In this episode of Think Smart with TMFG, Rob McClelland and Mike Connon unpack the unavoidable financial challenges of divorce. They paint a detailed picture of financial complexities that couples should be aware of at the onset and conclusion of a divorce.
The episode offers a comprehensive probe into how divorce can impact different facets of life, from careers to businesses, and how crucially they tie into the finances of the separating couple. With child support, alimony, and distribution of assets at play, the financial landscape can become intricate.
Rob and Mike also touch on the division and distribution of properties post-divorce and the financial difficulties that can arise, especially for the less-earning party. The final discourse shifts to the sometimes forgotten victims of divorce- the children. The hosts discuss the complex aspects of support arrangements, their longevity, and the pressing need for a fair and clear agreement in child support matters.
With insights into estate planning, insurance, changes in wills and beneficiaries, and the importance of tax implications, this episode dives deep into how divorce impacts finances. And most importantly, it underscores a reliable financial advisor's essential role in navigating the tricky waters of separation and divorce.
Episode 45: Simple Is As Simple Does
Episode 44: Owning Up to Some of The Bad Advice We've Given.
Episode 43: Investment Mistakes We Have Made Along the Way
Episode 42: Best Strategies for Dealing with Getting Older
Episode 41: What Trends Are we seeing in the Investment Industry and Asset Management These Days?
Episode 40: Protecting Your Interests
Episode 39: Predicting The Gloom: Can we determine what the market will look in 2020?
Episode 38: "Wealthspan": Making Your Retirement Money Last
Episode 37: Strategies for Tax Optimizing Your Accounts
Episode 36: Pseudo Savings - when you're harming your chances of saving for the future
Episode 35: Oil and Gas Giant Encana Moves Its Calgary Headquarters to The US
Episode 34: Technology: Making Us Way Better At What We Do!
Episode 32: The Evolution of Funds - Dimensional Fund Advisors Conference Charlotte NC
Episode 31: Part 2 - Pursuing a Better Investment Experience
Episode 30: Part 1 -Pursuing A Better Investment Experience
Episode 28: Becoming A Great Client Takes A Little Than More You Might Expect
Episode 27: What We Learned from our Evening with Preet Banerjee
Episode 26: The Changing Face of Post Secondary Education: Can You Afford It?
Episode 25: The Value of Advice
Episode 24: Is Your Cyber Identity Safe?
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