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Financially Smart Divorce

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Manage episode 415508993 series 3460431
Content provided by Unconventional Wisdom & Advice Inc. and Ed Rempel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Unconventional Wisdom & Advice Inc. and Ed Rempel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.
  continue reading

96 episodes

Artwork
iconShare
 
Manage episode 415508993 series 3460431
Content provided by Unconventional Wisdom & Advice Inc. and Ed Rempel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Unconventional Wisdom & Advice Inc. and Ed Rempel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.
  continue reading

96 episodes

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