matrix.... Asset Protection Planning is key! In the past, we all needed to hire experts.... now we can all just ask AI

NFA