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HerMoney with Jean Chatzky

Ep 354: Protecting Your Finances in a Divorce

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 18 January 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Divorce is complicated enough, but inflation and rising interest rates have made the process even more expensive. And given that women are more likely than men to struggle financially post-divorce, we have to be more strategic about protecting our money. Divorce attorney Lisa Zeiderman joins us to discuss everything we need to know about divorce in 2023, from prenups to spousal support. In Mailbag, we hear from a listener who wants to declutter her house. In Thrive, 4 things to know about taxes in 2023. HerMoney is still conducting its annual Podcast Listener Survey. Take 8 minutes to help make our podcast better, and get the chance to score prizes! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an AirWave Media Podcast.

0:04.0

A lot of women are reluctant to have that litigation, that fight, and they're reluctant to go

0:12.0

into court because they think that it costs more.

0:14.6

It doesn't necessarily cost more.

0:16.8

Sometimes we meet people who have been in collaboration or mediation and there's been

0:21.2

a fortune spent and nothing's happened.

0:23.6

So I think that they need to understand the assets and they need to get their fair share

0:27.6

and they need to do whatever they need to do to get there.

0:34.6

You probably have a solid plan for retirement, but you still might be wondering, did I miss

0:40.0

something?

0:41.0

Is there something more I can do right now to secure my future?

0:45.5

It is time to find out and visit planefe.com slash her money to schedule a free appointment

0:52.7

with an advisor today.

0:54.7

Hey, everyone, I'm Jean Chatsky, thanks so much for joining me on her money.

0:59.0

If the past year has taught us anything, it's that the economy touches every aspect

1:05.4

of our lives, inflation, rising interest rates, layoffs, these are not just financial issues.

1:13.3

The markets can also impact our mental health, our physical health, and our relationships

1:19.4

and any problems in our personal lives can get even more difficult once the stress of

1:26.4

finances gets involved.

1:29.3

That has certainly been the case with divorce.

1:32.6

I don't have to tell you that divorce is complicated and expensive, but recently those

1:40.2

expenses have just been magnified by inflation.

...

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