I sit down with Kelley Hughes, Certified Divorce Financial Analyst and founder of Smart Divorce Decisions, and discuss the advantages of having a financial expert specialized in divorce as part of your divorce team.

00:00 Intro

01:20 Kelley's background

04:10 Her role as CDFA vs Financial Advisor

08:09 CDFA responsibilities

12:05 Life & Disability Insurance considerations

16:19 Advice for early stages of divorce

19:40 Cash Flow Tracking

21:46 Importance of divorce financial planning

26:03 Kelley's Info

Disclaimer: The information provided is for general informational purposes only and should not be construed as financial, legal, or tax advice. Always consult with a qualified professional before making any financial, legal, or tax-related decisions.

I chat with Trevor Ellis, CFP®, with Northwestern Mutual and we discuss retirement and tax strategies at various life stages.

For more info on Trevor and his services, check out his LinkedIn: https://www.linkedin.com/in/trevor-j-ellis/

00:00 Intro

00:24 Why financial planning career?

01:56 Different Tax Buckets

05:58 Paying down debt

10:20 HSAs

14:35 Backdoor Roth IRA

19:05 Advice for early accumulators

20:30 Advice for 5-10 years from retirement

25:21 Common mistakes

27:36 Roth Conversions

30:18 Trevor's Info

Disclaimer: The information provided is for general informational purposes only and should not be construed as financial, legal, or tax advice. Always consult with a qualified professional before making any financial, legal, or tax-related decisions.

I was lucky to sit down with Irene King, family law attorney and founder of King Collaborative Family Law. She is the expert on Collaborative divorce and provides some great insights into a type of divorce that is still unknown to many people.

For more info on Irene and her firm, check out her website: https://kingcollaborativelaw.com/

00:00 Intro

00:36 Irene's backstory

04:56 What is Collaborative Divorce?

06:57 Cost versus other divorce methods

10:22 Litigation vs Collaborative

17:27 Mediation

20:24 When to avoid Collaborative?

22:33 Online resources

24:46 Final Thoughts

27:44 Irene's info

Disclaimer: The information provided is for general informational purposes only and should not be construed as financial, legal, or tax advice. Always consult with a qualified professional before making any financial, legal, or tax-related decisions

Join my discussion with Jeanette Lucas, CFP®, ChSNC™, CDFA®, partner with Condor Capital Wealth Management. She gives a lot of great information on estate planning and why it's important to get your financial planner involved in those conversations.

I sit down with Kristyn Carmichael, Esq, CDFA®, and founder of both Ms. Confinance and Couple Solutions Center. She gives some great insights into divorce mediation and how that compares to litigation and Collaborative divorce along with the role she plays in the divorce as both a mediator and financial analyst.

For more info on Kristyn and her services along with some great free divorce resources, check out her websites: https://www.couplessolutionscenter.com and https://www.msconfinance.com

00:00 Intro

00:20 Kristyn's back story

01:49 Kristyn's role as a CDFA

06:15 Divorce Team Members

09:57 Timing of her involvement

13:21 Cost savings of using specialists

17:16 How CDFAs sometimes differ from traditional advisors

20:48 Types of divorce

23:47 Benefits of mediation

25:50 Other divorce advice

27:26 Tips on finding the right attorney

29:12 Kristyn's contact info

Disclaimer: The information provided is for general informational purposes only and should not be construed as financial, legal, or tax advice. Always consult with a qualified professional before making any financial, legal, or tax-related decisions.

Learn from David Wanja, CFP®, Financial Advisor with Financial Synergies Wealth Advisors, on the important tax considerations with retirement planning.

I sit down with Regina Hess, CFP®, CDFA®, founder of Forge Wealth Management, on ways for people going through a divorce to deal with the finances in a much more efficient and cost effective way then relying on just an attorney.

For more info on Regina and her company, check out her website: https://www.forgewealth.com

00:00 Intro

00:36 Why Financial Planning?

01:30 Why Divorce Financial Planning?

03:18 Regina's role in the divorce process

06:49 Strong divorce team members

08:47 Retaining Marital Home

12:02 When to get each divorce team member involved

13:06 Collaborative Divorce

16:53 Additional divorce advice

Disclaimer: The information provided is for general informational purposes only and should not be construed as financial, legal, or tax advice. Always consult with a qualified professional before making any financial, legal, or tax-related decisions.

I sit down with Hazel Secco, CFP®, CDFA®, founder of Align Financial Solutions, as we discuss the various considerations with disability insurance as well as long-term care insurance.

For more info on Hazel and her company, check out her website: https://www.alignfinancialsolutions.com/

01:09 Key Considerations to Disability Insurance

03:02 How much disability coverage do I need?

03:44 Employer plans versus private insurance

06:52 Long term care insurance

08:06 LTC policy versus self-funding

09:15 Stand-alone policy vs Life Insurance rider

13:24 Insurance as part of financial plan

14:36 Potential mistakes with insurance products

Disclaimer: The information provided is for general informational purposes only and should not be construed as financial, legal, or tax advice. Always consult with a qualified professional before making any financial, legal, or tax-related decisions.

Join my discussion with Penny Di Giovanna, CFP®, CDFA®, founder of Beyond Divorce Solutions, on why it's so important to get a divorce-specific financial advisor involved in the divorce process.

Hear from Stephen Taylor, CFP® with Merited Wealth, on so many great tip[s and insights on college savings and prepaid plans, student loans, and financial aid.

00:30 Different college savings options

03:55 Coverdell vs 529

05:08 UTMA/UGMA vs 529

06:11 Financial aid implications

07:22 Prepay mortgage vs invest

10:04 Student Loans: How Much?

12:43 Parental implications of college savings

16:00 Prepaid plans: pros/cons

19:20 What if you contribute more than you need?

20:08 Secure Act 2.0 implications

23:33 More on financial aid/FAFSA forms

25:29 Advice for parents talking with children about college

26:58 Stephen's info