Wealthy After Divorce

Want to unlock the secret to a less taxing and more peaceful divorce process? Join us as we chat with the accomplished mediator and attorney, Lisa Taylor, who brings a fresh perspective to divorce by advocating for pre-filing mediation. Lisa passionately shares how this method encourages couples to reach a harmonious settlement agreement before any court documentation is filed, saving them from the emotional turmoil and financial burden that traditional litigation can bring. Learn the significant differences between pre-filing mediation and end-stage mediation from Lisa and explore how she facilitates calm and productive exchanges between couples as a neutral party.RESOURCESTo connect with Lisa and learn more about her mediation process CLICK HERE To learn more about divorce mediation or to find a mediator in your area, CLICK HERETo read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult,  CLICK HEREIf you're considering divorce and want to prepare yourself financially, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

The divorce is final; yet the items on your to-do list are overwhelming enough to make you want to crawl under the covers. For most people, the day after the divorce is just the beginning of the transition process, not the end. The key to maintaining sanity during this overwhelming time is breaking up your financial "To-do" list into manageable “bites”. In this, our first 3 part Mini-Bite Series, Jacki and Melissa break down your post-divorce game plan into things that you should do "NOW", "SOON" and "LATER". Each segment has its own mini episode. Part One covers things to do within the first 1-3 months after your divorce is final. Jacki gives the listener clear and practical tips  for tackling those tasks that (if handled right away) will save much stress, aggravation and possibly money later.To read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult,  CLICK HEREIf you're already divorced and are looking for post-divorce financial planning from an advisor who specializes in this area, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTTo download Pearl Planning's post-divorce "budget" worksheet, Click here and scroll down to  "Divorce Budget Worksheet"To learn more from Jacki about why timing is so important with QDROs, CLICK HERE TO LISTEN NOW Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Prepare to be inspired as we are joined by Judy Richmond, the Women to Work Coordinator at Gesher Human Services, who gives us a detailed look into the transformative Women to Work Program. This program is a beacon of hope for women needing to reenter the workforce, offering essential skills training, peer support, and financial management techniques. Listen in as Judy outlines the eight-session journey, highlighting valuable learning experiences that the program offers, includiing the crafting of engaging resumes and conducting effective job searches.Let’s get inspired together as Judy and Jacki share the heartwarming stories of resilience and triumph that testify to the program’s success. Whether you're a woman looking to reenter the workforce or you want to know more about empowering women, this episode is a must-listen.RESOURCESLearn more about the Women to Work program CLICK HERE For more information about Women to Work's upcoming Free Workshops for workforce re-entry, contact Judy Richmond at jrichmond@geshermi.org or 248-233-4232.To read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult,  CLICK HEREIf you're already divorced and are looking for post-divorce financial planning from an advisor who specializes in this area, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTIf you're considering divorce and want to prepare yourself financially, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Are you in your 50s (and up), divorced or in the process of divorce? A future long-term care need can derail your entire financial plan and divorce settlement-unless you're  prepared.  Long-term care needs in our later years can be catastrophically expensive-especially when you  don't have a partner to share the burden.  Whether it's in a desirable facility or in your home; you want to make sure you're protected. Join us as we talk with renowned Terry Altman, CLU, ChFC, CFP a veteran risk management and insurance expert, who brilliantly demystifies this complex topic. Terry, with his profound experience in the field, paints a clear picture of long-term care insurance, its importance, and who it is essential for. He emphasizes that this insurance doesn't just shoulder nursing home costs but also covers in-home care, something many people often overlook.RESOURCESLearn more about Terry HEREPhone: (248) 481-8775Fax: (248) 481-8776Send a Message to Terry R. AltmanTo read about how Pearl Planning and Jacki Roessler, CDFA can help you though your divorce or schedule an initial complimentary consult,  CLICK HEREConnect with Terry on LinkedIn HereIf your already divorced and are looking for post-divorce financial planning from an advisor who specializes in this area, contact Melissa Fradenburg CLICK HERE TO SCHEDULE A CONSULTIf you're considering divorce and want some preliminary financial information, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Have you ever felt powerless in your financial life, or worried that someone close to you may be taking advantage of your money? We're here to help you recognize and overcome financial abuse. In this episode,  Jacki Roessler, CDFA talks with  Stacy Francis, CFP, CDFA, CES, president and CEO of Francis Financial and founder of Savvy Ladies, who shares her personal experience growing up with a grandmother who suffered from physical, emotional, and financial abuse. Together, we discuss the red flags of financial abuse, what steps to take if you suspect you're a victim, and how to reclaim your financial power. **This episode contains a content warning. Among the topics discussed are financial abuse and domestic violence. These topics can be upsetting. Please use self-care and caution to decide if you want to consume this content.** RESOURCESYou can learn more about Stacy Francis, CFP, CDFA, CES and find all the resources mentioned in this episode  HERE.To read about how Pearl Planning can help you though your divorce or schedule an initial complimentary consult,  CLICK HEREShare the  Savvy Ladies HelplineIf you're considering divorce and want some preliminary financial information, CLICK HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.https://francisfinancial.com/blog-posts/financial-abuse-the-most-common-type-of-abuse-that-far-too-many-ignore/

Navigating insurance after a divorce can be a complex and confusing process, but our guest, Mike Turkaly from Advanced Insurance, is here to guide us through it all. In this insightful conversation, we uncover the key differences between COBRA and individual policies, discuss the timing of when to elect COBRA coverage, and learn how premiums are usually handled.  Mike further breaks down the basics of Medicare Part A and B, explaining the requirements for Medicare Advantage or Medicare Supplement plans. Resources: CLICK HERE to schedule an initial (no-charge) consult with Jacki to find out how working with a CDFA® can benefit you!Find out more about Michael through these links:https://advancedinsurance.net/https://www.smartandsimple.com/partners/advanced/To discuss your situation with Michael, email at mike@advancedinsurance.net or call his direct line at 586-782-9008Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Getting through a divorce often takes a village. In fact, gathering an experienced team of professionals, can either make or break a smooth transition to post-divorce life. Adding a mortgage banker early in the process (yes, well before the case is settled) can change how you view settlement options.  In this episode, Jacki interviews Erica Powers, CMPS®, CDLP® to discuss the following:  The best time to consult a mortgage banker in divorceWhat are the most common barriers divorcees face with loan approval?Saving time and aggravation by working someone who has advanced training in divorce casesCurrent market forecast for summer 2023 in Michigan Resources: Erica Powers, NMLS #739673 of First Merchants Bank (Member of the FDIC and an Equal Housing Lender) can be reached HEREYou can also reach Erica at epowers@FirstMerchants.com  and follow her on   on Instagram  @localmortgagebankerSchedule a complimentary 30 minute consultation with Jacki Roessler, CDFA to discuss how divorce financial planning can help you by clicking here .https://calendly.com/jacki-divorceplanner/get-to-know-you Read about protecting your credit score during divorce by clicking here  https://pearlplan.com/2022/08/09/five-tips-to-protect-your-credit-score-during-divorce//Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Are you curious about how your financial landscape changes after divorce? Join us as Co-Host Melissa Fradenburg and Pearl Planning founder, Melissa Joy, CFP®, CDFA® talk Roth conversions after divorce.  In this episode,  Melissa discusses how a move to a lower tax bracket following a divorce can open up opportunities for financial growth. Melissa shares her insights on how to maximize the financial benefits from spousal support payments and reduce tax liabilities. Tune in to learn about the resources and events that can aid you in crafting a long-term financial strategy tailored to your new reality.Resources:Learn more about Pearl Planning.Connect with Melissa Joy, CFP®Replay  for our Fall Economic Update and Investment Outlook.Listen to Year-End Planning with Alexa Kane.Links are being provided for information purposes only. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional.

Season One Finale! Special EpisodeA Candid Conversation with a  Divorced Client and Jacki Roessler, CDFA In this Season One ending special episode, Jacki has a candid and personal conversation with her former client, “Diane", a data analyst who was blind-sighted when her husband left and filed for divorce. Now eight months post-divorce, she reflects on her struggles and successes during her divorce. This episode has important survival tips and will leave listeners with a hopeful message about finding confidence, joy and healing after the trauma of divorce. We will discuss:Coping with the emotional and social loss of divorceGathering the right team of professionals and support resources for your situationWhy you need a financial advisor that specializes in divorce Resources: ·       Learn more about DivorceCare’s Online and In-Person Support Groups found across the country HERE·        Local Resources for Women in Michigan can be found at https://www.womenscentersemi.org/·        CLICK HERE to schedule an initial (no-charge) consult with Jacki to find out how working with a CDFA® would help you! Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

In this episode, co-host Melissa Fradenburg, CDFA®️, AIF® welcomes Tracy Coenen, a renowned forensic accountant who specializes in helping find money during divorce. Tracy has created a 10-step Divorce Money Guide to help you find hidden assets and take control of the finances during your divorce, and she and Melissa dive into a few of the steps.  They also discuss how to spot financial fraud and infidelity, as well as what every spouse, especially stay-at-home partners, should know about their family finances.As a forensic accountant, Tracy has investigated hundreds of fraud cases in various industries and served as an expert witness in numerous cases involving damage calculations, commercial contract disputes, shareholder disputes, and criminal defense.  Tune in for an informative and empowering conversation on how to take control of your financial future  and learn from Tracy's wealth of knowledge.RESOURCESYou can learn more about Tracy Coenen and find all the resources mentioned in this episode  HERE.To read about how Pearl Planning can help you though your divorce or schedule an initial complimentary consult,  CLICK HereLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Senior divorcing couples (often referred to as “Grey Divorce”) face unique financial challenges when it comes to the marital home. If keeping the house is a priority for one spouse and there aren’t enough assets in the estate to buy out the other’s interest, couples may start thinking outside the box. Jacki Roessler,  CDFA® and her guest, Brian Cohen, 131198 Senior Mortgage Banker-Reverse Mortgage Planner of Fairway Independent Mortgage Corporation talk about the pros and cons of reverse mortgages. Brian has built his success by providing clients with over 20 years of lending experience and insightful mortgage knowledge. His high degree of reverse mortgage knowledge allows him to also help seniors understand the sometimes confusing myths, terms and conditions of reverse mortgages in order to make sound, informed decisions about what is in their best interest. Topics discussed include:What is a reverse mortgage and who is eligible? Understanding the fees and costs of a reverse mortgage as compared to the fees and costs of a traditional mortgage.What risks are associated with reverse mortgages for you and your heirs?What is the process to obtain a reverse mortgage?RESOURCESConnect with Brian by clicking here HERETo read information about reverse mortgages provided by non-profit, AARP (American Association for Retired Persons), click HERETo find a HUD counselor Click HereLearn more about  how Jacki Roessler, CDFA® helps divorcing clients evaluate information on reverse mortgages by emailing her at jacki@pearlplan.com. To read about Jacki or schedule an initial complimentary consult,  CLICK HereLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

In this episode, Jacqueline Roessler, CDFA® and her guest, Leah Hadley, CDFA® talk about divorce and supporting the unique concerns of stay-at-home parents. For any client who has been out of the workforce and dependent on their spouse’s income, financial fears can be a primary barrier to settlement. In fact, some people wait years to file for divorce simply due to that fear. Working with a CDFA (Certified Divorce Financial Analyst) as a “thinking” partner can provide insight on the process and teach clients how to analyze the financial decisions they’re facing with confidence.  We will discuss:The importance of understanding all the financial options as it relates to the houseMaking sure you don’t sacrifice your retirement well-beingFunding for children’s extra-curriculars, private school and college costs RESOURCESRead more about Leah’s firm or connect with her on social media, HEREIG: https://www.instagram.com/watchherthrive/LI: https://www.linkedin.com/in/leahahadley/FB Page: https://www.facebook.com/greatlakesdfsFB Group: https://www.facebook.com/groups/watchherthrive Download Leah’s Divorce Checklist to get organized before reaching out to a professional  HERE Sign up for Leah’s “Financial Freedom” Webinar HEREFind out how Jacki Roessler, CDFA® advocates for divorce clients during the divorce process by scheduling a complimentary 30-minute initial consult  HERE Download Jacki's Budget Worksheet HERE  Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial adv&a

Thinking about digging in and skipping legal advice in your divorce? In this episode, Jacqueline Roessler, CDFA® discusses the dangers of the new “DIY” divorce trend. Jacki addresses the main reasons clients object to hiring an attorney and walks the listeners through her opinion on why having legal expertise during divorce is critical to a good outcome. We will cover:The main benefits of working with an attorneyTips for saving money on your legal fees during divorceJacki’s short list of suggestions to improve the client/attorney relationship during divorce Resources: ·        Contact Jacki via email at jacki@pearlplan.com·        Read Jacki’s recent blog on How Spousal Support is Decided in Michigan  CLICK HERE to read now·        Find out how Jacki Roessler, CDFA® advocates for divorce clients during the divorce process by scheduling a complimentary 30-minute initial consult  https://calendly.com/jacki-divorceplanner/get-to-know-you?month=2022-12&back=1 Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Dividing property during a divorce can be a contentious topic for many couples. Today our guest is Family Law Attorney and Mediator Alisa Peskin-Shepherd. Alisa specializes in looking at what is presented to her as well as what is possible while practicing family law and conflict resolution. She will share her best practices for those navigating property issues during divorce.  Resources:Listen to Alisa discuss Collaborative Divorce with Melissa Joy, CFP, CDFA in a throwback episode of our sister podcast, "52 Pearls" by clicking here.Find more information on  Alisa Peskin-Shepherd HERE.Connect with Jacki Roessler and learn more about Divorce Financial Planning at Pearl Planning.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Getting a divorce when one (or both) parties own a business adds an extra layer of ambiguity. Most often in these situations, the attorneys will recommend hiring an expert to place a value on the business. However, clients often feel unsure about the importance of taking on this added expense and effort. Jacqueline Roessler, CDFA is joined by business appraiser, Ben Bershad to provide clarity on the valuation process and why it’s essential to a divorce with transparency. In addition, Ben discusses the business appraiser’s critical role in determining the owner’s income for purposes of child and spousal support.  We will discuss:Why you need a business appraiser who is local and specializes in divorceThe two main roles of the business appraiser in divorce-and the one role that isn’tTaking the emotion out of business appraisals in divorceWhat goes on in the “room where it happens” when dueling business appraisers help attorneys and clients hash out a compromise?Resources: ·        Read more about Ben’s firm, Bershad Valuation Consulting HERE·        Contact Ben Bershad, ABV, CVA at bbershad@bershadvaluation.com·        Find out how Jacki Roessler, CDFA® helps divorcing clients with a business by scheduling an initial consult by clicking this link  https://calendly.com/jacki-divorceplanner/get-to-know-you?month=2022-12&back=1·        Learn more about Business Appraisals and Divorce At Family Lawyer Magazine HereLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

In this episode, Jacqueline Roessler, CDFA® explains the QDRO process for post-divorce clients. Clients are often overwhelmed and confused by the length of the time it takes to put QDROs in place. Additionally, clients are confused about who plays what role in getting to the QDRO finish line and why it’s important to be proactive.  If you’re wondering “where’s my money?”, this episode will point you in the right direction.We will cover:What is a QDRO and why do you need one? The many stages of getting your QDRO processed When you can expect to receive your moneyResources:Contact Jacki via email at jacki@pearlplan.comRead Jacki’s blog on QDRO timing HERE.Find out how Jacki Roessler, CDFA® advocates for divorce clients during the divorce process by scheduling a complimentary 30-minute initial consult HERE.As a companion to this episode, download our QDRO Process Flowchart by clicking  here: https://pearlplan.com/wp-content/uploads/2023/01/QDRO_Process_Pearl_Planning.pdf  Read the US Government’s Accountability Office’s Recommendation on the processing of QDROs after divorce HERE.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Finding a health plan can be overwhelming and there is more to shopping for health insurance than just finding the lowest premium. This weeks’ guest, Anthony Fracchia, President, and CEO of Altruis Benefit Consulting will be discussing the process of purchasing health insurance after divorce. Anthony co-founded Altruis Benefit Consulting with his father in 2002, creating a business model that revolves around helping businesses, families, and individuals understand their benefit options and educating them on the differences. Altruis Benefit Consulting is one of largest producers of individual health insurance in the state of Michigan. Anthony will share why you should consider all options like available subsidies or tax credits before the final decree is signed, and why it is important to consider what your family’s actual needs will be as far as medications, specialist visits and treatment rather than just the bottom line on your monthly premium. Resources:Find out more about Anthony Fracchia and Altruis Benefit Consulting. Connect with Anthony Fracchia on LinkedIn.Read Altruis Newsletter about open enrollment HERE.Find out more about changes to health insurance since the Affordable Care Act HERE. Connect with Melissa Fradenburg and learn more about Divorce Financial Planning at Pearl Planning.Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

In this episode, Jacqueline Roessler, CDFA® sits down with family law attorney Jorin Rubin to get the inside scoop on spousal support in Michigan divorce matters.  Following law school, Jorin worked for the United States Attorney's Office in New York in the civil division. Using that experience as the foundation of her private practice, she broadened her focus to the areas of criminal and family law. She has been practicing in Michigan since 2002.  An aggressive litigator in both civil and criminal matters, Jorin knows when a fair and reasonable agreement has been reached and when to engage in litigation “warfare.” Her clients also appreciate her empathy and sense of humor which she brings to all her cases. We will discuss:•How Spousal Support is determined in Michigan divorces •The four most important factors considered in spousal support•Pros and Cons of Modifiable vs. Non-Modifiable supportResources:Read more about Jorin’s firm, Rubin Frampton HEREContact Jorin Rubin at Jorin@RubinFrampton.comRead about Jorin’s selection as a prestigious SuperLawyer HEREListen to this podcast on why developing a budget is so important HEREBook an intro appointment with Jacki Roessler, CDFA HERELinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Social Security rules and calculations are confusing for everyone. Being divorced doesn’t make it simpler. The good news is Social Security representatives can make it easier. We go to the source with our guest, Vonda VanTil, the public affairs specialist for Social Security servicing Michigan. Jacki Roessler and Vonda get into the nitty gritty of Social Security rules for divorced spouses - in plain English. We will discuss:What are Social Security former spouse benefits?Do you meet the age and marriage length requirements?When can you begin collecting benefits?Little known filing trick to maximize benefitsEffects of remarriageResources:Sign up for your own Social Security account HereLearn more about Social Security Divorced Spouse Benefits HereSchedule an appointment to discuss your benefits with your local office by calling 1-800-772-1213 (TTY 1-800-325-0778)Find out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life. https://pearlplan.com/financial-planning-services/financial-planning/2022 Year-End Tax Tips for Divorcing Clients: CLICK HERE FOR A QUICK READLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

Getting through a divorce (well) often takes a village. In fact, gathering an experienced team of professionals, each specializing in divorce can either make or break a smooth transition to post-divorce life. In addition to a divorce attorney and a divorce financial planner, adding a realtor who specializes in divorce can be a time and money saving addition to the team. In this episode, Jacki interviews Jodi Douglas, a local realtor who has created a unique process designed specifically for working effectively with divorced and divorcing clients. We will discuss:The emotional attachment to the house as a “home” versus an asset to be soldThe pros and cons of making repairs before listing the home for saleDeveloping a united front with both clients and their lawyers when selling the marital homeTreat your buy-out as a new purchaseFiguring out if you can afford the home before your ask to keep itFirst year is an adjustment period-get a home warrantyResources:Find out more about Jodi Douglas CLICK HERE FOR JODI'S WEBSITEContact Jodi L. Douglas, MS, CNE, RCS-D at 734.660.5060 (Cell) | 734.761.6600 (Office)Mindful Divorce Page: https://www.mindfuldivorceconsultinggroup.com/advisorsFind out how Pearl Planning assists post-divorce clients transition to a successful and purposeful post-divorce life. https://pearlplan.com/financial-planning-services/financial-planning/2022 Year-End Tax Tips for Divorcing Clients: CLICK HERE FOR A QUICK READLinks are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.