Divorce can be a complex and emotionally charged process, especially when it comes to finances.  

In this episode of Grow Your Business & Grow Your Wealth, Gary Heldt speaks with Melissa Murphy Pavone, a Certified Financial Planner and Certified Divorce Financial Analyst. They discuss the common financial pitfalls of divorce, how to protect yourself financially, and the importance of financial communication in a relationship.  

Key Takeaways:

→ Understand the tax implications of dividing different assets during a divorce.  

→ Consider the impact of divorce on business ownership, including valuation and cash flow.  

→ Ensure you have adequate life insurance coverage to protect your financial future in case of a spouse's death.  

→ Address health insurance coverage and costs as part of your divorce settlement.  

→ Engage in open financial communication with your spouse to avoid potential conflicts and ensure both partners are informed.  



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