April 3, 2024

156. Financial Strategies for a Civil Divorce

156. Financial Strategies for a Civil Divorce

Google “Stressful life events”, and more often than not the results will list divorce as #2, right behind the death of a spouse or loved one. For all of the stress and pain that comes with the process, how can the financial part of a break-up be...

Google “Stressful life events”, and more often than not the results will list divorce as #2, right behind the death of a spouse or loved one. For all of the stress and pain that comes with the process, how can the financial part of a break-up be handled in a civil, respectful, and fair manner? That’s the topic that Vince dives into on this episode of CFO at Home with Leah Hadley, founder of Intentional Divorce Solutions, and host of the Intentional Divorce Insights podcast. You can learn more about Leah and Intentional Divorce Solutions by going to IntentionalDivorceSolutions.com

Show Notes

(06:27) Leah serves as a financial neutral or an advocate during divorce

(08:49) Common mistakes people make when going through divorce include giving up marital home

(12:49) Taking the time to fully understand your assets

(18:57) The importance of liquidity, having access to cash during transitions

(21:43) Protect your credit throughout the divorce process

(26:43) The importance of Financial Transparency 

(29:13) Prenups

(32:30) Leah offers support groups for women and men going through divorce

Ways to Contact

Contact the Host - vince@thecfoathome.com