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11: Financial planning for divorce with Nancy Hetrick

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Synopsis

There are many factors to consider when getting a divorce, but finances may be the most important issue to get properly resolved. There are misconceptions that people have when it comes to financial division in divorce, but Nancy Hetrick is here to invalidate those misunderstood views and inform you on how to reach the best overall solution for your divorce financially. Tune into this episode of Better Money Decisions with Kate Stalter to learn how you can come to the most suitable and beneficial financial solution in your divorce.    Show Highlights:   CDFA growing in significance  Creating a different process for people  Optimizing property  Determining whether alimony should be paid  Deciding how to balance and adjust financially  Having support needed when you’re emotionally overwhelmed  Forgetting who the decision makers are  Not being willing to compromise  Limiting resources  Giving up  Betting the farm on a new relationship  Wanting guarantees and certainty  Helping people avoid litigation and the co