Podcasts about divorce planning

The divorce conversation has happened—and now you're still living together.** Tensions are high, emotions are raw, and the atmosphere at home feels like a ticking time bomb. In this episode, we unpack what to do *after* the divorce bomb drops—how to survive and even strategically thrive in the uncomfortable in-between of sharing space with someone you're separating from. First things first: before anything escalates, it's critical to understand your legal rights and quietly begin gathering financial documentation—especially if there's a risk your spouse might hide or manipulate assets once they know you're serious.** We'll also explore what it looks like to have the divorce conversation with your children—how to support them honestly without oversharing or putting them in the middle. You'll hear how to create emotional and physical boundaries that protect everyone involved. From separate bedrooms to shared parenting time, this episode is packed with real talk and practical strategies. You'll learn how to stop walking on eggshells, communicate calmly, and lead with clarity rather than chaos. Even while still living together, you can begin laying the groundwork for a strategic, empowered divorce—one step, one boundary, one conversation at a time. Journey Beyond Divorce Resources: Book a Free Rapid Relief Call: http://rapidreliefcall.com  Join the Free Divorce Paralysis Workshop: https://www.jbddivorcesupport.com/overcoming-divorce-fear Follow JBD on Instagram: @journey_beyond_divorce

In this episode of Absolute Trust Talk, host Kirsten Howe continues her valuation discussion with expert Alex Spaete from Bridge Forensic CPAs, exploring the intricacies of asset valuation. The discussion focuses on how privately held assets are valued, particularly examining discount factors applied to LLC interests based on control limitations and marketability constraints. Alex explains how family dynamics influence valuations, especially when implicit control exists despite limited ownership percentages. The conversation covers valuation approaches for unusual assets like promissory notes and accounts receivable, with Alex sharing real-world examples, including commercial rag manufacturing and Weather Derivatives. This show highlights why professional valuation expertise is essential when dealing with complex assets during estate planning, business transitions, or divorce settlements.   Time-stamped Show Notes: 0:00 Introduction 2:48 Diving back into the discussion, Alex breaks down the two main components of discounts: control factors and liquidity considerations that affect final valuations. 4:10 Here, we explore how operating agreements significantly impact valuation and what control considerations you should be aware of. 4:49 Gain insights on the fascinating impact of family dynamics on valuations, mainly how they come into play in divorce scenarios. 8:17 Find out whether the IRS requires taking discounts when available and the tax implications of valuation choices. 11:06 Alex explains the complexities of valuing promissory notes and how changing interest rates can dramatically affect their worth. 12:27 Before signing off, you must hear more about Alex's most interesting case studies, including an unusual rag-making business and complex weather derivatives.

Divorce can disrupt every aspect of your life—your home, finances, and family dynamic. Clarity is key to navigating this challenge successfully. In this episode, I sit down with Andrea Vacca, a leading New York divorce attorney and expert in collaborative divorce, to explore essential steps for a smoother process. We discuss understanding your legal rights, organizing financials, initiating the conversation with your spouse, and co-parenting, especially while living under the same roof. It's about starting strong, staying child-focused, and minimizing conflict. Andrea also shares strategies for setting boundaries, improving communication, and avoiding court through a collaborative divorce approach. If you're feeling overwhelmed, know that with the right mindset, you can navigate this transition with confidence and dignity. Andrea Vacca is the founder of Vacca Law and Mediation, specializing in non-adversarial divorce and family law. A certified mediator and collaborative divorce attorney, she's committed to helping clients achieve peaceful resolutions, protect their families, and move forward without unnecessary conflict. Resources Mentioned in this episode: FREE Pre-Divorce Checklist - https://www.vaccalaw.com/pre-divorce-checklist/ Join the FREE April 16th Workshop: Overcoming Divorce Fear and Paralysis - https://www.jbddivorcesupport.com/overcoming-divorce-fear Learn more about Pre-Divorce Guidance: https://www.vaccalaw.com/pre-divorce-guidance/ A word from our sponsor: TalkingParents provides a comprehensive platform designed to simplify co-parenting and enhance communication between parents. With secure messaging, a shared calendar, and features for tracking parenting time, TalkingParents ensures that all important details and agreements are documented and accessible.  We're grateful for TalkingParents' support in simplifying co-parenting and enhancing communication for our listeners. Discover how TalkingParents can bring clarity and organization to your co-parenting journey at www.talkingparents.com/jbd  

In this insightful episode of Absolute Trust Talk, host Kirsten Howe welcomes Alex Spaete, a valuation expert and partner with Bridge Forensic CPAs. In part one of their discussion, Kirsten and Alex explore the complex world of asset valuation, particularly focusing on closely held businesses and real estate holding partnerships. Alex explains why valuing private entities requires specialized expertise beyond what's needed for bank accounts or publicly traded securities. The discussion clarifies the critical distinction between owning a percentage of a business entity versus owning the underlying assets themselves. Alex details the two primary approaches to valuation—net asset value and income analysis—and how they apply to different types of business structures. Whether you're planning your estate or simply curious about business valuations, this episode provides valuable foundational knowledge about how professionals determine what complex assets are truly worth.   Time-stamped Show Notes: 0:00 Introduction 3:14 To kick things off, we talk about why asset valuation matters in estate planning, particularly for complex assets. 4:35 Next, Alex explains his focus on closely held companies and non-publicly traded entities. 6:24 Now, we will dive into common valuation scenarios, particularly for privately held businesses and real estate holding partnerships. 8:02 Listen here for an explanation of real estate holding partnerships and how they differ from direct property ownership. 11:07 Learn about understanding net asset value as a critical starting point for business valuation methodologies. 12:54 Discover the important concept of discounting in valuations and why the sum of parts may not equal the whole value.

One of the most emotional and financially complex decisions in divorce is what to do with the marital home. This property often represents security, stability, and normalcy—especially with children involved. However, the decision to keep or sell the marital home comes with significant financial and legal implications that many people, and even attorneys, may overlook. In this episode, we'll explore the pros and cons of keeping the marital home, the risks of co-owning after divorce, and the challenges of selling or buying out a spouse's share. We'll also discuss what the monied spouse should consider in a buyout, financial hurdles for the lesser-monied spouse, and key mortgage considerations. Plus, we'll touch on the role of alimony, child support, and how high interest rates impact real estate decisions in divorce. Join Jeff Landers, a divorce real estate expert with 40 years of experience, as he shares valuable insights to help you navigate the complexities of the marital home during divorce—ensuring you make the best decision for your financial future. Connect with Jeff: How To Keep Your Martial Home So You Can Move On, Not Out®: https://divorcehousesense.com/ - Enter JBD at checkout for your $2 OFF coupon  Linkedin: https://www.linkedin.com/in/jefflanders/ Facebook: https://www.facebook.com/DivorceHouseSense/ Journey Beyond Divorce Resources: Follow JBD on Instagram: @journey_beyond_divorce Book a Free Rapid Relief Call: http://rapidreliefcall.com  Join the High Conflict Divorce Support Group: https://www.jbddivorcesupport.com/hcdsg A word from our sponsor: TalkingParents provides a comprehensive platform designed to simplify co-parenting and enhance communication between parents. With secure messaging, a shared calendar, and features for tracking parenting time, TalkingParents ensures that all important details and agreements are documented and accessible.  We're grateful for TalkingParents' support in simplifying co-parenting and enhancing communication for our listeners. Discover how TalkingParents can bring clarity and organization to your co-parenting journey at www.talkingparents.com/jbd

"I'm dedicated to dispelling financial uncertainty for women and guiding them toward self-reliance." - Donna S. Cates Divorce is challenging, especially when significant wealth is involved. Dividing assets, valuing complex holdings, and ensuring financial stability for both parties requires specialized expertise. In this episode, Certified Divorce Financial Analyst (CDFA®) Donna S. Cates provides insights into high-net-worth divorce, covering key topics such as equitable distribution, valuing businesses and real estate, tax implications, and strategies to secure your financial future. Whether you're in the midst of divorce or rebuilding afterward, Donna's advice will help you navigate this complex transition. Donna, with over 20 years of experience, is a leader in financial empowerment, particularly for women. As the founder of "Money Matters Wealth Solutions" and "Navigating Divorce," she provides expert financial planning and divorce mediation services. She's also the bestselling author of Divorce Decoded and Financial Trendsetters. Join us for this crucial conversation on: Equitable vs. equal distribution of assets Valuing complex assets like businesses and intellectual property Tax implications and preserving wealth after divorce The benefits of working with a CDFA® during divorce If you're facing the challenges of high-net-worth divorce, this episode is a must-listen. Connect with Donna: Free Gift: Surviving the Storm: Navigating Through Divorce with 5 Smart Financial Steps - https://go.moneymatterswealth.com/surviving-the-storm Instagram: https://www.instagram.com/donnacates Facebook: https://www.facebook.com/MoneyMattersWealth; https://www.facebook.com/DivorceDivasAlabama/ LinkedIn: https://www.linkedin.com/in/donnacates/    Journey Beyond Divorce Resources: Join the High Conflict Divorce Support Group: https://www.jbddivorcesupport.com/hcdsg Follow JBD on Instagram: @journey_beyond_divorce Book a Free Rapid Relief Call: http://rapidreliefcall.com  A word from our sponsors: Soberlink is a revolutionary tool designed to support individuals in their journey to sobriety. As a leading provider of remote alcohol monitoring, Soberlink offers a secure and reliable solution that helps people stay accountable and transparent in their recovery process. We're grateful for Soberlink's commitment to enhancing the recovery process and providing valuable resources to our listeners. Learn more about how Soberlink can make a difference in your journey at www.soberlink.com/jbd ======= TalkingParents provides a comprehensive platform designed to simplify co-parenting and enhance communication between parents. With secure messaging, a shared calendar, and features for tracking parenting time, TalkingParents ensures that all important details and agreements are documented and accessible.  We're grateful for TalkingParents' support in simplifying co-parenting and enhancing communication for our listeners. Discover how TalkingParents can bring clarity and organization to your co-parenting journey at www.talkingparents.com/jbd

In this episode of Law Talk with the Flock, we sit down with Aaron Bourne, a Senior Associate Attorney at Goosmann Law specializing in family law. Aaron shares his client-centered approach to divorce and family law, emphasizing asset protection and the well-being of children in each unique situation — from navigating an amicable divorce to effective co-parenting and safeguarding significant assets.The episode also covers the challenges of asset division in divorce, particularly in cases involving businesses and real estate, and strategies for fair settlements such as a buyout of one spouse's share in a family farm.Additionally, Aaron addresses divorce with children and its emotional toll, stressing the importance of maintaining an amicable relationship with an ex-spouse and creating a solid co-parenting plan to minimize distress.Listeners can gain valuable insights into Aaron's approach to family law in the Midwest, which blends legal guidance with a deep understanding of his clients' unique challenges.Visit our Website Follow Us on LinkedInSubscribe to our NewsletterRead Jeana's Book: Worth It

In this episode of Absolute Trust Talk, host Kirsten Howe is joined by the accomplished Ruth Koller Burke, Partner at Koller Herlihy LLP, whose 25+ years of experience span estate planning, trust administration, and probate litigation. Ruth's dual expertise as both an estate planner and litigator—gained through years of representing Fortune 500 companies and managing high-stakes family dynamics—brings an invaluable perspective to this discussion.   Together, Kirsten and Ruth dive deep into the complexities of community and separate property in estate planning. From clarifying what distinguishes assets owned before marriage from those accumulated together, to understanding the role of trusts and navigating pre- and post-nuptial agreements, they leave no stone unturned. Whether you're planning for a first marriage, a blended family, or any unique scenario, this episode offers actionable advice to help you safeguard your legacy and avoid future complications.   Time-stamped Show Notes:   0:00 Introduction 1:28 Meet Ruth Koller Burke and learn how her dual expertise as an estate planner and litigator provides unique advantages for estate planning clients. 3:15 What's the difference between community and separate property? Ruth and Kirsten explain these terms and why aligning estate planning with prenuptial or postnuptial agreements is critical. 5:20 How do prenuptial and postnuptial agreements influence estate planning? Get expert insights into how estate planners approach these agreements. 8:40 Second marriages and commingling assets can complicate estate planning—hear a real-world example of how to handle these situations effectively. 10:28 Should married couples have separate trusts, a community trust, or a mix? Ruth and Kirsten delve into this key question and offer tailored solutions. 13:12 Protecting separate property from being unintentionally commingled is crucial—press play for practical tips on keeping assets clearly defined. 16:38 Thank you, Ruth, for sharing your insights! Don't miss the next episode, where Kirsten and Ruth dive into estate planning horror stories and how to avoid them.

In this episode, I'm joined by Nikki Tucker, a seasoned financial professional with over 20 years of experience and the Founder of The FIIRM Approach. Her business is dedicated to empowering women to navigate financial uncertainty and overwhelm, particularly when preparing for uncoupling or divorce.   Nikki is passionate about ensuring all women achieve financial security. Her mission is to equip women with the knowledge and confidence to manage their finances effectively.   In our conversation, we cover:   How Nikki supports breadwinning women   Strategies for women to secure their financial future after a divorce   The critical role of budgeting during a divorce     Tune in to this episode and share it with every woman in your life!   Connect with the host, Patrina Dixon   +Instagram https://www.instagram.com/itsmymoney_/    +Facebook https://www.facebook.com/profile.php?id=100013355082005    +Twitter https://twitter.com/itsmymoney_    +YouTube https://youtube.com/c/It%E2%80%99sMyMoneywithPatrinaDixon    +Pinterest https://pin.it/5x8rOTp    +Website http://www.itsmymoneyjournal.info/    Connect with guest, Nikki Tucker +Website https://thefiirmapproach.com/   

Send Us a Message (include your contact info if you'd like a reply)Our guest today smashes the idea that an "amicable divorce" means that the couple is getting along and getting to agreement without conflict. Instead, she promotes the revolutionary idea that it's the mindset of the professionals involved that determine whether the divorce process is amicable.We're pleased to introduce you to Tracy Moore-Grant, Founder of the Amicable Divorce Network. The Amicable Divorce Network (ADN) is a global network of seasoned, licensed professionals who are dedicated to helping families navigate divorce through the Amicable Divorce Process, a modern, civilized, transparent, and cost effective alternative to adversarial divorce litigation. They are the only network in the world vetting divorce professionals for their experience, commitment to a resolution-focused practice, and engagement in fair billing practices.More and more family law attorneys are exiting the world of litigation because they see what it does to families and it doesn't align with their personal values. Tracy explains this concept of "moral injury" and why it is the driving force behind the shift we are seeing in how divorce professionals choose to use their gifts and skills.When professionals are focused on resolution, it saves clients time, money, and emotional energy. As Tracy explains, handing over decision making power to an adversarial attorney or a judge is an expensive way to be sure you spend money you don't have on things you might not want.The bottom line is that the professionals you choose to work with have a tremendous amount of influence on your divorce process, the cost and the level of conflict - choose carefully!Find Tracy and the Amicable Divorce Network:Tracy's ABA Article: The Argument For Less Argument in DivorceADN Website: amicabledivorcenetwork.com or divorceamicably.comFind an ADN Professional: Member Directory Learn more about DCA® or any of the classes or events mentioned in this episode at the links below:Website: www.divorcecoachesacademy.comInstagram: @divorcecoachesacademyLinkedIn: divorce-coaches-academyEmail: DCA@divorcecoachesacademy.com

Send Us a Message (include your contact info if you'd like a reply)We're tackling one of the most challenging and emotionally charged questions many of our clients face: How do you know when it's time to divorce?No marriage is 100% happy all the time. Like any relationship, it's filled with both good times and hardship. But for some, the challenges become chronic and overwhelming, leaving them wondering if ending the marriage is the right choice. Deciding to divorce is never easy and it's rarely straightforward.  As actress Kate Hudson said, “The process of discovering with somebody that you love that you don't work is so painful.”In this week's episode, we'll explore the signs that indicate it might be time to part ways, the importance of weighing both emotional and practical factors, and the tools and strategies you and your clients can use to arrive at a decision that's right for them.  And we'll talk about the importance of preparing for the night you take dinner out of the oven - a favorite story that Debra likes to share.When it comes to making this big decision, we often find that clients already know that ending the marriage is inevitable, they just have some fears that we called “The Big Buts” in episode #75. They worry about finances, their kids, and conflict. They don't know where to start and they truly don't understand the process, their options, and the amount of control they have over the cost, the amount of conflict, and the outcome.That's why we encourage you to partner with your client to develop an exit strategy. This means helping them gather the information they need and develop action plans to remove the fear and uncertainty around when and how to divorce. Fear is not only the obstacle that keeps individuals stuck in unhealthy, unhappy marriages unable to make decisions or take action, but it's also the number 1 driver of cost and conflict in divorce. Join the Case Consultation and Mastermind Group on divorcecoachesacademy.com Learn more about DCA® or any of the classes or events mentioned in this episode at the links below:Website: www.divorcecoachesacademy.comInstagram: @divorcecoachesacademyLinkedIn: divorce-coaches-academyEmail: DCA@divorcecoachesacademy.com

In this episode, we delve into the critical importance of creating a holistic divorce plan that encompasses physical and mental wellness, finances, and family transitions. Divorce is often unplanned, occurring during one of life's most challenging periods. We explore why it's difficult to plan amidst emotional turmoil, unfamiliarity, and court-driven timelines. Yet, these very reasons highlight the necessity for a comprehensive strategy. We'll discuss how a well-rounded divorce plan can support your health, provide knowledge, and ensure effective routines. We'll contrast a standard financial plan with a divorce plan that addresses psychological and emotional aspects. Finally, we'll introduce the 5F Model, emphasizing the interconnectedness of fitness, fervor, family, and finances, illustrating how a thoughtful investment in divorce planning can yield significant returns during and after the divorce process.Transform your divorce experience for long-term success. Learn how to manage conflict, elevate relationship dynamics, and enhance financial savvy. Visit www.youtreecoaching.com now."A Man's Journey Through Divorce" Patreon page gives listeners access to target support that matches where they are in the divorce process. Support Resources on PatreonFind my poetry book Spirit Poems on Amazon.

How do you navigate the stormy waters of divorce when adult children with disabilities are involved? It's a tough situation that needs careful planning and thought to make sure everyone in the family is okay.   In this episode, Annette Hines provides insights into the challenges faced by divorcing parents of adult children with disabilities, emphasizing the need for clear communication and effective guardianship. She advises keeping the adult child out of the divorce process and separating their welfare discussions from other divorce issues. Hines also highlights the importance of estate planning, recommending neutral third-party trustees, and including life insurance policies in divorce agreements for ongoing financial support. Additionally, she explains the legal steps needed to direct child support payments into a trust, protecting public benefits like SSI and Medicaid.   In this episode, you will hear: Why effective communication is crucial in co-guardianships How life insurance policies can be utilized in divorce agreements to support dependents The benefits of involving a neutral third party in managing special needs trust Why adult children with disabilities should be kept out of the divorce process How child support payments can be directed into a trust to protect public benefits like SSI and Medicaid Engage with us: Join our community: Circle of Care Visit:  https://annettehines.com Read Butterflies and Second Chances LinkedIn: @annette-hines-snc  Instagram: @parentingimpossible Facebook: @SpecialNeedsCompanies Twitter: @SpecialNeedsCo   Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Tax Strategies to Maximize After-Tax Proceeds of a Business SaleWe had the pleasure of interviewing Greg Carlson, CPA partner with Boyum Barensheer who specializes in tax strategies for privately held companies. Greg has been working with owners for over 30 years and he could really share some stories. His work has surely made a significant impact in the lives of his clients and he knows the exit planning process really well, but as Greg says, you have to take advantage of some tax strategies right at the outset, not at the end. Greg's specialties include Tax, M&A, Succession Planning, Divorce Planning and Estate Planning. With numerous credentials, he can advise in most any primary category for preparing an owner for exit, yet believes strongly in the collaborative effort required for a favorable outcome. Should you sell your business Stock or sell the Assets? A Stock vs Asset Sale has benefits and drawbacks for each side of the table. For sellers, a stock sale is more advantageous, just as an Asset sale works better for buyers. The Capital Gains liability and other tax implications affect both buyers and sellers in different ways. We talked about Goodwill, how it affects purchase price and what it includes. We decided we needed an entire episode just to cover that topic. Suffice it to say, Goodwill includes anything you can't touch. Tangible assets like equipment, real estate, inventory are part of the business value, but the lion's share is in the intangible: customer list, key people, proprietary processes, brand, etc. Lots of goodwill means lots of value! In other words, build your intangible asset value while you still own your company for a better payoff later. Great advice from a true expert; listen to the episode hereFind Greg hereSupport the Show.Are you ready for your best exit? There is no time like the present to prepare. Check out these resources offered by KeyeStrategies: Business Readiness Transition online course Free Ebook download here Purchase Poised for Exit book here

Jennifer Lee is a highly experienced financial expert and the founder of Modern Wealth, a Sarasota-based firm specializing in guiding individuals through significant life transitions. With over three decades of industry experience, Jennifer's approach is deeply rooted in understanding her clients' values and aspirations, translating financial resources into meaningful life goals. She particularly focuses on empowering women through life changes such as divorce, inheritance, and retirement planning, bridging the emotional and financial aspects seamlessly. Central to her philosophy is the concept of the "family love letter," facilitating communication of values, wishes, and financial plans to loved ones. Jennifer's accessible demeanor and unwavering commitment to client success make her a trusted advisor, whether through her book, podcasts, or personalized consultations, as she helps clients achieve financial well-being and leave a lasting legacy.SHOW SUMMARYIn this episode of The Disruptive Successor Show, Jonathan Goldhill delves into the intricate world of family businesses and financial planning with guest Jennifer Lee, founder of Modern Wealth. From her unique perspective as a successor in a family business, Jennifer shares insights on the emotional intersections of finance, family, and legacy. Key topics include the importance of communication, crafting a family love letter, and bridging generational transitions in wealth and business.KEY TAKEAWAYSNavigating Generational Transitions: Understanding the complexities of transitioning wealth and business ownership between generations, from succession planning to fostering communication.Emotional Intelligence in Financial Planning: Recognizing the emotional impact of financial events and leveraging emotional intelligence to guide clients through transitions.The Power of the Family Love Letter: Exploring the concept of the family love letter as a tool for communicating values, intentions, and financial plans to loved ones.Challenges Facing Women in Finance: Addressing the unique challenges women face in financial planning, from divorce to navigating family business dynamics.Building Trust and Connection: Establishing meaningful connections with clients by aligning financial strategies with personal values and goals.QUOTES"Money is just a tool. It's not something to fear. It's a tool to facilitate where you want to go.""It's never too late to get started today.""Opening the mind of the existing owner to the future and to different scenarios is key to bridging generational transitions.""The family love letter softens communication between family members and explains the intentions behind legal documents.""Succession planning isn't a 1+1=2 scenario. It requires ongoing discussions and strategic considerations." - Jonathan GoldhillConnect and learn more about Jennifer Lee.https://www.linkedin.com/in/jennifer-lee-awma%C2%AE-aif%C2%AE-1b5aa56/If you enjoyed today's episode, please subscribe, review, and share with a friend who would benefit from the message. If you're interested in picking up a copy of Jonathan Goldhill's book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com

I have a very special guest today. She is a deeply respected colleague of mine, a fervent advocate for women and has dedicated her life to helping them get clear on who they are, what they want and if their marriage is enhancing or diminishing them and the life they desire.Should I mend or should I end is one of the most excruciating decision to make. Living in a high conflict marriage means you are attempting to make this decision after years or decades of being abandoned, diminished, belittled and abused. Fear and uncertainty can cloud your judgement and decision making abilities.This is Kate's zone of genius!! For over a decade she has been guiding women through the tender exploration of what has occurred in their marriage, what they desire and how to untangle thoughts, feelings and behaviors that have left them stuck and discouraged. I am so excited to speak to her today and share her new book, hot off the presses!!Kate Anthony is the author of The D Word: Making the Ultimate Decision About Your Marriage, host of the critically acclaimed and New York Times recommended podcast The Divorce Survival Guide Podcast and the creator of the groundbreaking online coaching program, Should I Stay or Should I Go? which helps women make the most difficult decision of their lives using coaching tools, relationship education, geeky neuroscience, community support, and deep self-work. Kate is certified as a Domestic Violence Advocate, a Co-Parenting Specialist, and a High Conflict Divorce Coach.More ways to connect with Kate: Buy Kate's book: https://www.amazon.com/Word-Making-Ultimate-Decision-Marriage-ebook/dp/B0C15TVKFR Listen to Kate's Podcast: https://kateanthony.com/podcast/ Follow Kate on Instagram: https://www.instagram.com/thedivorcesurvivalguide/Journey Beyond Divorce Resources mentioned in this episode: Book a Free Rapid Relief Call: http://rapidreliefcall.com Take the "Relationship Health Quiz" Quiz: https://www.jbddivorcesupport.com/relationshiphealthquiz

Notable Links: LinkedIn:https://www.linkedin.com/company/9230218/admin/feed/posts/Instagram: https://www.instagram.com/4womenlaw/Website: https://www.floridawomenslawgroup.com/Divorce 101 Course:https://heather-quick.mykajabi.com/:Discovering Me: Journaling Through and Beyond Divorce:  https://www.amazon.com/dp/B0CL5X7PSV **********  "Women Winning Divorce" is a radio show and podcast hosted by Heather Quick: Attorney, Entrepreneur, Author and Founder of Florida Women's Law Group, the only divorce firm for women, by women. Each week Heather sits down with innovative professionals and leaders who are focused on how you can be your best self, before, during or after divorce. In these conversations, we are looking at how women can win at life.  With our guests, we enjoy the opportunity to explore ways all women can win and enhance their life, no matter where they are in their journey, because divorce is just point in life, not the end and not what defines you, rather it can be a catalyst for growth. Come join the conversation on social media, and join our Facebook group, Women Winning Divorce and send comments and suggestions, we want to bring you content that helps move your life forward.Women Winning Divorce podcast series https://www.womenwinningdivorce.com/Women Winning Divorce Facebook Group https://www.facebook.com/groups/685277376560289Florida Women's Law Grouphttps://www.floridawomenslawgroup.com/  Thank you for listening. Please share the podcast with your friends and colleagues. Send your questions, comments, and feedback to marketing@4womenlaw.com Women Winning Divorce is supported by Florida Women's Law Group Disclaimer: This podcast is for informational purposes only and is not an advertisement for legal services.  The information provided on this podcast is not intended to be legal advice.  You should not rely on what you hear on this podcast as legal advice. If you have a legal issue, please contact a lawyer.  The views and opinions expressed by the hosts and guests are solely those of the individuals and do not represent the views or opinions of the firms or organizations with which they are affiliated or the views or opinions of this podcast's advertisers.  This podcast is available for private, non-commercial use only.  Any editing, reproduction, or redistribution of this podcast for commercial use or monetary gain without the expressed, written consent of the podcast's creator is prohibited.   

This week, we're taking the Stay or Go episode from a couple of week ago to the next step and we're talking about partnering with your client to develop an exit strategy. This means helping them gather the information they need and develop action plans to remove the fear and uncertainty around when and how to divorce. Fear is not only the obstacle that keeps individuals stuck in unhealthy, unhappy marriages unable to make decisions or take action, but it's also the  #1 driver of cost and conflict in divorce.Debra shares the results of an informal survey she did that showed that only 20% of respondents believed they had some or significant control over either the cost or the outcome of their divorce. We know clients have much more influence - they just need information and a strategy.Failing to prepare thoughtfully when considering divorce can start things off in a way that quickly snowballs out of control. On the other hand, taking time, being strategic and establishing goals and priorities can pave the way for a good divorce if things go well. And it can protect clients in the event that things go poorly.We'll review the 5 reasons an Exit Strategy (or divorce plan) is so incredibly helpful for clients and talk through some of the important elements of a solid plan. When we help clients identify and address their fears, our clients get a better outcome financially, relationally and emotionally.Learn more about DCA™ or  any of the classes or events mentioned in this episode at the links below:Website: www.divorcecoachesacademy.comInstagram: www.instagram.com/divorcecoachesacademyLinkedIn: www.linkedin.com/company/divorce-coaches-academyEmail: DCA@divorcecoachesacademy.com

Join me in this week's episode of Divorcing Well, where I chat with divorce and reinvention coach, Alison Hall, about how to reinvent yourself after divorce.   Alison discusses the importance of not limiting yourself in your dreams and what you can accomplish, while also stressing the importance of breaking things down into bite size manageable actions.  Alison also discusses the importance of financial empowerment and its role in pursuing the life of our dreams. To learn more about Alison Hall, visit: Divorce Planning and Coaching for Women (whitehalldivorcesolutions.com)

The Best of The Financial Physician.Divorce Planning.Marrying After 60.Retirement Plans.

Melissa Joy is a Certified Financial Planner and Founder of Pearl Planning in Dexter, MI. Her Office consists of all Female professionals, working to serve clients in Southeast Michigan and throughout the Country. Pearl Planning helps their clients in multiple aspects including Financial planning, retirement planning, investment management, environmental social governance, and specializing in Divorce Planning. Linkedin: linkedin.com/in/melissanjoy Company Website: pearlplan.com Pearl Planning Podcast: https://pearlplan.com/category/podcast/ Email: Melissa.Joy@raymondjames.com WMA website: http://msuwma.com WMA YouTube: https://www.youtube.com/channel/UCT-eaRPTd0R1WlrLkRBweuQ Contact: msuwma@gmail.com Song credits: Ian Renfer - Just Another [Home Demo].wav

Today Dollar Diva with Debbie - I spoke about a client that was going thru a divorce and wanted to purchase a home. Bad idea. Long Term care and buying it before it's too late.More Info At: https://moneystrategieswithdebbie.com/

Informed Delivery allows users to interact with their incoming mail and packages in one convenient, online location. Users receive email notifications containing grayscale images of the exterior, address side of incoming letter-sized mailpieces that are arriving soon.Get additional information about this service here: https://informeddelivery.usps.comIf you are wondering what additional steps you should be taking in the pre-divorce planning process, download Wright Family Law's complimentary eGuide Divorce for Beginners for additional tips and tricks here: https://bit.ly/2VsDDK9

The Robertson Stephens financial advisor discussed how marriages and relationships are changing during the coronavirus.  

Henrik har fått ett oväntat bud från en ovanlig affärsidé, Nour har sett en förändring ute i civilsamhället - 40-talisternas comeback! Allt om vårbudgeten - roligare än det låter! See acast.com/privacy for privacy and opt-out information.

Everyone gets to their breaking point in a marriage, dating relationship , or aquantanceship or  situationship and eventually you can go too  far and create a toxic level of hostility and animosity regarding the situations or repeat habitual egregious  actions that otherwise affect the outcome, quality of life , or the dynamics of the relationship, marriage , or relational valuation or  in a toxic environment , toxic marriage , toxic dating violence , abusive  situation you can no longer salvage that  connection or  have to  proceed to  removal  entirely  from the marriage, dating relationship or  situation especially if its creating a toxic noxious abusive level of of anger and hostility and the other party has no remorse for their  habitual intentional toxic extreme behavior that require outside intervention up to including divorce , restraining order and  imprisonment  from  extreme behaviors that are grossly negatively affecting the  quality of life of the other party. There is a point in a relationship whether business or personal or professional that you cannot  fix the damage done  . There is nothing okay about  abusing someone in the workplace , at home , or in a relationship, dating  or  acquaintanceship. There is a point of no  return and that's okay, some  ties need to be severed. They can be so  toxic and misery inducing you have no choice but to  cut the ties and  remove the Toxic Energy or Individual or Individuals. 

Everyone gets to their breaking point in a marriage, dating relationship , or aquantanceship or  situationship and eventually you can go too  far and create a toxic level of hostility and animosity regarding the situations or repeat habitual egregious  actions that otherwise affect the outcome, quality of life , or the dynamics of the relationship, marriage , or relational valuation or  in a toxic environment , toxic marriage , toxic dating violence , abusive  situation you can no longer salvage that  connection or  have to  proceed to  removal  entirely  from the marriage, dating relationship or  situation especially if its creating a toxic noxious abusive level of of anger and hostility and the other party has no remorse for their  habitual intentional toxic extreme behavior that require outside intervention up to including divorce , restraining order and  imprisonment  from  extreme behaviors that are grossly negatively affecting the  quality of life of the other party. There is a point in a relationship whether business or personal or professional that you cannot  fix the damage done  . There is nothing okay about  abusing someone in the workplace , at home , or in a relationship, dating  or  acquaintanceship. There is a point of no  return and that's okay, some  ties need to be severed. They can be so  toxic and misery inducing you have no choice but to  cut the ties and  remove the Toxic Energy or Individual or Individuals. 

In times of Coronavirus, will divorces increase due to more time together?  Learn about the challenges and benefits of working with clients going through divorce.  Our esteemed panel discusses how to approach the needs of those going through divorce in a holistic manner.  Whether Collaborative law, mediation, or litigation, hear about the possibilities.  Panel includes Gina Arons, Psy.D., Atty. David Kellem, & Chris Chen, CFP® CDFA. Kristin Beane co-hosts with Chris Boyd. Chris Chen shares insights for financial professionals focusing their practice around clients going through divorce. Gina Arons, Psy.D. (Psychologist, Collaborative Law Coach, Mediator), Lincoln, MA 781-259-3434 | ginaarons@gmail.com | www.drginaarons.com  Chris Chen, CFP® CDFA, Insight Financial Strategists, Newton, MA                         781-489-3014 | bostonfinancialplanner@gmail.com | http://insightfinancialstrategists.com/ Atty. David Kellem – Divorce Attorney & Mediator, Hingham                                              781.304.4001 | dkellem@kellemlawgroup.com | https://www.kellemlawgroup.com/

Julie Ellenbecker-Lipsky, CFP®, EIG President and Senior Wealth Advisor, talks with Susan Hansen, Collaborative Lawyer & Mediator with Hansen & Hildebrand, s.c., about choosing a process and a professional for divorce.

Julie Ellenbecker-Lipsky, CFP®, EIG President and Senior Wealth Advisor, talks with Susan Hansen, Collaborative Lawyer & Mediator with Hansen & Hildebrand, s.c., about choosing a process and a professional for divorce.

BMT Wealth Management President Jennifer Dempsey Fox and Steve Klammer, senior vice president and director of wealth advisory services at BMT, sit down for a wide-ranging discussion on estate planning when facing a divorce. They broach such sensitive areas as planning for incapacity and death; updating of documents; beneficiary and fiduciary considerations; choosing your professional team; and potential impacts to retirement, insurance, and cash flow.

On this episode, I interview divorce expert Carol Lee Roberts. We discuss the 5 Major Pitfalls advisors need to consider when a client is going through a divorce. Carol is the President of the Institute for Divorce Financial Analysts.   Connect With Carol Lee   Twitter: https://twitter.com/InstituteDFA LinkedIn: https://www.linkedin.com/company/institute-for-divorce-financial-analysts-/ Facebook: https://www.facebook.com/InstituteDFA/ Website: institutedfa.com Email: CLRoberts@Institutedfa.com   About Carol Lee   Carol Lee is the current President of the Institute for Divorce Financial Analysts and brings over 30 years of experience in the financial services industry to this position. She holds the Certified Financial Planner and Certified Divorce Financial Analyst designations. Carol Lee has an undergraduate degree from Augustana College and a Master's Degree in Financial Planning from DePaul University. As the Director of the Office of Professional and Continuing Education at DePaul University, her Financial Planning Education Center had the third largest Financial Planning Certificate program in the country. Carol Lee also has experience in the field of certification having served as the Managing Director of Education and Examination at the CFP Board of Standards in Washington, DC. As President of IDFA, she has seen the number of certificants in both Canada and US grow substantially and hosts an annual conference that continues to grow significantly year over year. Carol Lee authored the Tools & Techniques book, Divorce Planning, and is the editor of the Divorce Survival Guide as well as the CDFA program materials.

How does a person cope after their second or third divorce?! (This is a co-ed show, so women could dial in and join the discussion!)

Dovetales is so excited to be in our 5th broadcast in our Separation and Divorce Series with co-host and author, Rachel Kidder. For this series we are giving away her book, Healing Grace Scripture Journal ( 30 Day Bible Study Journal for Emotional Healing) as a gift to all callers. We are excited to continue this journey with you so, feel free to join the conversation as we as this question, "What Are You Willing To Do To Survive Separation and Divorce?". To weigh in on our topic call -668-8485 press 1 to be live on the air. Download the stitcher app on your mobile device. Or, click on link here.

Most people don't make snap decisions to end a marriage and that's as it should be. Getting a legal and financial assessment about the impact of divorce is helpful but how do you assess the emotional relationship? And if it's your spouse who's deciding to end the marriage, how do you know whether to keep fighting for the marriage or to accept their decision?Joining Mandy for this Conversation are Elaine and Joe Foster, co-authors of I Wish I Knew This Before My Divorce: Ending The Battle Between Holding On And Letting Go. Their book is available on Amazon and features the marital autopsy, developed by Elaine Foster based on the 24 factors that are most often found in divorcing couples.

Most people don't want a litigated divorce. They want a civil divorce. They hope their spouse will agree that the marriage is over and then they can discuss the parenting and finances as reasonable people who once loved each other. No one wants the nastiness and expense of a courtroom battle and no one wants long, drawn out negotiations that keep you locked in a state of limbo for months.The good news is that you can have a civil divorce and the key to that is being emotionally prepared to choose that path. It's not easy. It requires patience and maturity and a commitment to that path.Joining Mandy for this Conversation to chat about how you can choose a civil divorce is Sally Boyle, a certified finanical planner and certified divorce financial analyst. Boyle is also the author of Deconstructing Divorce: Taking The Mystery Out Of Divorce And Its Impact On Your Family, Finances, and Future.You can find a synopsis of the show at Mandy's blog Since My Divorce.

Visit us at divorceandyourmoney.com for the #1 divorce resources in the USA and get personalized help. Learn about coaching services here.   Thank you for listening! Find a transcript of this episode below.   In the previous episode, we were setting a stage for understanding your fixed monthly expenses. If you didn't hear the previous episode, go back and listen to that one first before you continue on with this one. What we were discussing is you need to know your fixed monthly expenses as accurately as you can in order to really plan for not only to negotiate a settlement that's truly workable for you, but also so that you understand what your post-divorce life will look like from a financial perspective. Because, you're going to have to know what that is, and you don't want to be surprised by the results.   Really. One of the things you should be thinking about is if the result that you see today, given your current life style, doesn't look like it's going to be feasible going forward. You can start planning those things, and the changes you're going to need to be making now, and start thinking about what kind of changes you need to make today so that when your divorce is over, you can live on what's a realistic and feasible budget going forward.   Now, one of the things to think about is some of these things do require planning. If you're thinking about selling the house, that could take you six or eight months, or longer, depending upon where you are from the time you decide you want to sell it to it actually being closed upon, and you having funds from the house, and if that's going to help you reduce your monthly expenses, and that's something that's feasible given your situation. You need to start thinking about those today rather than waiting until six or eight months from now and try and rush and scramble.    What I wanted to do in this episode, though, was really discuss an example of how your, a few examples of how understanding your monthly expenses can be useful to you.   Let's say you do a calculation. I'm going to try and use simple math, because I know it's really hard when you're on the treadmill, driving in the car, or doing walking around, which is where I listen to podcasts all the time, or cooking, or doing any number of things at the moment to keep up with math, in particular. But, it's very important to illustrate some points, and for better or for worse, if you are getting divorced, then maybe you haven't been involved in the finances. You're going to have to know these numbers going forward, because you can't, like the old ostrich, you can't just stick your head in the sand and pretend like the lions are going to go away.   These numbers, although they're not lions, they are expenses, they're here, and you need to know what they are, and you just need to be prepared for them.   Here is what's important. Let's just say, for instance, that you have $10,000 a month in expenses, which is $120,000 a year. Easy numbers to work with, $10,000 a month times 12 months is $100,000. Let's say you're going to be the person receiving spousal support.   I'm going to say, in this case, you were a stay at home parent, and the laws in your state, and what you're negotiating, or whatever else, you can expect $6,000 a month in support, or $72,000 a year.   Remember, you have $10,000 a month in expenses, and you're going to receive $6,000 a month in support. What does that mean? It means that you have to make up $4,000 in income to keep the bills from racking up, and racking up debt.   What does that mean? It means that you need a job that pays you at least $4,000 a month in this scenario. Or, to put it a different way, is at least $48,000 a year in income from your job in order to stay current, in order to cover your monthly [inaudible 00:04:40], your monthly expenses. You're getting $6,000 in support, you have $10,000 of expenses, you need $4,000 a month in a job.   Of course, I'm oversimplifying things like taxes, and variable expenses, but that's the point, is, you're going to need to know that you're going to have to either go back to school, or hopefully you maybe already have a skill, or whatever else, but in order for you to keep from living off of your savings, or to keep from racking up debt, you need to know today that in this example, you're going to have to make $48,000 a year in your own income after this divorce process is over, so you need to get to it.   Now, let's play with this simple calculation again when it comes to expenses. Now, let's say you know that right now you have $10,000 of expenses, $10,000 a month in fixed expenses. What if you look down and you went through the worksheets, and you made a list of all your expenses, and gathered up your numbers and you know that it's $10,000 in expenses now, but you look at some of the things, you look at a few of the items, and you say "I think I can cut some of these expenses. Some of the small ones I can cut out, some of the bigger ones I can cut out."   Maybe, because this is the most common, what I'm going to use as an example, but you're thinking to yourself "You know what? I think we can cut this house expense, we don't need this big house anymore, because it's just going to be me, or me and one of the kids, or the kids have grown." Whatever else, it doesn't matter.   You know, you're thinking that "I don't need this big house anymore, and I can downside, and move to a smaller place, and save some money." After you look at your budget, and you look at your expenses, instead of $10,000 a month, you're now at $7,000 a month, or at least you think you can go to $7,000 a month in expenses.   Now, $7,000 a month, remember the first exam- ... we're starting at $10,000, but you say "You know, I can make some life style changes, leave those broad, and then get down to $7,000 a month." $7,000 a month is $84,000 per year in fixed expenses.   Now, $84,000 a year in fixed expenses, all right, still heavy, but a lot better than $120,000 a year in the previous example. You have $7,000 a month in expenses, instead of $10,000 a month. We said, in the previous example, you were getting $6,000 a month in support.   Guess what? Since you've reduced your expenses, all you need to make now is an extra $1,000 a month in income to cover your expenses. Instead of needing a job that pays $48,000 a year, which is probably a full-time job. You only need to make $12,000 a year in order to keep from living off of your savings, or rack up any debt.   $12,000 a year is not a very high burden for most people. You can probably find a job, part-time, or even some of the stay-at-home jobs that will easily pay you that extra $1,000 a month. You could even drive for Uber these days and make $1,000 a month extra.   The point is this, is simply by reducing those monthly expenses, those fixed monthly expenses, you went from needing to make $48,000 a year, to $12,000 a year just on that $3,000 a month difference. That's a huge thing to think about.   Now, your numbers are going to vary, this was an oversimplified example. But, the point is the same, is that if you can cut your monthly expenses, particularly after divorce, whatever your situation is, you can put yourself financially in a much better place, and have a lot more breathing room than you would have otherwise.    If you ever wanted the complaints, I get complaints about attorneys sometimes, because they don't always have the best bedside manner. But, sometimes, attorneys will say to you, as the client, they'll say "Yeah, yeah, you just got to sell your house, and move on." They might say it like that, but they're really just doing the same calculation we just did.   They could've said it better to you, because you have so many things going on, but really, they're saying "Look, if you can cut your expenses down quite a bit, I know the support laws in the state" or "I know what your income is, and what you're likely going to have after this divorce process is over, if you cut and sell the house, you might be able to make some substantial life style, I wouldn't say life style improvements, but you will not be in a position where you're always trying to catch up each month, and just treading water for the future."   Now, the other thing I wanted to mention related to this is, when you think about your monthly expenses, I know we talked about big monthly expenses, but we can also consider some smaller monthly expenses.   One thing that people think about, and often forget, is that there is no monthly expense that's too small to reduce. What do I mean by that? I mean, you need to think about, of course, the big expenses, but also, even the tiny ones. Let's just say, because I may have been watching Netflix earlier, let's just say you have a $10-a-month Netflix subscription.   Most people don't really notice the $10 a month, it's such a small amount for most people, and just occurs once a month, and you kind of say "Hey, I don't really need that," I mean, you don't really ever cancel Netflix, not a lot of people cancel, because it's such a small amount in a given month.   But, something to think about that most people, and this is how I think about monthly expenses, $10 a month, times 12 months, is $120 a year. $120 a year times five years is $600 over five years. The question you have to ask yourself is is Netflix worth $600 to you? Or would you rather use that $600 for other things? That's just from a $10 a month subscription.   What if it's something bigger than that? The point is that monthly expenses, no matter how small, they really add up, because they occur every month until they disappear.   A simple one, also applies for my life today, is I am, if you were to see me in person, I like to go to the gym, and I eat a lot of food. I also live about 40 feet from am Original House of Pancakes. One of my favorite meals is four eggs, six pieces of bacon, some toast, some jam, some butter, some coffee, and I eat that meal multiple times a week.   But, I made a change in my life, because I was like "Look, I got adjust my monthly expenses." I'm always trying to think about ways to make my life more efficient as well. I said "You know what, instead of going over to The Original House of Pancakes, sitting down, spending $12 on my favorite meal, what if I spent 10 minutes, and it literally only takes 10 minutes, to make that same meal myself?" I get eggs, and scramble them, and put toast in the oven, and everything else. Then, in 10 minutes times several times a week, I spend $4 on ingredients, $4, instead of the $12+ I was paying several times a week at The Original Pancake House, and I like my cooking even better than theirs.   Just that little change, saving $8 three times a week, we're going to call that $24, that adds up to quite a bit. All for less than 10 minutes of my time to put together, times years, that's a lot of money.   Another example of cooking at home, just in terms of expenses and things to think about is salads. I like to eat lots of salads. I was paying $11 at the salad place near me, I went to the grocery store, I bought a big container of salad greens, and some fruit, and some olive oil, and vinegar, and a couple other toppings. Now, in the span of about 70 seconds, and instead of $11, for $2 of ingredients I can create a healthy fresh salad that was just as good as the $11 I was paying before.   You multiply that, let's just say I save $5 a day on average on food, that's $35 a week, that's $140 a month, which is $1600 a year just on a $5 a day food change that I made in my life, which is also helping me be healthier, and other things.   But, I, like you, want you to be very cognizant of all of your monthly expenses, big and small. Because, when you're in divorce situation, you're really going to need to understand your finances, and understand where the money goes. Are you spending efficiently? You're going to probably have to make some adjustments, and now is a good time to really dig down, and see what's essential to your life, and what you don't need anymore.   I know people who've gotten rid of babysitters, or things like that, that weren't huge burdens, but they ended up just being happier doing things themselves, or not having someone in their life. All of this, this time of your life is an opportunity to not only understand your finances a lot better than before, but there's no better excuse than "I'm getting divorce" to make a change in your life.   You don't have to make every change at once, but you should be thinking about ideas, and what the major changes are in your expenses that you can make today, because it'll make your future life much easier, much less of a burden when you're worrying about keeping up with next month's bills, or your bank account is low on money, or you're just withdrawing from your savings, and it's like you're continually losing money each month.   If you can cut those expenses down, that'll put you in a much, much better place than you would've been before. You will be on a much more solid financial footing for the future.

Visit us at divorceandyourmoney.com for the #1 divorce resources in the USA and get personalized help. Learn about coaching services here.   Thank you for listening! Find a transcript of this episode below.   I was meeting with a client in person recently and we had a long discussion about whether or not they should keep the house or sell it as part of the divorce process. One of the things that, although in theory they could afford the house and keep it for a few years as the kids grow up and they want to keep some kind of consistency, that might not have been the right line of thinking for this person and ultimately the more we talked about it, the more we discussed how the house could become a burden. It's something that could actually cause, keeping the house, could cause more harm than good. But we're not going to talk about the house specifically today, that'll come up a lot in this episode. I want to speak more broadly about how you should you think about your expenses, and your post-divorce expenses, and understanding your post-divorce picture, even before you start the divorce process or if you're in the middle and going through it.   One of the things to keep in mind is that once you get divorced, actually, almost all financial advice, you can read every book in your local library, every book on Amazon, every book in Barnes & Noble, which is one of the few book stores that still has physical shops, and if you read every personal finance book all the advice boils down to this: make more money than you spend. Very simply, your income needs to be higher than your expenses. If your expenses are higher than your income, that's bad, but if you are saving money every day, week, month, year, in the long run you'll never run out of money. If you are net spending money, you will increase in debt. It doesn't really matter what your total income is. If you make $50,000 a year, so long as you're only spending $49,000 a year or less, you'll be in pretty good shape for the rest of your life, I mean, your whole life, so long as that's your picture. If you make 50 million a year, yeah, 50 million dollars, if you spend 49 million dollars a year, you're good.   But guess what? I know people who, not a ton of people like this, but I do know people who make 50 million dollars a year, and they spend 55 million dollars a year. Guess what? They have tons of debt, and they can end up going bankrupt. I've seen it before. Conversely, if you make $75,000 a year, but you're spending $82,000 a year, that is not a good situation to be in. It doesn't really matter what those final dollar numbers and dollar amounts are, you have to be savvy and you need to spend less than you earn. That's the context for this.    Why do I bring this up? Well, one of the most important things you need to understand when it comes to your post-divorce life ... Look, everyone listening to this podcast will no longer have to listen to me at some point, which is a great thing to think about. I'm always happy when I lose a listener, funnily enough, because your case is over, and you get to move on with the rest of your life. But as you're thinking about your settlement, or the divorce process, one of the things you need to do, and manage most efficiently, is cutting out and thinking about and understanding the fixed expenses. Wherever you can reduce them, you should reduce those fixed expenses.   One of the things that, or the way that people describe fixed expenses is oftentimes called your monthly nut. I don't know why it's called that, but that's what people call it. Basically, I won't say people call it, but I know a lot of people who call it your monthly nut. I think it's kind of a crude term, but basically just your fixed expenses, and what you need to make every month so that you're not losing money, or not spending from savings, or not racking up debt in one form or another. This is the amount of money you need to make to keep constant, to break even in a given month, where your income and your expenses are at least even.   When we talk about monthly nut, we're basically just talking about the expense side of the equation, because that's the important thing. The lower your monthly nut, the lower your monthly expenses, the more wiggle room you will have after divorce. More importantly, what that means is that it'll be easier to rebuild yourself financially after the divorce process is over. Almost no one ends up in a better financial position after divorce than they did before divorce. One of the ways to mitigate the impact of divorce, or to rebuild your life more quickly, is to have a low fixed monthly expense base.   The main question, of course, is what is a part of your fixed monthly expenses? Let's dig into a few items that we're talking about. If you haven't gotten it already, get my courses, go to store.divorceandyourmoney.com, or you just go to divorceandyourmoney.com/store, and I have some great courses in there. In the courses, there are some awesome checklists to help you stay organized. If you buy the courses too, I have some Excel templates I'd be happy to share with you as well, or some worksheets that I'd also be happy to share, that provide some of this information. If you go through the courses, you can follow along in depth, so you can work through your situation specifically.   Let's just take an example of your monthly nut. We started by discussing the house. Now, the house is going to come back in this part of the discussion, because it's one of the biggest variables in your monthly expenses. If you can reduce your monthly expenses in any capacity, then that's great. Specifically, when it comes to the house, the house is one of those expenses that, depending upon where you live, and of course that's a big variation depending upon what part of the country you live in, and actually even what neighborhoods matter in your city that you want to or need to be in, but some people I know can reduce their monthly housing expenses for 20 or 30 or 40 or even 50% a month in terms of what they're paying for the house. When you're dealing with a divorce situation, where you're going to be on your own and single finances in a bit, that's something that you can think about.   The reason that house expenses can add up is you have not only just the house itself, but you have things like a mortgage amount, electricity, property taxes, utilities, lawn care, and everything else that goes into maintaining a house. What you need to do is sit and write down all of those costs that you pay every month, every year, and even some of the ones that occur every several years, like a new boiler, repainting the house, and really figure out what are those on a monthly and an annual basis, because they add up. The real question you're going to need to be asking yourself is, will I be able to afford this when the divorce process is over?   Now, the house is just one of many monthly expenses. For all of you listening who are going to be paying spousal or child support, support payments are a fixed monthly expense. Now, you need to know what range of a fixed monthly expense can work in your situation. There's other fixed expenses, from what kind of car you drive, to what types of insurance you have and how big the coverage limits are, to utilities, to internet access, to things like that. These are all fixed expenses, to some sort of basic level of food that you need each month.   Now, there's also an opposite, which is called the variable expenses. These are the expenses that are ... They use a term discretionary, is one way that they describe it, but basically these are the expenses that you like, but you can live without. What goes into a variable expense? Well, something like entertainment, and eating out. I know some people who spend, particularly some of my New York friends, who spend many thousands a month on eating out. Now, it's part of being in New York City that people can spend thousands of dollars a month on eating out and that not being a weird thing, but it's something to think about, because when you don't really have a kitchen. But if you live in the middle of the country, or in a suburb, maybe you just go out once a week, but if you're going out four times a week for dinner, you might need to think about how you can cut that back a little bit.   The point is, though, is you need to, if you're listening to this, you need to really understand, just conceptually, what are your monthly expenses? Are your monthly expenses, are they ... You should figure out as accurately as you can. For some of you, your monthly expenses might come out to $3,250 per month. Actually, I know what my monthly expenses are, at least on a personal level, and also for the business I have to know exactly what those monthly expenses are, especially when you have payroll and office rent and everything else. So, I have a very clear understanding of my monthly both personal and monthly business expenses, and I look every month, because it gets deducted straight from my back account, I look, and say, "Hey, do I need to keep that expense?"   Now, if your number is $3,250 a month, you need to write down $3,250 a month. If your number is $17,800, then you need to write $17,800 a month as your monthly expenses. I know plenty of you listening who are in both ranges, everywhere in between. I know some people I work with who are lower than that, and some people I work with who are much higher than $17,000 a month in monthly expenses. But it doesn't really matter exactly what that number is, because everyone's life is different. You have different lifestyles and lives. What the important part is, is regardless of who you are, how much money you have or don't think you have, it's you need to know what that monthly expense number is. Here's why it's important, is if you know what your monthly expenses are, you will have a very clear sense of exactly what you need in order to make it through the divorce process, and how to negotiate a settlement that is workable for you.   Now, the next thing I want to discuss, and I'm going to discuss this in the next episode, but I really want to dig into, dig deeply into understanding the examples of how your fixed expenses can have a big impact on your settlement, and what that means in terms of what your job looks like going forward, if you need to get a job, or if you're paying support, how that looks for you, and I want to go through some examples in the next episode of ways that you can start reducing your monthly expenses.

If you're working on your marriage, trying to save your relationship, then you need to create a post-nuptial agreement. The communication that goes into creating one of these agreements means that your relationship could be transformed in a meaningful and lasting way. If it doesn't create lasting change, then the agreement could make your divorce much. much easier and significantly less expensive.Joining Mandy for this Conversation is attorney Tom Gardiner, author of The Post Nup Solution: How To Save A Marriage In Crisis Or End It Fairly. (Available on Amazon) Tom is a business attorney who has created many partner and sharehold agreements which involve many hours with the parties planning out the future and how to handle what-ifs. "But with the most important relationship, the spousal relationship, people don't do that," said Gardiner. "If corporate clients can do this, why can't couples?"Listen in to learn what goes into a post-nup, how you can create your own and how it might help you in divorce. If you're looking for synopsis, check out Mandy's Since My Divorce blog.

The data breach at Equifax has many of us monitoring our credit score more closely now but the data breach isn't the only threat to your credit score. Divorce is a common time when many people become aware of their score and the decisions that you make leading up to the end of your marriage and in your divorce settlement can have a significant impact on your score.Coming at a time when you may be applying for a credit, such as refinancing, a car loan or a new credit card, a lower credit score could mean higher interest rates or even worse, no loan.If your spouse was financially irresponsible, is there anything you can do to protect yourself?How do you manage this transition to minimize the impact on your creidt score?And if your credit score is in the tank, how long does it take to improve your score?Joining Mandy for this episode is money blogger Samantha Gregory from Rich Single Momma where you can download Samantha's Budget Sanity Worksheet. Visit Mandy's blog Since My Divorce for a synopsis of this show and more vital information to help you manage your divorce.

Sharing your child's expenses with your ex post-divorce can be a minefield on so many levels. It leads to disputes over what expenses should be incurred, what should be shared, what's the fairest way of sharing them, how to get reimbursed and on it goes ....It can also fuel competition between parents with each parent having their preferred activity or their philosophy on what their child needs for school and and how much to spend. That competition is rarely good for the child.It's easy for one parent to feel they're carrying the responsibility for these expenses especially when the reimbursements don't come. The debts accumulate and that can mean having to go to court to collect which is never fun.One key to managing the conflict is planning ahead and including some solid agreements in your divorce papers but to do that, you have to first know what to expect. Joining Mandy for this Conversation is family law attorney Alan Plevy from the law firm SmolenPlevy in Virginia. Alan has been practicing family law for over 30 years and has a wealth of knowledge to share in this area. Check out their website for some helpful videos and resources in divorce.And ... checkout Mandy's Since My Divorce blog for a synopsis of this show and everything else you need to know about divorce. 

SHOW NOTES Pam Friedman has over 20 years of financial planning and investment experience. Prior to partnering with Silicon Hills Wealth Management, LLC, Pam. Friedman was on Wall Street in both New York and London structuring and raising capital for both public and private companies. Upon her return to Texas, Ms. Friedman spent six years on the faculty of the Finance Department in the McCombs School of Business at The University of Texas at Austin. Pam's area of expertise is marital financial planning which includes planning for the risk of divorce and educating clients who may be unfamiliar with financial issues and investing during and after divorce. In her book, I Now Pronounce You Financially Fit: How to Protect Your Money in Marriage and Divorce available on Amazon and other online book retailers. Pam has been featured in national publications and on- air with U.S. News and World Report, Self Magazine, Elle Magazine, ABC News Radio, NY Daily News, Daily Finance (AOL), and the Divorce Financial Analyst Journal. Ms. Friedman earned the designation CERTIFIED FINANCIAL PLANNER™ (CFP®) in 2006 and Certified Divorce Financial Analyst (CDFA™) in 2011. Pam is also a trained family law mediator. She holds an MBA, BBA, and BA in Finance and Economics from The University of Texas at Austin.

[Episode brought to you by WhatAboutMe.Org - a division of Marriage Helper that helps children navigate through how to deal with their parents' divorce. Donate to the mission at whataboutme.org/donate]We hear it all the time, "Kids are resilient!"But is it true? If I fall down the stairs and break my leg, will my leg heal?Actually, no it won't heal. If I don't do anything to help my leg heal, then it will only get worse.If I go to the doctor, get a cast, go to physical therapy, and do all the things necessary for my leg to heal, then yes, it will heal. Otherwise...you get the picture.We understand this for every other area of health and wellness in life. But when it comes to thinking about how children are affected during divorce or separation, all of a sudden we expect the children to know exactly what to do to help themselves heal.And that's not how it happens.Can children be resilient? YES. Absolutely.Will they be resilient on their own? Highly unlikely.It is up to parents, friends, and family members to help children become resilient.In this episode, we discuss the 3 must-do's in helping your child become resilient. [REMEMBER: Now through the end of the month, Marriage Helper is offering a $500 travel credit when you register for the Marriage Helper workshop. We'd love to see you there! - your.marriagehelper.com/marriage-workshop]

[Episode brought to you by WhatAboutMe.Org - a division of Marriage Helper that helps children navigate through how to deal with their parents' divorce. Donate to the mission at whataboutme.org/donate]We hear it all the time, "Kids are resilient!"But is it true? If I fall down the stairs and break my leg, will my leg heal?Actually, no it won't heal. If I don't do anything to help my leg heal, then it will only get worse.If I go to the doctor, get a cast, go to physical therapy, and do all the things necessary for my leg to heal, then yes, it will heal. Otherwise...you get the picture.We understand this for every other area of health and wellness in life. But when it comes to thinking about how children are affected during divorce or separation, all of a sudden we expect the children to know exactly what to do to help themselves heal.And that's not how it happens.Can children be resilient? YES. Absolutely.Will they be resilient on their own? Highly unlikely.It is up to parents, friends, and family members to help children become resilient.In this episode, we discuss the 3 must-do's in helping your child become resilient. [REMEMBER: Now through the end of the month, Marriage Helper is offering a $500 travel credit when you register for the Marriage Helper workshop. We'd love to see you there! - your.marriagehelper.com/marriage-workshop]Listen at http://www.marriageradio.com/the-3-things-kids-must-have-to-be-resilient-during-separation-and-divorce/

Is divorce a death sentence??

Can every troubled marriage be saved? We believe nearly all can. However, not all will. Sometimes one spouse does all s/he can to save the marriage. They learn, put into practice the right things, make right the things they did wrong, demonstrate remarkable love, patience, and...forgiveness. Yet, the other mate doesn't respond. Maybe it's another person. Maybe a different lifestyle they want to pursue. Is there a time when the spouse striving to save the marriage should stop trying and accept that no matter what s/he does the marriage will end?Yes.When s/he makes that decision, are their things s/he should understand and do to build a new life that can be fulfilling and happy?Yes.Don't misunderstand, Dr. Beam fights for marriages. He encourages people not to give up easily. He and the amazing team at www.MarriageHelper.com offer many resources to help save marriages...even those that everyone else has given up on...and make those marriages good again.But, sadly, the team knows that some marriages will end.In this program, Dr. Beam shares thoughts about when it's time to move on. To accept that the mate isn't coming back. As an important part of that, he also shares what to understand and put into action that will help heal the heart and open new opportunities for love, fulfillment, and happiness.During the program, you may talk with Dr. Beam by calling 646-378-0424. The program airs live beginning at 9 p.m. Central time on Tuesday, November 1. 

Can every troubled marriage be saved? We believe nearly all can. However, not all will. Sometimes one spouse does all s/he can to save the marriage. They learn, put into practice the right things, make right the things they did wrong, demonstrate remarkable love, patience, and...forgiveness. Yet, the other mate doesn't respond. Maybe it's another person. Maybe a different lifestyle they want to pursue. Is there a time when the spouse striving to save the marriage should stop trying and accept that no matter what s/he does the marriage will end?Yes.When s/he makes that decision, are their things s/he should understand and do to build a new life that can be fulfilling and happy?Yes.Don't misunderstand, Dr. Beam fights for marriages. He encourages people not to give up easily. He and the amazing team at www.MarriageHelper.com offer many resources to help save marriages...even those that everyone else has given up on...and make those marriages good again.But, sadly, the team knows that some marriages will end.In this program, Dr. Beam shares thoughts about when it's time to move on. To accept that the mate isn't coming back. As an important part of that, he also shares what to understand and put into action that will help heal the heart and open new opportunities for love, fulfillment, and happiness.During the program, you may talk with Dr. Beam by calling 646-378-0424. The program airs live beginning at 9 p.m. Central time on Tuesday, November 1. 

Ron Siegel of Anaheim Hills CA, John LaBriola of Aliso Viejo CA and Melinda Johnson of Anaheim Hills CA discuss current events, financial markets, politics, and even poking fun at the rest of the media in a live radio broadcast from Anaheim CA. Ron, John and Melinda will discuss: What is a Certified Divorce Financial Analyst; Three Source of Income during Divorce; 5 Common Mistakes in Divorce Planning; Who should be on your Divorce Team; Home Prices Continue to Rise; Quotes from Billionaire Mark Cuban that will Inspire you to Work you Tail Off; Taxes and Divorce, What You Need to Know; Charles Barkley's comments on Rioters; Mortgage Minute; Your Credit Matters; Real Time Real Estate; Word on Wealth; and so much more. Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family. Reach Ron at                   800.306.1990 Ron@RonSiegelRadio.comwww.RonSiegelRadio.comwww.SiegelLendingTeam.comTwitter: @RonSiegelwww.Facebook.com/RonSiegelRadio         

Are you experience feelings of frustration,  shock, anger, resentment, loneliness, sadness, grief, guilt, and an overwhelming sense of loss? Are you feeling emotionally, financially and socially bankrupt? Are you feeling a haunting sense of failure because you blame yourself, but would like to move forward to Acceptance and Hope? For most people, divorce is not a decision to be made lightly. It may be something that has been thought about for months, years, or even decades. With statistics as high as fifty percent of first-time marriages ending in divorce, we know many married people have crossed this unfortunate bridge. When making the decision to divorce, it is important to learn all you can about what to expect throughout the process. Our featured guest is Kaysandra Curtis, a Divorce Coach, and she will share her 7 Step Divorce Recovery Process. Let's face it, divorce is hard! It's hard on the spouses getting the divorce. It's hard on the children involved in the divorce. It's hard on the family as a whole. So join our Host, Kelli Claypool, as she talks with Kaysandra Curtis about the recovery process of divorce. Mark your calendar to join us during the LIVE show and invite your friends!   For more information about our programming or to be a guest on DivaTalkRadio, please visit www.DivaTalkRadio.com.  Also, let's be friends on Facebook!  www.facebook.com/DivaTalkRadio www.facebook.com/DivasThatPray

Co-hosts Amanda Jarratt--Family Law Attorney and Certified Mediator--and Elvina Lui--Licensed Marriage and Family Therapist--talk about how power differences in a couple affects the dymanics in a marriage, including the impact on parenting, divorce, and post-divorce co-parenting. 

Host Kevin Willett is joined by Art Meconi of Ameriprise Financial Services. In this segment we discuss Divorce Planning, Estate Planning, Asset Allocation, Life Insurance, Disabbility Insurance, and Long Term Care Insurance.  Audio file:  artmeconi.mp3

Julie Ellenbecker-Lipsky, CFP®, EIG President and Senior Wealth Advisor, talks with Susan Hansen, Collaborative Lawyer & Mediator with Hansen & Hildebrand, s.c., about choosing a process and a professional for divorce.