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 82: Financial Evils Part 4: 10 Strategies to Reduce Your Tax Bill
Episode 81: Financial Evils Part 3: Taxes
Episode 80: Financial Evils Part 2: 10 Strategies to Overcome Inflation
Episode 79: Financial Evils Part 1: Inflation
Episode 78: Interview with Dr. Riley Moynes "Squeezing the Juice Out of Retirement" Part 3
Episode 77: Interview with Dr. Riley Moynes author of the "The Four Phases of Retirement" Part 2
Episode 76: Interview with Dr. Riley Moynes author of the "Money Coach" Part 1
Episode 75: The Upcoming U.S. Election Part 1
Episode 74: How to Work with and Manage Multi Generations of Families
Episode 73: Apps Make The World Go Round
Episode 72: Bonds - The Fun Part of Your Portfolio
Episode 71: Demystifying the 4% Retirement Income Withdrawal Rule
Episode 70: Future Portfolio Returns
Episode 69: Tax the Super Rich
Episode 68: FOMO (Fear of Missing Out): Are You Missing Out On The Next Best Stock Pick?
Episode 67: Tough Clients: Responsible for Making Us Better Advisors
Episode 66: The End of Currency As We Know It
Episode 65: Just Take My Advice
Episode 64: Success and Strategy with the Strategic Coach
Episode 63: Risk and Return: The Higher-end of Risk Related Investing
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast