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Financially Smart Divorce
Season 2 Episode 28
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.
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A wife hiring one lawyer after another for years to keep going after her ex.
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A dentist declaring bankruptcy to avoid paying alimony.
We have helped clients go through it amicably while talking & agreeing on what to do.
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We can help identify the financially best way to divide assets.
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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.
Published on 1 year, 8 months ago