Carlie’s Divorce Mottos
Posted by Carlie Berke, CDFA®
September 26, 2017
Words to live by when you are going through a divorce.
Carlie’s 12 Divorce Mottos:
1. “Keep as much money in your family as possible.”
2. “Think of the financial settlement in your divorce as a business transaction.”
3. “Fair is in the eyes of the beholder. It is a loaded word in divorce.”
“Minimize making decisions driven by emotion.”
4. “You do have a pre-nup, it is called California Family Law.”
5. “Focus on maximizing net dollars in your pocket by avoiding costly mistakes in divorce including ignoring impact of taxes, excessive legal fees, not managing emotions during the process.”
6. “There is a linear relationship between how long your divorce will take and how much it will cost you and your family both financially and emotionally.”
Divorce is like going to a foreign country where you do not know the laws and you don’t understand the language. Get up the learning curve.
7. “Don’t spend a dollar to save a dime.”
8. “Divorce is like going to a foreign country where you do not know the laws and you don’t understand the language. Get up the learning curve.”
9. “Minimize making decisions driven by emotion.”
10. “Emotion costs money.”
11. “Improve your financial IQ to be prepared to make settlement decisions and for life after divorce.”
12. “Use the right tool for the task during your divorce process. Professionals that may be part of your team include a family law attorney, therapist, CDFA®, tax CPA, divorce lending professional, real estate broker, business valuator, or forensic expert.”
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You may need to work with a team of people willing to help you as you navigate the many many transitions that your divorce will require.
Try to be the best co-parent you can be for the best interests of your children, especially during the holiday season.
Credit is something often overlooked and needs to be protected in a divorce.
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