Divorce and Finances: Essential Tips from Hard Money Talks
Sometimes people say: you know what if I can have this parenting plan. What you've done is you've established a status quo of the kids living in there and you living somewhere else, and if you don't have a parenting plan where they live with you on a certain schedule, then that status quo where they continue living with the other parent most of the time, it will be presumed to continue until you change it, and it's hard to change the status quo.
Divorce is never easy, especially when it comes to the financial side of things. In this episode of Hard Money Talks, host Lauren Greutman dives into the nitty-gritty of financial preparation for divorce. Drawing from her own experiences with divorce, Lauren brings on divorce attorney Rebecca Neal to shed light on what you need to know before taking the plunge. They discuss crucial topics like dividing assets, closing joint credit cards, and choosing the right attorney.
The episode also covers the differences between mediation and litigation, and how to handle co-parenting, child support, and maintaining your lifestyle post-divorce. Rebecca Neal emphasizes that 'a scorched earth litigation will cost you so much more'. Whether you're considering divorce or already in the midst of it, this episode offers practical advice to help you navigate these challenging waters.