"I think that this period can be one where folks can make mistakes and really leaning on a team of professionals that can help them through the period is of utmost importance." - Sam Kingston

Sam Kingston, a seasoned finance professional, brings over two decades of expertise in financial analysis and portfolio management to the intricate field of financial planning for divorce. With a unique background that spans global firms and family businesses, as well as personal experience being raised by a single mother, Sam is keenly aware of both the emotional and financial challenges inherent in asset separation. He advocates for a comprehensive and empathetic approach, emphasizing the need for a team of professionals—including divorce attorneys, financial advisors, and tax experts—to support individuals through this life transition. By focusing on careful financial planning and open communication, Sam aims to help individuals navigate the complexities of family businesses and shared investments, ensuring fair outcomes and long-term financial stability.

Key Takeaways

-Establishing a separate financial footprint, creating a new budget, and understanding liabilities and assets are crucial during divorce.

-Revising estate plans post-divorce is essential to safeguard assets and achieve financial goals.

-Budgeting post-divorce helps in understanding spending habits and making thoughtful financial decisions.

-Transparency and setting boundaries in financial matters are vital to ensure a fair divorce outcome.

-Being patient, seeking advice from advisors, and making thoughtful decisions during the divorce process can lead to a more favorable financial outcome.

Connect with Sam Kingston:

https://www.linkedin.com/in/sam-kingston-006a26/

https://www.edwardjones.com/us-en/financial-advisor/sam-kingston?msockid=03955cb2509a6eaa2ef34a2e51ab6f8a

Connect with Katherine Miller:

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

https://miller-law.com/