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Financially Smart Divorce
Manage episode 415508993 series 3460431
Divorce is never financially smart!
As a financial planner, I don’t recommend divorce. It’s bad for your finances!
However, you can go through it in the most financially smart way – to leave both of you in the best possible position.
We have seen quite a few people go through divorce.
We’ve seen some total disasters, fighting for years through lawyers with monstrous legal costs.
A wife hiring one lawyer after another for years to keep going after her ex.
A dentist declaring bankruptcy to avoid paying alimony.
We have helped clients go through it amicably while talking & agreeing on what to do.
We can help identify the financially best way to divide assets.
We can show how to minimize or avoid tax when dividing assets. Paying tax means you both get less.
I am a financial planner – not a lawyer. My insights here are based on experience about how to be as financially smart as possible.
In my latest podcast episode you’ll learn:
- Why an amicable divorce is better.
- What to be aware of with lawyers.
- Working effectively with your lawyer.
- How to divide your assets the most effective way.
- Should you keep the house?
- What happens to the Smith Manoeuvre in a divorce?
- Should you split a pension?
- What options do you have with spousal & child support?
- What studies say about life after divorce.
105 Episoden
Manage episode 415508993 series 3460431
Divorce is never financially smart!
As a financial planner, I don’t recommend divorce. It’s bad for your finances!
However, you can go through it in the most financially smart way – to leave both of you in the best possible position.
We have seen quite a few people go through divorce.
We’ve seen some total disasters, fighting for years through lawyers with monstrous legal costs.
A wife hiring one lawyer after another for years to keep going after her ex.
A dentist declaring bankruptcy to avoid paying alimony.
We have helped clients go through it amicably while talking & agreeing on what to do.
We can help identify the financially best way to divide assets.
We can show how to minimize or avoid tax when dividing assets. Paying tax means you both get less.
I am a financial planner – not a lawyer. My insights here are based on experience about how to be as financially smart as possible.
In my latest podcast episode you’ll learn:
- Why an amicable divorce is better.
- What to be aware of with lawyers.
- Working effectively with your lawyer.
- How to divide your assets the most effective way.
- Should you keep the house?
- What happens to the Smith Manoeuvre in a divorce?
- Should you split a pension?
- What options do you have with spousal & child support?
- What studies say about life after divorce.
105 Episoden
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