Welcome to the Wealthy After Divorce Podcast! Hosts and Certified Divorce Financial Analysts® at Pearl Planning, Jacki Roessler and Melissa Fradenburg, will roll out a new episode every other Thursday, with advice to improve financial decisions during and
Melissa Fradenburg, CDFA® and Jacki Roessler, CDFA®
Navigating the aftermath of a divorce can feel like charting a course through stormy seas, especially when children are on board. That's why we invited Jordana Wolfson, co-founder of Co-Parenting Solutions LLC, onto the Wealthy After Divorce podcast. Her unique insights, born from a tapestry of personal experiences as a child of divorce, a divorced parent, and a former school principal, shed light on the art of constructing parenting plans that truly anchor the family post-separation. Delve into the essential components of these plans, and discover how to sidestep common pitfalls that threaten the peace and emotional well-being of your children. Resources:Connect with Jordana BY CLICKING HERERead more about the value of co-parenting facilitation from Jordana HERE.Connect with Jacki Roessler and learn more about Divorce Financial Planning at Pearl Planning.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Embark on an empowering journey with us as we reflect on a year brimming with invaluable insights for financial prosperity post-divorce. Your co-hosts, Jacki Roessler and Melissa Fradenburg—certified divorce financial analysts—extend our deepest thanks for helping us reach new heights in the podcast universe. This episode is a celebration and synthesis of our most impactful discussions, including a revisit to our top five episodes. Whether you're seeking to reignite your career after time away from the workforce or deciphering the complexities of hidden assets during a high-stakes divorce, our year-end wrap-up is tailored to highlight the wisdom and strategies that resonated most with our audience in 2023.This episode isn't just a look back; it's a roadmap for what's ahead. Stay tuned in 2024! To read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult, CLICK HERETO Listen to our Top 5 Episodes of 2023, Click the Links Below CLICK HERE TO LISTEN TO OUR #2 EPISODE OF 2023LISTEN TO "THINGS TO DO NOW" FOR POST-DIVORCE CLIENTS CLICK HERE TO LISTEN TO OUR #5 EPISODE OF 2023 LISTEN TO "TIPS FOR STAY-AT-HOME HOMES" LISTEN TO "FINDING HIDDEN ASSETS IN DIVORCE" Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
We're thrilled to bring you a unique episode featuring Jacki's top picks for apps to make 2024 smoother and more efficient and financially sound- especially for those navigating life post-divorce.This episode is crammed with valuable insights and recommendations from the field. Allow us to guide you on the path to success after divorce through this enlightening discussion!To read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult, CLICK HEREIf you're already divorced and are looking for post-divorce financial planning from an advisor who specializes in this area, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTTo download Pearl Planning's post-divorce "budget" worksheet, Click here and scroll down to "Divorce Budget Worksheet"CLICK HERE to read more about protecting your credit after divorce.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Fasten your seatbelts as we journey through analyzing your housing options during the seismic shift of divorce. We view this decision from all angles - financial and emotional. The road starts with a post-divorce budget and extends to considering other assets in the marital estate. To ease this complex decision, we illustrate how financial projections can help compare the outcomes of different paths. Whether you feel pulled towards keeping the house, selling it, or a buyout, it's essential to scrutinize all options. We highlight the importance of seeking professional guidance from a certified divorce financial analyst or financial advisor. This episode is a valuable resource for anyone wrestling with this decision.RESOURCES CLICK HERE to listen to Jacki's episode on creating a budget CLICK HERE TO DOWNLOAD OUR BUDGET WORKSHEETTo read about how Pearl Planning can help you though your divorce or schedule an initial complimentary consult with Jacki, CLICK HEREIf you're considering divorce and want some preliminary financial information, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Are you curious about how your financial landscape changes after divorce? Join us as Co-Host Melissa Fradenburg and Pearl Planning founder, Melissa Joy, CFP®, CDFA® talk Roth conversions after divorce. In this episode, Melissa discusses how a move to a lower tax bracket following a divorce can open up opportunities for financial growth. Melissa shares her insights on how to maximize the financial benefits from spousal support payments and reduce tax liabilities. Tune in to learn about the resources and events that can aid you in crafting a long-term financial strategy tailored to your new reality.Resources:Learn more about Pearl Planning.Connect with Melissa Joy, CFP®Replay for our Fall Economic Update and Investment Outlook.Listen to Year-End Planning with Alexa Kane.Links are being provided for information purposes only. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.
*LIMITED TIME PROMO! THE NEXT FIVE LISTENERS WHO LEAVE US A REVIEW ON APPLE PODCASTS WILL RECEIVE BARB'S BOOK FOR FREE** email screenshot of your review to Jacki@pearlplan.comWe often don't realize the strength we possess until life throws us into challenging situations. This episode brings you an inspiring narrative from a woman who picked up the shattered pieces of her life post-divorce and became a beacon of hope for others. Meet Barb Greenberg, author, and founder of Rediscovering U, who turned her painful personal experience of a 33-year marriage divorce into a support system for others. She shares her journey of transforming her company from organizing one-off workshops to weekly meetings - creating a nurturing environment filled with vital education and resources for those dealing with divorce. RESOURCESCLICK HERE for information on Rediscovering UTo connect with Rediscovering U on Facebook, click here https://www.facebook.com/rediscoveringuTo read about how Pearl Planning can help you though your divorce or schedule an initial complimentary consult with Jacki, CLICK HERETo purchase Barb's Book, The Seasons of Divorce, CLICK HEREIf you're considering divorce and want some preliminary financial information, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
**OCTOBER IS DOMESTIC VIOLENCE AWARENESS MONTH**Wealthy after Divorce is joining forces with the DIVORCE COALITION; a nationwide group of podcasters, bloggers and divorce professionals seeking to raise awareness, educate and support victims and survivors of domestic abuse. Click here to learn more about the DIVORCE COALITION. Have you ever felt powerless in your financial life, or worried that someone close to you may be taking advantage of your money? We're here to help you recognize and overcome financial abuse. In this episode, Jacki Roessler, CDFA talks with Stacy Francis, CFP, CDFA, CES, president and CEO of Francis Financial and founder of Savvy Ladies, who shares her personal experience growing up with a grandmother who suffered from physical, emotional, and financial abuse. Together, we discuss the red flags of financial abuse, what steps to take if you suspect you're a victim, and how to reclaim your financial power.RESOURCESYou can learn more about Stacy Francis, CFP, CDFA, CES and find all the resources mentioned in this episode HERE.To read about how Pearl Planning can help you though your divorce or schedule an initial complimentary consult, CLICK HEREShare the Savvy Ladies HelplineIf you're considering divorce and want some preliminary financial information, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Want to unlock the secret to a less taxing and more peaceful divorce process? Join us as we chat with the accomplished mediator and attorney, Lisa Taylor, who brings a fresh perspective to divorce by advocating for pre-filing mediation. Lisa passionately shares how this method encourages couples to reach a harmonious settlement agreement before any court documentation is filed, saving them from the emotional turmoil and financial burden that traditional litigation can bring. Learn the significant differences between pre-filing mediation and end-stage mediation from Lisa and explore how she facilitates calm and productive exchanges between couples as a neutral party.RESOURCESTo connect with Lisa and learn more about her mediation process CLICK HERE To learn more about divorce mediation or to find a mediator in your area, CLICK HERETo read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult, CLICK HEREIf you're considering divorce and want to prepare yourself financially, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
The divorce is final; yet the items on your to-do list are overwhelming enough to make you want to crawl under the covers. For most people, the day after the divorce is just the beginning of the transition process, not the end. The key to maintaining sanity during this overwhelming time is breaking up your financial "To-do" list into manageable “bites”. In this, our first 3 part Mini-Bite Series, Jacki and Melissa break down your post-divorce game plan into things that you should do "NOW", "SOON" and "LATER". Each segment has its own mini episode. Part Three shares “bites” to do within the first year after your divorce is final. “Bites” include changing your name, estate planning, making QDRO distribution choices and pushing re-set on your financial plan.· To read about how Pearl Planning and Jacki Roessler, CDFA can help you though and after your divorce or schedule an initial complimentary consult, CLICK HERE· CLICK HERE FOR MORE INFO ON SOCIAL SECURITY NAME CHANGES · CLICK HERE FOR INFORMATION ON PASSPORT NAME CHANGES · To learn more from Jacki about why timing is so important with QDROs, CLICK HERE TO LISTEN NOW Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Join Melissa Fradenburg for Part 2 of our first "Mini-Bite" series. This series is all about breaking down your post-divorce checklist into manageable mini bites. Part 2 addresses managing your finances in the first six months after divorce. Melissa dissects critical aspects such as establishing a post-divorce budget, splitting assets, removing your name from any joint accounts, and why timely completion of paperwork is non-negotiable. Get the details regarding the processes of asset transfer, setting up new accounts, and how partnering with a financial advisor can make things a lot easier for you. So tune in and equip yourself with the valuable advice that will make your transition smoother and help you build your best life post-divorce. If you missed Part 1, CLICK HERE TO LISTEN NOWTo learn about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult, CLICK HEREIf you're already divorced and are looking for post-divorce financial planning from an advisor who specializes post-divorce planning, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTTo download Pearl Planning's post-divorce "budget" worksheet, Click here and scroll down to "Divorce Budget Worksheet"To learn more from Jacki about why timing is so important with QDROs, CLICK HERE TO LISTEN NOW Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
The divorce is final; yet the items on your to-do list are overwhelming enough to make you want to crawl under the covers. For most people, the day after the divorce is just the beginning of the transition process, not the end. The key to maintaining sanity during this overwhelming time is breaking up your financial "To-do" list into manageable “bites”. In this, our first 3 part Mini-Bite Series, Jacki and Melissa break down your post-divorce game plan into things that you should do "NOW", "SOON" and "LATER". Each segment has its own mini episode. Part One covers things to do within the first 1-3 months after your divorce is final. Jacki gives the listener clear and practical tips for tackling those tasks that (if handled right away) will save much stress, aggravation and possibly money later.To read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult, CLICK HEREIf you're already divorced and are looking for post-divorce financial planning from an advisor who specializes in this area, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTTo download Pearl Planning's post-divorce "budget" worksheet, Click here and scroll down to "Divorce Budget Worksheet"To learn more from Jacki about why timing is so important with QDROs, CLICK HERE TO LISTEN NOW Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Prepare to be inspired as we are joined by Judy Richmond, the Women to Work Coordinator at Gesher Human Services, who gives us a detailed look into the transformative Women to Work Program. This program is a beacon of hope for women needing to reenter the workforce, offering essential skills training, peer support, and financial management techniques. Listen in as Judy outlines the eight-session journey, highlighting valuable learning experiences that the program offers, includiing the crafting of engaging resumes and conducting effective job searches.Let's get inspired together as Judy and Jacki share the heartwarming stories of resilience and triumph that testify to the program's success. Whether you're a woman looking to reenter the workforce or you want to know more about empowering women, this episode is a must-listen.RESOURCESLearn more about the Women to Work program CLICK HERE For more information about Women to Work's upcoming Free Workshops for workforce re-entry, contact Judy Richmond at jrichmond@geshermi.org or 248-233-4232.To read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult, CLICK HEREIf you're already divorced and are looking for post-divorce financial planning from an advisor who specializes in this area, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTIf you're considering divorce and want to prepare yourself financially, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Are you in your 50s (and up), divorced or in the process of divorce? A future long-term care need can derail your entire financial plan and divorce settlement-unless you're prepared. Long-term care needs in our later years can be catastrophically expensive-especially when you don't have a partner to share the burden. Whether it's in a desirable facility or in your home; you want to make sure you're protected. Join us as we talk with renowned Terry Altman, CLU, ChFC, CFP a veteran risk management and insurance expert, who brilliantly demystifies this complex topic. Terry, with his profound experience in the field, paints a clear picture of long-term care insurance, its importance, and who it is essential for. He emphasizes that this insurance doesn't just shoulder nursing home costs but also covers in-home care, something many people often overlook.RESOURCESLearn more about Terry HEREPhone: (248) 481-8775Fax: (248) 481-8776Send a Message to Terry R. AltmanTo read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult, CLICK HEREConnect with Terry on LinkedIn HereIf your already divorced and are looking for post-divorce financial planning from an advisor who specializes in this area, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTIf you're considering divorce and want some preliminary financial information, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Have you ever felt powerless in your financial life, or worried that someone close to you may be taking advantage of your money? We're here to help you recognize and overcome financial abuse. In this episode, Jacki Roessler, CDFA talks with Stacy Francis, CFP, CDFA, CES, president and CEO of Francis Financial and founder of Savvy Ladies, who shares her personal experience growing up with a grandmother who suffered from physical, emotional, and financial abuse. Together, we discuss the red flags of financial abuse, what steps to take if you suspect you're a victim, and how to reclaim your financial power. **This episode contains a content warning. Among the topics discussed are financial abuse and domestic violence. These topics can be upsetting. Please use self-care and caution to decide if you want to consume this content.** RESOURCESYou can learn more about Stacy Francis, CFP, CDFA, CES and find all the resources mentioned in this episode HERE.To read about how Pearl Planning can help you though your divorce or schedule an initial complimentary consult, CLICK HEREShare the Savvy Ladies HelplineIf you're considering divorce and want some preliminary financial information, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.https://francisfinancial.com/blog-posts/financial-abuse-the-most-common-type-of-abuse-that-far-too-many-ignore/
Navigating insurance after a divorce can be a complex and confusing process, but our guest, Mike Turkaly from Advanced Insurance, is here to guide us through it all. In this insightful conversation, we uncover the key differences between COBRA and individual policies, discuss the timing of when to elect COBRA coverage, and learn how premiums are usually handled. Mike further breaks down the basics of Medicare Part A and B, explaining the requirements for Medicare Advantage or Medicare Supplement plans. Resources: CLICK HERE to schedule an initial (no-charge) consult with Jacki to find out how working with a CDFA® can benefit you!Find out more about Michael through these links:https://advancedinsurance.net/https://www.smartandsimple.com/partners/advanced/To discuss your situation with Michael, email at mike@advancedinsurance.net or call his direct line at 586-782-9008Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Feeling stuck, overwhelmed or paralyzed with fear? These are common feelings for individuals going through divorce. In this episode, Jacki talks with Beverly Price, a divorce coach, to explore her tips on reframing emotional barriers and empowering people to regain control. Operating remotely with clients nationwide, Beverly assists them in advocating for their rights and making rational choices. Topic Covered Include:· Helping clients understand their own needs as it relates to the relationship· Overcoming embarrassment, anger and other intense emotions during divorce· Charting progress with an “emotional assessment” throughout divorce coaching· Coaching is different for women and men Resources: Schedule a free 30-minute consultation with Jacki to learn about divorce financial planning; Click Here to Book a Convenient Day/Time in Jacki's CalendarFollow us on Facebook at https://www.facebook.com/wealthyafterdivorce/Beverly Price, Certified Divorce© and Empowerment Coach can be reached at https://www.herempowereddivorce.com or beverly@herempowereddivorce.comFB Group - Women's Divorce and Empowerment Group | https://www.facebook.com/groups/divorcerecovery Linked In | https://www.linkedin.com/in/beverly-price Divorce and Empowerment Meetup group | https://www.meetup.com/womens-divorce-and-empowerment-group/ The Her Empowered Divorce podcast can be found at https://www.herempowereddivorce.com/podcast or wherever you listen to podcasts.Schedule a free consultation with Beverly at https://Beverly-Price.as.me/Consultation Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Getting through a divorce often takes a village. In fact, gathering an experienced team of professionals, can either make or break a smooth transition to post-divorce life. Adding a mortgage banker early in the process (yes, well before the case is settled) can change how you view settlement options. In this episode, Jacki interviews Erica Powers, CMPS®, CDLP® to discuss the following: The best time to consult a mortgage banker in divorceWhat are the most common barriers divorcees face with loan approval?Saving time and aggravation by working someone who has advanced training in divorce casesCurrent market forecast for summer 2023 in Michigan Resources: Erica Powers, NMLS #739673 of First Merchants Bank (Member of the FDIC and an Equal Housing Lender) can be reached HEREYou can also reach Erica at epowers@FirstMerchants.com and follow her on on Instagram @localmortgagebankerSchedule a complimentary 30 minute consultation with Jacki Roessler, CDFA to discuss how divorce financial planning can help you by clicking here .https://calendly.com/jacki-divorceplanner/get-to-know-you Read about protecting your credit score during divorce by clicking here https://pearlplan.com/2022/08/09/five-tips-to-protect-your-credit-score-during-divorce//Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Season One Finale! Special EpisodeA Candid Conversation with a Divorced Client and Jacki Roessler, CDFA In this Season One ending special episode, Jacki has a candid and personal conversation with her former client, “Diane", a data analyst who was blind-sighted when her husband left and filed for divorce. Now eight months post-divorce, she reflects on her struggles and successes during her divorce. This episode has important survival tips and will leave listeners with a hopeful message about finding confidence, joy and healing after the trauma of divorce. We will discuss:Coping with the emotional and social loss of divorceGathering the right team of professionals and support resources for your situationWhy you need a financial advisor that specializes in divorce Resources: · Learn more about DivorceCare's Online and In-Person Support Groups found across the country HERE· Local Resources for Women in Michigan can be found at https://www.womenscentersemi.org/· CLICK HERE to schedule an initial (no-charge) consult with Jacki to find out how working with a CDFA® would help you! Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
In this episode, co-host Melissa Fradenburg, CDFA®️, AIF® welcomes Tracy Coenen, a renowned forensic accountant who specializes in helping find money during divorce. Tracy has created a 10-step Divorce Money Guide to help you find hidden assets and take control of the finances during your divorce, and she and Melissa dive into a few of the steps. They also discuss how to spot financial fraud and infidelity, as well as what every spouse, especially stay-at-home partners, should know about their family finances.As a forensic accountant, Tracy has investigated hundreds of fraud cases in various industries and served as an expert witness in numerous cases involving damage calculations, commercial contract disputes, shareholder disputes, and criminal defense. Tune in for an informative and empowering conversation on how to take control of your financial future and learn from Tracy's wealth of knowledge.RESOURCESYou can learn more about Tracy Coenen and find all the resources mentioned in this episode HERE.To read about how Pearl Planning can help you though your divorce or schedule an initial complimentary consult, CLICK HereLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Senior divorcing couples (often referred to as “Grey Divorce”) face unique financial challenges when it comes to the marital home. If keeping the house is a priority for one spouse and there aren't enough assets in the estate to buy out the other's interest, couples may start thinking outside the box. Jacki Roessler, CDFA® and her guest, Brian Cohen, 131198 Senior Mortgage Banker-Reverse Mortgage Planner of Fairway Independent Mortgage Corporation talk about the pros and cons of reverse mortgages. Brian has built his success by providing clients with over 20 years of lending experience and insightful mortgage knowledge. His high degree of reverse mortgage knowledge allows him to also help seniors understand the sometimes confusing myths, terms and conditions of reverse mortgages in order to make sound, informed decisions about what is in their best interest. Topics discussed include:What is a reverse mortgage and who is eligible? Understanding the fees and costs of a reverse mortgage as compared to the fees and costs of a traditional mortgage.What risks are associated with reverse mortgages for you and your heirs?What is the process to obtain a reverse mortgage?RESOURCESConnect with Brian by clicking here HERETo read information about reverse mortgages provided by non-profit, AARP (American Association for Retired Persons), click HERETo find a HUD counselor Click HereLearn more about how Jacki Roessler, CDFA® helps divorcing clients evaluate information on reverse mortgages by emailing her at jacki@pearlplan.com. To read about Jacki or schedule an initial complimentary consult, CLICK HereLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
In this episode, Jacqueline Roessler, CDFA® and her guest, Leah Hadley, CDFA® talk about divorce and supporting the unique concerns of stay-at-home parents. For any client who has been out of the workforce and dependent on their spouse's income, financial fears can be a primary barrier to settlement. In fact, some people wait years to file for divorce simply due to that fear. Working with a CDFA (Certified Divorce Financial Analyst) as a “thinking” partner can provide insight on the process and teach clients how to analyze the financial decisions they're facing with confidence. We will discuss:The importance of understanding all the financial options as it relates to the houseMaking sure you don't sacrifice your retirement well-beingFunding for children's extra-curriculars, private school and college costs RESOURCESRead more about Leah's firm or connect with her on social media, HEREIG: https://www.instagram.com/watchherthrive/LI: https://www.linkedin.com/in/leahahadley/FB Page: https://www.facebook.com/greatlakesdfsFB Group: https://www.facebook.com/groups/watchherthrive Download Leah's Divorce Checklist to get organized before reaching out to a professional HERE Sign up for Leah's “Financial Freedom” Webinar HEREFind out how Jacki Roessler, CDFA® advocates for divorce clients during the divorce process by scheduling a complimentary 30-minute initial consult HERE Download Jacki's Budget Worksheet HERE Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial adv&a
Thinking about digging in and skipping legal advice in your divorce? In this episode, Jacqueline Roessler, CDFA® discusses the dangers of the new “DIY” divorce trend. Jacki addresses the main reasons clients object to hiring an attorney and walks the listeners through her opinion on why having legal expertise during divorce is critical to a good outcome. We will cover:The main benefits of working with an attorneyTips for saving money on your legal fees during divorceJacki's short list of suggestions to improve the client/attorney relationship during divorce Resources: · Contact Jacki via email at jacki@pearlplan.com· Read Jacki's recent blog on How Spousal Support is Decided in Michigan CLICK HERE to read now· Find out how Jacki Roessler, CDFA® advocates for divorce clients during the divorce process by scheduling a complimentary 30-minute initial consult https://calendly.com/jacki-divorceplanner/get-to-know-you?month=2022-12&back=1 Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Dividing property during a divorce can be a contentious topic for many couples. Today our guest is Family Law Attorney and Mediator Alisa Peskin-Shepherd. Alisa specializes in looking at what is presented to her as well as what is possible while practicing family law and conflict resolution. She will share her best practices for those navigating property issues during divorce. Resources:Listen to Alisa discuss Collaborative Divorce with Melissa Joy, CFP, CDFA in a throwback episode of our sister podcast, "52 Pearls" by clicking here.Find more information on Alisa Peskin-Shepherd HERE.Connect with Jacki Roessler and learn more about Divorce Financial Planning at Pearl Planning.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Finding footing and choosing next steps to live your best life after divorce can be overwhelming. Today our guest Nicole Middendorf, CEO of Prosperwell Financial, will be discussing how to live life to the fullest after divorce. Nicole is a born coach, entrepreneur, accomplished public speaker, author of 5 books and believes that sometimes out of the worst things in life sometimes comes the best. Nicole will share her experience navigating her own divorce and the path to a better future. Resources:Find out more about Nicole Middendorf and Prosperwell Financial.Connect with Melissa Fradenburg and learn more about Divorce Financial Planning at Pearl Planning.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Getting a divorce when one (or both) parties own a business adds an extra layer of ambiguity. Most often in these situations, the attorneys will recommend hiring an expert to place a value on the business. However, clients often feel unsure about the importance of taking on this added expense and effort. Jacqueline Roessler, CDFA is joined by business appraiser, Ben Bershad to provide clarity on the valuation process and why it's essential to a divorce with transparency. In addition, Ben discusses the business appraiser's critical role in determining the owner's income for purposes of child and spousal support. We will discuss:Why you need a business appraiser who is local and specializes in divorceThe two main roles of the business appraiser in divorce-and the one role that isn'tTaking the emotion out of business appraisals in divorceWhat goes on in the “room where it happens” when dueling business appraisers help attorneys and clients hash out a compromise?Resources: · Read more about Ben's firm, Bershad Valuation Consulting HERE· Contact Ben Bershad, ABV, CVA at bbershad@bershadvaluation.com· Find out how Jacki Roessler, CDFA® helps divorcing clients with a business by scheduling an initial consult by clicking this link https://calendly.com/jacki-divorceplanner/get-to-know-you?month=2022-12&back=1· Learn more about Business Appraisals and Divorce At Family Lawyer Magazine HereLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
In this episode, Jacqueline Roessler, CDFA® explains the QDRO process for post-divorce clients. Clients are often overwhelmed and confused by the length of the time it takes to put QDROs in place. Additionally, clients are confused about who plays what role in getting to the QDRO finish line and why it's important to be proactive. If you're wondering “where's my money?”, this episode will point you in the right direction.We will cover:What is a QDRO and why do you need one? The many stages of getting your QDRO processed When you can expect to receive your moneyResources:Contact Jacki via email at jacki@pearlplan.comRead Jacki's blog on QDRO timing HERE.Find out how Jacki Roessler, CDFA® advocates for divorce clients during the divorce process by scheduling a complimentary 30-minute initial consult HERE.As a companion to this episode, download our QDRO Process Flowchart by clicking here: https://pearlplan.com/wp-content/uploads/2023/01/QDRO_Process_Pearl_Planning.pdf Read the US Government's Accountability Office's Recommendation on the processing of QDROs after divorce HERE.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Finding a health plan can be overwhelming and there is more to shopping for health insurance than just finding the lowest premium. This weeks' guest, Anthony Fracchia, President, and CEO of Altruis Benefit Consulting will be discussing the process of purchasing health insurance after divorce. Anthony co-founded Altruis Benefit Consulting with his father in 2002, creating a business model that revolves around helping businesses, families, and individuals understand their benefit options and educating them on the differences. Altruis Benefit Consulting is one of largest producers of individual health insurance in the state of Michigan. Anthony will share why you should consider all options like available subsidies or tax credits before the final decree is signed, and why it is important to consider what your family's actual needs will be as far as medications, specialist visits and treatment rather than just the bottom line on your monthly premium. Resources:Find out more about Anthony Fracchia and Altruis Benefit Consulting. Connect with Anthony Fracchia on LinkedIn.Read Altruis Newsletter about open enrollment HERE.Find out more about changes to health insurance since the Affordable Care Act HERE. Connect with Melissa Fradenburg and learn more about Divorce Financial Planning at Pearl Planning.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
In this episode, Jacqueline Roessler, CDFA® sits down with family law attorney Jorin Rubin to get the inside scoop on spousal support in Michigan divorce matters. Following law school, Jorin worked for the United States Attorney's Office in New York in the civil division. Using that experience as the foundation of her private practice, she broadened her focus to the areas of criminal and family law. She has been practicing in Michigan since 2002. An aggressive litigator in both civil and criminal matters, Jorin knows when a fair and reasonable agreement has been reached and when to engage in litigation “warfare.” Her clients also appreciate her empathy and sense of humor which she brings to all her cases. We will discuss:•How Spousal Support is determined in Michigan divorces •The four most important factors considered in spousal support•Pros and Cons of Modifiable vs. Non-Modifiable supportResources:Read more about Jorin's firm, Rubin Frampton HEREContact Jorin Rubin at Jorin@RubinFrampton.comRead about Jorin's selection as a prestigious SuperLawyer HEREListen to this podcast on why developing a budget is so important HEREBook an intro appointment with Jacki Roessler, CDFA HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Social Security rules and calculations are confusing for everyone. Being divorced doesn't make it simpler. The good news is Social Security representatives can make it easier. We go to the source with our guest, Vonda VanTil, the public affairs specialist for Social Security servicing Michigan. Jacki Roessler and Vonda get into the nitty gritty of Social Security rules for divorced spouses - in plain English. We will discuss:What are Social Security former spouse benefits?Do you meet the age and marriage length requirements?When can you begin collecting benefits?Little known filing trick to maximize benefitsEffects of remarriageResources:Sign up for your own Social Security account HereLearn more about Social Security Divorced Spouse Benefits HereSchedule an appointment to discuss your benefits with your local office by calling 1-800-772-1213 (TTY 1-800-325-0778)Find out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life. https://pearlplan.com/financial-planning-services/financial-planning/2022 Year-End Tax Tips for Divorcing Clients: CLICK HERE FOR A QUICK READLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Getting through a divorce (well) often takes a village. In fact, gathering an experienced team of professionals, each specializing in divorce can either make or break a smooth transition to post-divorce life. In addition to a divorce attorney and a divorce financial planner, adding a realtor who specializes in divorce can be a time and money saving addition to the team. In this episode, Jacki interviews Jodi Douglas, a local realtor who has created a unique process designed specifically for working effectively with divorced and divorcing clients. We will discuss:The emotional attachment to the house as a “home” versus an asset to be soldThe pros and cons of making repairs before listing the home for saleDeveloping a united front with both clients and their lawyers when selling the marital homeTreat your buy-out as a new purchaseFiguring out if you can afford the home before your ask to keep itFirst year is an adjustment period-get a home warrantyResources:Find out more about Jodi Douglas CLICK HERE FOR JODI'S WEBSITEContact Jodi L. Douglas, MS, CNE, RCS-D at 734.660.5060 (Cell) | 734.761.6600 (Office)Mindful Divorce Page: https://www.mindfuldivorceconsultinggroup.com/advisorsFind out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life. https://pearlplan.com/financial-planning-services/financial-planning/2022 Year-End Tax Tips for Divorcing Clients: CLICK HERE FOR A QUICK READLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Are you recently or soon-to-be divorced? As a CERTIFIED FINANCIAL PLANNER® professional and Certified Divorce Financial Analyst®, Melissa Joy specializes in post-divorce financial planning and wealth management. She is the founder of Pearl Planning, podcast host of 52 Pearls: Weekly Money Wisdom and has over 20 years industry experience. In this episode, Melissa Joy and host Melissa Fradenburg CDFA® discuss important year end financial planning for recently divorced individuals. Learn what to review when it comes to taxes, investments, and cash reserves and how to organize your financial "to-do's" and set intentions going into the new year. Resources:Find out more about Melissa Joy, CFP® Listen to Episode 140: Making the Most of Your Employee Benefits with Melissa Joy.Listen to Episode 11: Keeping Halloween Sweet for Divorced Families with Brett Sherman.Watch the REPLAY of Pearl Planning Year End Planning Webinar for 2022. Find out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life. Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
Fall and early winter is a special time of year for children in the Midwest. Apple orchards, pumpkin patches, Halloween, Thanksgiving and Christmas/Hannukkah are exciting! For divorced families who are settling into their new normal, holidays also have the potential to generate anxiety for children. In this episode, Jacqueline Roessler, CDFA® invites psychotherapist Brett Sherman to share simple (but profound) pro-active strategies divorced families can implement right away to keep Halloween (and any other holiday) fun and enjoyable for their children. Brett specializes in working with children and adolescents and also works as a parenting coordinator/coach for divorced and divorcing families. We will discuss:The importance of advance planning with your co-parentUnderstanding that holidays intensify emotions for childrenShould families continue celebrating together or should they create new separate traditions with children?Setting firm boundaries with extended family Resources:Find out more about Brett Sherman HEREContact Brett Sherman HEREFind out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life. https://pearlplan.com/financial-planning-services/financial-planning/Learn more about tools for co-parenting with Our Family Wizard HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
In this episode, Jacqueline Roessler, CDFA® and renowned financial planning visionary, author, speaker and founder of the “Sudden Money Institute”, Susan Bradley discuss recognizing and respecting the stages of trauma when working with divorcing and divorced clients. Even though the world thinks clients should be “over” their divorce within the first year, divorce financial planners know that the transition to a happy new “normal” can take years versus months to achieve. Susan provides practical tips for making the working relationship between divorce clients and their advisors (legal and financial) more effective and productive along the road of the divorce transition. Susan is seen and heard frequently in the national media, including NBC's Nightly News, CNN, NPR, The Wall Street Journal and The New York Times.We will discuss:The stages of divorceSettlement Stage: occurs during the divorce processEnding Stage: handling all the new financial aspects that need to be addressed after the divorcePassage Stage: A critical time of adapting/adjusting and rethinking what you really want - can last 3-5 years. New NormalHow to make financial decisions during all stages of transitionResources:Find out more about the Sudden Money Institute HEREWatch Susan Bradley's TEDX talk HERESusan Bradley's groundbreaking 2001 book “Sudden Money' can be purchased here: Purchase Sudden Money on AmazonSusan Bradley's new book, “Shaping Change: How To Respond When Life Disrupts Your Retirement Plan” can be purchased here “Find Susan's New Book HereFind out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life. https://pearlplan.com/financial-planning-services/financial-planning/Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
In this episode, Jacqueline Roessler, CDFA® and trust and estate planning attorney Kristen Gross discuss why it's critical to get your estate in order as soon as the divorce is final. In this truly eye-opening episode, Kristen explains issues that can arise when estate planning is delayed after the divorce. Kristen also shares important information about pre-nuptial agreements used to preserve wealth after a divorce and how to keep separate money truly separate when you get remarried. We will discuss:The importance of updating all beneficiary designations after a divorceThe importance of finalizing title changes on real estate transfers before death of either partyAddressing minor children's needs after the divorce within your estate planHow to find the right estate planning attorney for your needsPre-nuptial contracts to preserve post-divorce wealth Resources:Find out more about Kristen Gross HEREContact Kristen Gross - Kristen@KRGlegal.comFind out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life HERE.Read, Is Time Running out on Getting Your Qualified Domestic Relations Order?Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
When a divorcing couple decides it's time to sell their home, is it better to sell while the divorce is pending or after it's final? What are current market conditions like for sellers in Michigan? How do realtors help mitigate conflicts that arise when they're working as a neutral agent party for both clients? Jacki interviews realtor Jolene Jacobs of Jacobs Group Realty in Royal Oak, Michigan to get her expert opinion on these topics and more. You Will Learn: What should sellers expect in the Michigan housing market today?Reasons to sell your home while the divorce is still pendingDoes it matter if you use a realtor who is used to working with divorcing clients?Resources:Reach out to Jolene at https://www.jacobsgrouprealty.com/Contact Jolene at KW Metro, 248-218-0034, 423 South Washington Ave, Royal Oak,, MI, 48067Book an appointment with Jacki Roessler to discuss pros and cons of keeping the marital home.Links are being provided for information purposes only. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional. Historical performance results for investment indices, benchmarks, and/or categories have been provided for general informational/comparison purposes only, and generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results. It should not be assumed that your Pearl Planning account holdings correspond directly to any comparative indices or categories. Please Also Note: (1) performance results do not reflect the impact of taxes; (2) comparative benchmarks/indices may be more or less volatile than your Pearl Planning accounts; and, (3) a description of each comparative benchmark/index is available upon request.
In this episode, Melissa Fradenburg, CDFA and Jamie Wilkerson CPA, discuss the common tax issues and considerations in divorce. With over 20 years of experience as a CPA and experience going through her own divorce, Jamie knows there are a lot of financial changes through the process. While it can be daunting to face these changes, especially if you were not the one filing taxes in your marriage, our goal in this episode is to break down the main issues you should address if going through or recently divorced.We will discuss:· How to determine your filing status?· When do you get to claim children as dependents?· What tax credits might you be eligible to get?· How is spousal support taxed?Resources:· Find out more about Jamie HERE.· Contact Jamie Wilkerson HERE.· Find out how Pearl Planning can help in the divorce process HERE.· Read, Is Time Running out on Getting Your Qualified Domestic Relations Order?Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.
The divorce is final and you've decided on your temporary (and maybe long-term) housing plan. Life Coach and Professional Organizer, Amelia Pleasant Kennedy shares some of her most valuable tips to help you with your post-divorce transitions whether they involve getting your house ready for sale, downsizing, organizing or simply creating a peaceful new space for your family. Guest: Amelia Pleasant Kennedy, Certified Deep Dive Life Coach + Professional OrganizerNAPO Michigan President 2021-23NAPO Awards + Recognition Chair, 2022-24443.691.4274 | www.apleasantsolution.comResources:Hashtag: #apleasantsolution IG / FB: @apleasantsolutionLinkedIn: https://www.linkedin.com/in/ameliapleasantkennedy/Website: www.apleasantsolution.comLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.
The dreaded B word…that's right, it's “Budget”. The first and most important piece of advice I have for every person considering, in the middle of and even after divorce is to create a monthly budget for yourself. Why is a budget so important? One important reason is that it's a critical tool your attorney can use when advocating for you with respect to spousal support/alimony. It solidifies what your post-divorce financial needs will be. However, the most important reason is that creating a budget is a powerful and eye-opening experience. People going through divorce are often operating in panic mode where it's difficult to make decisions with the rational part of your brain. Putting numbers to emotional wants (i.e. keeping the house, a pension, the kids in private school, etc..) takes you out of the emotions and into reality. We hope this episode helps you Embrace the B Word! If you need help creating a budget or with analyzing your financial options during your divorce, schedule a consult with Jacki Roessler, CDFA at Pearl Planning. Book Consult Here.Resources:Jacki Roessler LinkedInAbout JackiBlog Posts by JackiPodcast Episode on Temporary Support with Attorney Max EmmerThe Value of a Divorce Financial AnalystLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.
The divorce is final and everyone wants to take a break from all things divorce-related. Yet, now is the right time for clients to immediately get started on their QDROS. What is a QDRO and why do you need one after your divorce? A QDRO (short for Qualified Domestic Relations Order) is a legal document (separate from your Judgment of Divorce) that transfers ownership from one spouse to the other in a qualified (i.e. employer sponsored) retirement plan-like a 401k or pension. The only way to transfer ownership of these types of assets is with a QDRO. Yet, many people are overwhelmed after the divorce and procrastinate getting their QDRO done. Dave Roessler, of Divorce Solutions, a Michigan QDRO preparation company https://www.divorcesolutionsllc.com/ shares his insight on why people wait and why waiting can be dangerous for the person waiting to receive the money. If you need help getting your QDRO forms completed, schedule a consult with Jacki Roessler, CDFA at Pearl Planning here https://calendly.com/jacki-divorceplanner/get-to-know-you?month=2022-07&back=1.Resources:Divorce Solutions, LLCQDROs PDFInformation about survivor benefits for spouses and beneficiariesIs Time Running out on Getting Your Qualified Domestic Relations Order?Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.
How will market volatility affect your divorce settlement? Melissa Fradenburg, CDFA® and Jacki Roessler, CDFA® discuss what's behind current market ups and downs and how it could impact divorce settlements. Listen in for their best tips on how to navigate any rocky waters ahead. Resources:Will I Have Access to Money When I File for Divorce?Four Things To Do Now if You Got Divorced in 2021Episode 52: Tax Considerations in Divorce with Jamie Wilkerson MajniSet up a consultation with Jacki Roessler, CDFA HERESet up a consultation with Melissa Fradenburg, CDFA HEREFind out more about Pearl Planning HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.
How do you remove your ex-spouse's name from the mortgage after the divorce? How do you know if you'll qualify on your own for a mortgage after divorce? What happens if your ex-spouse doesn't make the mortgage payments? These are questions that should be considered before you sign your Judgment of Divorce. In this episode, Carri Goldring, CDLP shares her top mortgage tips for divorcing men and women in Michigan.Guest: Carri Goldring- Mortgage Specialist, CDLP (Certified Divorce Lending Professional)Resources:https://www.uhm.com/cgoldring/https://www.linkedin.com/in/carri-goldring-cdlp/https://www.facebook.com/MortgageCarri/Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.
Are you afraid to file for divorce because you don't have access to marital funds? How will you pay your attorney's retainer or pay the household expenses if your spouse moves out? In the episode, Michigan family law attorney, Max Emmer, will ease the fears many women (and men!) have when it comes to taking the first step in the divorce process. Max shares some practical tips and mistakes to avoid. Resources: · Find out about Max Emmer Law Plc. · Read a blog, Will I Have Access to Money When I File for Divorce?· Learn about Jacki Roessler and Pearl Planning. · Read a blog, Max Emmer Sits Down with Pearl Planning to Discuss Common Money Issues During Divorce. Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.