What are some unique challenges that mid-career professionals face during divorce?

Jamie M. Lima is a renowned certified divorce financial analyst and certified financial planner who specializes in helping mid-career professionals navigate the financial complexities of divorce. As the founder of Allegiant Divorce Solutions and the creator of the Secure Split app, Lima draws on over 20 years of experience to guide clients through asset division and retirement planning, with a particular focus on managing complex workplace benefits like stock options and pension plans. He believes that financial planning is crucial during divorce proceedings, as it helps individuals avoid common pitfalls and make decisions that align with their long-term financial goals. By working closely with tax professionals and leveraging tools like the Divorce Toolkit, Lima empowers clients to prioritize their future and make informed financial decisions, ensuring a secure post-divorce financial future.

Key Takeaways

->Involving financial professionals early in the divorce process is crucial for making informed decisions and planning accordingly.

->The Divorce Toolkit provides resources for understanding topics like dividing retirement accounts, tax impacts, alimony, child support, and budgeting calculators.

->Financial planning tools like the Divorce Toolkit help in streamlining financial planning for divorcing couples, attorneys, mediators, and certified divorce financial analysts.

->Financial planning expertise is essential in managing asset division, retirement planning, and tax implications during divorce.

->Mid-career professionals facing divorce may encounter complex financial challenges related to workplace benefits like stock options, pension plans, and tax implications.

->Alimony, or spousal support, aims to provide financial resources for the out spouse to adjust to single life, cover living expenses, and support individuals during the post-divorce transition period.

Connect with Jamie M. Lima:

https://allegiantds.com/

https://www.linkedin.com/in/jamielima/

Connect with Katherine Miller:

https://www.linkedin.com/in/kemiller1/

https://miller-law.com/