106: How to protect your money through a divorce - with Lisa Linfield - a podcast by Mary Baird-Wilcock

from 2020-02-25T04:00

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If you’re faced with divorce or a breakup, how do you protect your money and everything you’ve built through the relationship? According to the American Psychological Association, “about 40 to 50 percent of married couples in the United States [end in] divorce.” And if you’re faced with it right now, one of the scariest parts to figure out is the money side.

My special guest today is certified financial planner, Lisa Linfield and she is simplifying how to protect your money through a divorce. Let’s face it… separation and divorce are both emotionally difficult events. Is it possible to have a healthy, amicable breakup? And if you’ve built a small business or accrued assets throughout the course of your marriage, how do you ensure that you keep the things that are most important to you, in the end?

Lisa Linfield simplifies how to protect your money through a divorce.

In this episode, you will learn:

  • What mistakes people tend to make before they decide to split up and how to avoid doing the same
  • Why it’s important to understand your financial situation and collect as much  information as early as possible
  • What the “5 Whys” technique is and how to implement this throughout the divorce process
  • What the two main stages are in the divorce process and a few simple tips to help you navigate both:
    • Negotiating the settlement and
    • Maintaining the settlement agreement
  • How small business owners can better ensure that they won’t lose everything in a divorce

Time to #DoTheThing!

Episode sponsored by...

Ethical Hour

Ethical Hour is the world's first and largest online community for changemakers, social entrepreneurs and impact businesses, where you can meet like-minded friends, collaborators and supporters - and get the help you need to grow your income, influence, and impact. 

To learn more and get connected, visit: ethicalhour.co.uk/simplify

Show notes available with all LINKS mentioned here:
https://thesimplifiers.com/podcast/lisa-linfield-how-to-protect your money-through-a-divorce

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