Find Financial Clarity in Divorce with CDFA Victoria Kirilloff
Manage episode 434089204 series 3586951
Host: Melissa Wheeler Farag
Guest: Victoria Kirilloff, CDFA, NCPM, CDS
Episode Title: Find Financial Clarity in Divorce with CDFA Victoria Kirilloff
Summary: In this episode, Melissa Wheeler-Farag welcomes Victoria Kirilloff, a Certified Divorce Financial Analyst (CDFA), Nationally Certified Professional Mediator (NCPM), and Certified Divorce Specialist (CDS). Victoria shares her personal journey through a challenging divorce, highlighting how financial clarity empowered her to take control of her situation. They discuss the role of a CDFA in divorce, the four phases of divorce (emotional, social, financial, and legal), and the importance of documentation in securing a fair settlement. Victoria emphasizes the value of hiring the right professionals to support a streamlined, less adversarial divorce process.
Key Points:
Victoria's Personal Journey:
- Overcame an abusive relationship by gaining financial clarity.
- Created the first "divorce impact analysis report" for her own divorce.
Role of a CDFA:
- Provides financial clarity and helps navigate complex financial decisions during divorce.
- Importance of understanding marital assets, spousal support, and the financial implications of divorce.
Four Phases of Divorce:
- Emotional: Dealing with the decision to divorce and setting boundaries.
- Social: Communicating the divorce to others, including children.
- Financial: Understanding and documenting the marital estate.
- Legal: Utilizing financial facts to streamline the legal process.
Financial Clarity and Documentation:
- Importance of using accurate data to support financial decisions.
- Avoiding common pitfalls like underestimating expenses or relying on inaccurate home valuations.
Choosing the Right Process:
- Advocates for a collaborative approach with a team of professionals (mediators, CDFAs, divorce coaches).
- Emphasizes that litigation can be costly and drawn out, and it’s better to work with professionals who can facilitate a fair and efficient settlement.
Quote of the Episode: "This divorce is not the end of your life—it's a small blip on your financial radar, but it can be a launching pad for your next phase if you approach it with the right team and mindset."
Call to Action:
- Subscribe to the High Vibe Divorce Podcast on your favorite platform.
- Share this episode with someone who might benefit from understanding the financial aspects of divorce.
- Follow Melissa and Victoria on Instagram and visit their websites for more resources and support.
Closing Message: Thank you for tuning in to this insightful discussion with Victoria Kirilloff, CDFA, NCPM, CDS. Remember, divorce is a significant financial event, but with the right support, you can come out stronger and more empowered.
Connect with Melissa and Victoria:
Melissa Wheeler Farag:
- Website: High Vibe Mediation
- Podcast Instagram: @highvibedivorce
- Mediation Instagram: @highvibemediation
Victoria Kirilloff:
- Website: Divorce Analytics
- Instagram: @divorceanalytics
- Book your free consultation: here
10 episodes