Watch the 25-minute video conversation above. Expert CDFA Advice on QDROs, Tax Strategies, and Protecting Your Financial Future When you're going through a divorce, the last thing you want to deal with is figuring out how to split up retirement accounts, who had what before marriage, what was earned during, and so on. But this is exactly the stuff you need to understand so you don't make expensive mistakes that'll haunt you for decades. I recently sat down with Certified Divo

Save Thousands in Legal Fees by Getting Your Financial Documents Organized Before Your First Attorney Meeting Organizing financial documents yourself saves thousands in divorce attorney fees. Here's something nobody tells you about divorce: the single biggest thing that will save you money is showing up to your attorney or mediator meeting with your financial documents already organized. Why? Because you're not paying someone $300-800 an hour to chase down bank statements and

From Two Incomes to One (or One to One): Creating a Realistic Financial Plan for Your Next Chapter Let's talk about the elephant in the room... going from a two-income household to a single-income household is financially brutal. Even if you're the primary breadwinner, divorce changes everything about your financial life. And if you've been a stay at home parent, the shift can feel terrifying and make you want to shut down. The bills don't change. Your kids still need the sam

Thinking about your retirement during divorce might sound premature, but your best bet to stay on track to achieve your goals is to educate yourself on how your long-term financial plans will be effected by divorce. How to Prepare for Retirement During Divorce: A Financial Survival Guide Divorce when you're staring down the barrel of retirement can feel absolutely terrifying. Maybe you've been married for 20+ years, and suddenly you're facing the reality of splitting everythi

Divorce when you've been in the dark about finances can paralyze you, but you can take control and get the info you need. When you're considering divorce but have zero access to financial information because your spouse manages everything, the whole idea of leaving can feel impossible. How are you supposed to make decisions about your future when you literally don't know what you have? I hear this exact fear almost every day from women who reach out to me. You're definitely n

So excited to be joining forces with C.D.F.A.and financial powerhouse Josephti Cruz! When you're facing divorce, the financial aspects often create the most anxiety. Not because they’re complicated (though they can be), but because they represent something much deeper: your future security, peace of mind, and ability to move forward with confidence. “Will I be okay financially?” “Can I keep my home?” “What will happen to my retirement?” These questions don’t just occupy your

Divorce brings a multitude of challenges, and navigating the complex financial landscape is often among the most daunting. When it comes to dividing assets and establishing new financial foundations, most people think primarily of attorneys, mediators, and perhaps financial advisors. However, there's a specialized professional who can make a tremendous difference in your divorce outcome, particularly when real estate and mortgages are involved: the Certified Divorce Lending P

Josephti Cruz breaks down what a CDFA does and how working with one during divorce is a game changer. When navigating divorce, most people focus heavily on finding the right attorney. While legal representation is essential, there's another professional who could significantly impact your financial future: a Certified Divorce Financial Analyst (CDFA). In our recent conversation with CDFA and wealth management expert Josephti Cruz of Cover Your Assets Divorce Financial Planni

Divorce can be a challenging and emotionally draining experience, often leaving a significant impact on your financial well-being. As a woman navigating life after divorce, it's crucial to take control of your finances and set yourself up for a stable and prosperous future. This comprehensive guide will walk you through strategies for financial recovery, tailored to women in their 30s, 40s, 50s, and beyond. We'll explore how to rebuild your savings, improve your credit, and s

Addressing the changes divorce has on your retirement plans is critical for your future financial health. Divorce can significantly change the landscape of one's financial future, especially when it comes to planning for retirement. A startling finding from the 2024 edition of MassMutual's annual survey on Social Security knowledge uncovered that more than four in 10 Americans nearing retirement age are unaware that divorced individuals can collect Social Security benefits ba

In this 20 minute video, Divorce Prep Coach and founder of The Divorce Planner Alex Beattie and had a eye-opening conversation with certified divorce financial planner and wealth management specialist Josephti Cruz of The Wealth Garden Financial Services about about uncovering hidden assets during divorce. Divorce is a journey that many navigate with a slew of questions about what the future holds. It's a period marked by change, discovery, and, importantly, the division o

Divorce means big changes for your budget. Early education and planning is your key to a sucessful split. If you're going through a divorce or considering one, planning ahead financially is key to a smoother transition. Subscribe to The Divorce Planner's newsletter   and get divorce prep tips and tools delivered right to your inbox! This quick guide of 38 money secrets from divorce professionals is a great first step toward protecting your financial future after your divorce:

The divorce process can seem like you have a on long laundry list of things to-do, most of them feeling endless and no fun! One of the most daunting can be the process of reassessing estate plans, wills, and trusts. This 20 minute conversation between divorce prep coach Alex Beattie (A.K.A. The Divorce Planner) and estate planning attorney Mindy H. Stern, sheds light on the crucial steps individuals need to take to secure their financial future during divorce. Here's what you

Navigating through a divorce comes with its set of challenges, especially when there's property involved. Before making any decisions, it's crucial to be informed about your options. Subscribe to The Divorce Planner newsletter  and get divorce prep tips and tools delivered right to your inbox! One of the biggest assets you might have to negotiate on during a divorce is marital property. Having a clear understanding of all your assets, what type of asset they are, their market

What to do with your assets is one of the biggest things you'll have to tackle during a divorce. Whether it's retirement accounts, artwork, or other valuables, one of the most high-ticket items you might have to consider divvying up is property. Deciding To Keep The Family Home Is Loaded With Emotional and Financial Pitfalls One of the most formidable questions you'll face is whether to keep marital property or sell it. This question needs to be assessed on two fronts: the fi

If You're Not Careful, Divorce Costs Can Quickly Add Up Divorce is one of the most financially draining experiences you can go through. It feels like there's a constant hum of a cash register adding on more costs as you go through the process. Every part of your budget feels the ripple effect of divorce, so preparing yourself before starting the process can help you save hundreds, if not thousands, of dollars. This quick guide aims to help shed light on the actual costs of di

Consulting A Financial Planner During Divorce Can Help You During Negotiations. Divorce is a significant life change, and it's crucial to approach this new beginning with confidence, education, and a supportive community. Everyone who goes through a divorce faces many hurdles, from the emotional labor of managing a household shift to the financial intricacies of separating shared assets. If you're feeling overwhelmed, take a deep breath and remember that knowledge and action

Divorce introduces a lot of change into a person's life, including a significant impact on both immediate and future financial plans. One of the areas typically affected is retirement planning. Subscribe to The Divorce Planner newsletter  and get divorce prep tips and tools delivered right to your inbox! The above video features a detailed conversation with financial planner and retirement expert Josephti Cruz of The Wealth Garden Financial Services and divorce prep coach Ale

These 5 divorce financial planning tips from TDP's Alex Beattie and certified money coach Eboney Byrne can be put into action today!

Thinking about keeping the family home after divorce? This CDRE shares what you NEED to know before committing to the HUGE expense.