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Home : Society & Culture : Divorce : Money And Divorce Secrets

Money And Divorce Secrets

by Patricia Stallworth

 
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If you are in the middle of a divorce, near the end of the process, or you think you may be heading toward one, I encourage you to read  Money & Divorce to learn how to protect your future financial security... "Money & Divorce: The 7 Most Important Money Questions to Ask and Answer Before You Sign Your Final Papers ”

Patricia Stallworth, CFP doesn’t just write about divorce, she has studied this subject in detail, worked with divorcing clients, attorneys, divorce support groups, taught her methods to other financial planners, and she has gone through the divorce process herself. She understands the traps and pitfalls that divorcing people face especially when it comes money issues and she has compiled a wealth of information in Money & Divorce.

Money & Divorce provides you with a step-by-step process to follow to protect your financial future and get off to a good start in your new life. It’s practical information, written in plain English, that you can use immediately to get a fair settlement based on your needs.

"If you don’t mind your money someone else will, and this is especially true when it comes to divorce."

Dear Friend:

I’m not going to kid you -- divorce is tough. For most people it’s not only scary but it is intimidating because you don’t know what to expect. Then there are all of the details to take care of and it’s just plain emotionally draining. By the time you finish dealing with all of the hassles, the legal stuff, and the emotional stuff it’s hard to think about anything else. But not minding your money during your divorce only compounds your future problems and makes it tougher for you to get off to a good start in your new life. The money decisions you make during your divorce can have long term effects. In fact, they can mean the difference between living your dreams in the future and putting them on hold indefinitely.

It’s so easy to overlook the money part of your divorce because no one really emphasizes it and in many cases, you may not even realize the financial impact on your life until sometime after your divorce, and then it’s too late to do anything about it.

"In the case of DIVORCE, what you don’t know can not only hurt you now, but it can hurt you for a very long time!"

I’ve heard horror stories from people I talk to who went through a divorce and made some bad money decisions or worse yet, they left the decisions up to someone else -- shockingly in some cases, their ex-spouses. Some of them were able to bounce back after years of struggling, and sadly, some are still treading water. But it doesn’t have to be that way. Money & Divorce provides you the tools to take control and ask the right questions to maximize your chances of leaving your marriage with the resources you need to get your new life off to a good start.

The Money & Divorce ebook will show you how to:

FOCUS on the MONEY side of your divorce and why that is so important. Many people get so bogged down in the legal and emotional hassles of divorce that they forget to focus on their bottom line. Patricia says that at it’s core, divorce is a business and a money transaction and she teaches you how to take a business approach to the money side of your divorce during each step of the process.

ORGANIZE your finances and PLAN to get your fair share. In order to get your fair share, you have to know what what the ’whole’ looks like. Patricia walks you through a step-by-step process of first identifying marital versus separate assets and debts, organizing your finances (what you own and what you owe) and then valuing them so that you know what you have to work with. Then she shows you how to choose your best options are based on your future plans.

STRENGTHEN your position for divorce NEGOTIATIONS . If you know what you have and what it’s worth, you’ll be in a great position to negotiate for what you want and need to get off to a good start in your new life. It’s like having the keys to the safe where all of the treasures are hidden, and the maps to the keys are included in Money & Divorce.

MAXIMIZE your share of marital ASSETS. Sometimes things are not necessarily what they appear to be. Patricia points out times when you need to look beneath the surface to uncover hidden costs or tax consequences that can easily eat up a large portion of what you get in your divorce settlement. And, most importantly, she shows you how to do this before you sign the final papers so you don’t get caught short.

HANDLE CREDIT and DEBT issues during your divorce and why this is so important. Most couples have some type debt that they have accumulated during the marriage. Money & Divorce includes tips and strategies to deal with different types of debt issues during the divorce so you don’t get stuck with your ex-spouse’s debt after the divorce.

SAFEGUARD your alimony and child support INCOME. Stuff happens, and in the blink of an eye, a large chunk of the payments you were expecting, depending on could disappear. Money & Divorce includes strategies to put in place before your divorce is final to safeguard or protect your future income.

Walk away with a PLAN for your FUTURE. So often in divorce cases, planning for the future is the last thing you do. But Patricia urges you to do it a lot sooner. Understanding where you want to go and what you want to do allows you to make better settlement choices during your divorce. Money & Divorce includes strategies and templates to plan your future so that you can hit the ground running during and after your divorce.....

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