230: How to Financially Navigate Your Divorce with Karen Sparks, CDFA®
04.02.2024 - By Hilary Hendershott, CFP
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Welcome to episode 230 of Love, your Money! In this episode, we're continuing the conversation on the financial implications of divorce. And today, I'm joined by Certified Divorce Financial Analyst®, Karen Sparks.
Karen is a speaker, author, and founder of Divorce Financial Strategists. For over 10 years, she has assisted families (as well as legal and financial professionals) in navigating a divorce, dividing and allocating personal assets, and preparing couples for success in the next chapter of their lives.
Having experienced a divorce herself, Karen found her calling and wanted to combine her expertise in the finance world as a CFO to fill a much-needed gap: helping others get through an incredibly emotional period of their lives and retain what is rightfully theirs.
In our conversation, you'll learn why it's critical to locate and gather necessary documentation immediately, where important assets are held, and how many years' worth of documents are needed to settle a divorce when a family business is involved.
Here’s what you’ll find out in this week’s episode of Love, your Money:
How an expert analyzes the personal situationActions that derail an amicable divorce from happeningAdvice on where to start when an divorce is inevitableHow long a divorce is kept a secret from the spouseThe importance of documenting everythingDivorce scenarios where a CDFA will add value
Show Notes To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/karen-sparks
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Google Podcasts Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.