Are you going through a divorce and need some financial wisdom?

Recently Nicole Romito was a guest on The Divorce and Beyond Podcast with Susan Guthrie. Today’s episode features a replay of an insightful conversation that delves into complex financial issues during and after divorce. Gain insights on matters that arise during divorce – including whether or not to keep the house, how to find hidden assets, and the importance of having an advisor as part of your divorce team.

Learn essential tips to avoid costly mistakes and gain a deeper understanding of financial planning in the context of divorce.

Topics include but are not limited to:

• The role of a financial advisor in the early stages of a divorce
• Tax implications and true walkaway values from investments
• Complexities of dividing retirement plans, pensions, 401(k)s, and other assets
• Navigating executive compensation and ensuring a fair division
• And more

Resources:

• Expensive Mistakes Made in Complex Property Division Cases with Divorce Financial Professional Nicole Romito on The Divorce and Beyond Podcast #308

Connect with Nicole Romito:

• LinkedIn: Nicole Romito
• MyPrivateVista.com
• info@myprivatevista.com
• Call: 312-831-4370

Connect with Susan Guthrie:

• SusaneGuthrie.com
• The Divorce & Beyond Podcast
• LinkedIn: Susan Guthrie
• Facebook: Susan Guthrie
• Instagram: Susan Guthrie
• Youtube: Susan Guthrie

About Susan Guthrie:

Susan Guthrie, a renowned figure in Family Law and Mediation, has guided individuals and families through separation and divorce for 32 years. She recently co-founded the Mosten Guthrie Academy with mediation expert Forrest “Woody” Mosten, offering cutting-edge training for legal and mediation professionals.

As Chair-Elect of the ABA Section of Dispute Resolution, Susan is poised to lead the Section in the upcoming bar year. Internationally recognized for her expertise in online mediation and AI in law, she has trained over 25,000 professionals worldwide, including programs for ABA, ADRIC, and NADN.

Recipient of the 2020 L. Randolph Lowry Award from the Southern California Mediation Association, Susan also serves on the Executive Committee of the Online Mediation Training Task Force. Additionally, she hosts two acclaimed podcasts, The Divorce & Beyond® Podcast and “The Make Money Mediating Podcast”.

Jumping into managing your finances can be overwhelming, especially straight out of college.

But don’t worry, this week on Dollar$ and $ense we are replaying a popular episode that includes an insightful conversation about how young adults can build healthy financial habits.

Join Nicole Romito as she chats with Carrie Shoener (nee Mangan) about the importance of saving and investing, tips for maximizing employer contributions to a 401(k), and diversifying retirement savings across different accounts.

Gain insight into:

• 401(k)s, including contribution levels, employer matching, and pre-tax deductions
• The top 3 tips for getting started with investing
• Rules of thumb for housing costs
• Target Date Funds and how they may help you diversify your portfolio with less risk
• The importance of having an emergency fund
• And more!

Resource:

• How to Prepare for the Death of a Loved One With Carrie Shoener (Ep. 46)

Connect with Nicole Romito:

• LinkedIn: Nicole Romito
• nromito@myprivatevista.com
• MyPrivateVista.com
• info@myprivatevista.com
• Call: 312-831-4370

Connect with Carrie Shoener:

• LinkedIn: Carrie Shoener
• MyPrivateVista.com
• info@myprivatevista.com

About Our Guest:

Carrie Shoener is an advisor at Private Vista LLC. Her previous work as a high school teacher emphasized how important it is to build strong relationships as the cornerstone of one’s career. That same principle guides her work as an advisor, where she is able to continue helping people solve problems and make empowered decisions about their futures. Carrie sees her role as a trusted and empathetic source of financial education, and she enjoys working with clients to build up their knowledge and understanding of their options.

Reflecting on the loss of a loved one is an agonizing journey nobody willingly embarks on.

Yet, those who take proactive steps to brace themselves for such an inevitable occurrence are often spared the crippling weight of financial burden and the relentless onslaught of emotional upheaval in the aftermath.

Join Nicole Romito as she welcomes her esteemed colleague, Carrie Shoener, to discuss the critical but often overlooked topic of preparing for the death of a loved one. Despite the difficulty, it is essential to have these conversations to ensure that everything is in order and wishes are understood.

Learn key steps and best practices as Nicole and Carrie discuss:

• How to approach the end-of-life conversation with your loved ones
• Strategies for ensuring family members have access to essential documents and passwords
• The importance of having updated financial and estate planning documents
• Tips for sharing sensitive topics with family members to avoid future conflicts
• And more

Resources:

• How to add a Legacy Contact for your Apple ID
• Honoring Your Loved One’s Memory With Alexandra Koys (Ep. 19)
• Mastering Your Finances: Tips for Young Adults with Carrie Shoener (Ep. 21)
• Action Steps After Loss With Delaney Orozco (Ep. 45)

Connect with Nicole Romito:

• LinkedIn: Nicole Romito
• MyPrivateVista.com
• info@myprivatevista.com
• Call: 312-831-4370

Connect with Carrie Shoener:

• LinkedIn: Carrie Shoener
• MyPrivateVista.com
• info@myprivatevista.com

About Our Guest:

Carrie Shoener is an advisor at Private Vista LLC. Her previous work as a high school teacher emphasized how important it is to build strong relationships as the cornerstone of one’s career. That same principle guides her work as an advisor, where she is able to continue helping people solve problems and make empowered decisions about their futures. Carrie sees her role as a trusted and empathetic source of financial education, and she enjoys working with clients to build up their knowledge and understanding of their options.