Sep 15, 2022
Are you going through a divorce or thinking of filing for divorce? Wondering how divorce will impact your finances? Tune in to learn from a divorce financial planning expert.
In this episode of Off the Wall, hosts David Armstrong and Jessica Gibbs welcome Stacy Francis, the President and CEO of Francis Financial and a nationally recognized financial expert who specializes in divorce financial planning. Stacy is here to talk about how to prepare financially for a divorce with tips and advice on managing your money before, during, and after a divorce.
Listen in to learn the power of understanding what your financial assets are, everything you should do before you negotiate your divorce agreement, and how to create a financial checklist for divorce. You’ll gain insight into how you can ensure your business assets, inheritance, and children are protected throughout the divorce process. Plus, you’ll learn the most overlooked type of asset Stacy sees in divorce cases.
Episode Timeline/Key Highlights:
[00:50] Introducing Stacy Francis & The topics of today’s episode.
[02:20] 3 things you should know going into a divorce.
[08:50] Ways financial assets and income can be hidden.
[11:21] Thinking of getting a divorce? Here are the top 3 things you should and should not do.
[15:19] How to find and choose a Certified Divorce Financial Analyst (CDFA®) & How they charge.
[19:08] Getting a divorce? This is what should be on your financial checklist for divorce.
[27:53] Rapid Fire Questions:
[38:40] Stacy’s recommendations on picking the right divorce professionals for you.
Francis Financial conducted a study on women who are going through or have gone through a divorce. The results shed light on the emotional, legal, and financial difficulties that women face during and after divorce. You can access their white paper online and share it with others here: https://francisfinancial.com/divorce
Relevant Resources Mentioned:
Francis Financial: https://bit.ly/3KIcrg3
Learn about Savvy Ladies: https://bit.ly/3AIOPmJ
Listen to the Financially Ever After Podcast: https://bit.ly/3B4AVwB
Personal Capital: https://www.personalcapital.com
Unveiling the Unspoken Truth: The Financial Challenges Women Face During and After Divorce: https://bit.ly/3RASf1T
Institute of Divorce Financial Analysts (IDFA): https://institutedfa.com
Questions to Ask a Certified Divorce Financial Analyst (CDFA®): https://bit.ly/3q3Lud0
About Stacy Francis:
Stacy Francis is the President and CEO of Francis Financial. Francis Financial is a fee-only boutique wealth management, financial planning, and divorce financial planning firm dedicated to providing ongoing comprehensive advice for successful individuals, couples, and women in transition such as divorce or widowhood.
She is a Certified Financial Planner™ (CFP®), Certified Divorce Financial Analyst® (CDFA®), Certified Grief Recovery Specialist® and Certified Estate and Trust Specialist (CES™) with over 20 years of experience in the financial industry. Stacy is also the host of the Financially Ever After podcast and the author of “Financial Help for Widows: A Complete Resource Guide” as well as “Unveiling the Unspoken Truth: The Financial Challenges Women Face During and After Divorce”.
Stacy is a nationally recognized financial expert, being one of 20 of the nation’s leading wealth managers on CNBC’s Digital Financial Advisor Council, a member of the Forbes Finance Council, as well as an expert contributor for The Wall Street Journal. She has appeared in hundreds of media outlets and has received numerous industry awards.
As much as 10% of all Francis Financial proceeds are donated to charities, including Savvy Ladies™, a nonprofit organization founded by Francis to educate and empower women to take control of their finances. Savvy Ladies has helped over 20,000 women through free one-on-one financial counseling, workshops, and retreats.
Connect with Stacy:
Connect with her on LinkedIn: https://www.linkedin.com/in/stacyfrancis
Connect with Monument Wealth Management:
Visit our website: https://bit.ly/monumentwealthwebsite
Follow us on Instagram: https://bit.ly/MonumentWealthIG
Follow us on Twitter: https://bit.ly/MonumentWealthTW
Connect with us on LinkedIn: https://bit.ly/MonumentWealthLI
Connect with us on Facebook: https://bit.ly/MonumentWealthFB
About “Off the Wall”:
Off the Wall is a podcast aimed at helping you answer the questions: What is the point of my wealth, and what actions can I take to accomplish that purpose? Your answers to those questions will be different from everyone else’s. As Wealth Managers, we’re skilled at helping our clients think through these challenging, but important, questions.
Learn more about our hosts, Dave and Jessica on our website at https://monumentwealthmanagement.com.
Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures.