How to Handle Your Finances After Divorce

About Beth Krazewski Beth has been empowering clients for the past 22 years to discover a greater purpose for their financial wealth and to pursue it with confidence. Her area of expertise is financial planning for life’s transitions especially divorce, retirement, and widowhood. These are complex financial situations and Beth enjoys holding the big picture for her clients while collaborating with their accountants, attorneys, and other members of their team.

Beth has a unique passion for divorce planning and for helping people at that difficult juncture. Her compassion for these clients led her to get a CDFA/Certified Divorce Financial Analyst designation, allowing her to assess their settlement sweet spot by analyzing short-term and long-term projections. Knowledge is power. And the strategic advice Beth offers clients based on her findings helps them feel confident negotiating and signing their agreements.

In her 12th year as a planner and manager, Beth founded Purposeful Wealth Advisors, a division of Keating & Associates. Though she’s based in Chicago, Beth works with clients across the US and around the world. When she’s not working, Beth is busy living the dream she and her husband hatched along with their three cherished children who throw a wrench into the plan every now and then. As they should!

https://www.linkedin.com/in/bethkraszewskicfp/ https://purposefulwealthadvisors.com/

Timestamps:

00:00​ – How to Handle Your Finances After Divorce
01:12 ​ – Why did Beth choose to become a Divorce Financial Planner?
02:39 ​ – Importance of Choosing the Right Divorce Lawyer
04:22​ – What financial advice might Beth provide people before they divorce?
08:21​ – When and at what point should the person contact Beth in the divorce process?
10:38​ – How far can a divorce lawyer go in the divorce process?
12:36​ – How much should be spent on divorcees on a percentage basis?
14:47​ – Understanding divorce custody and finances
17:32​ – Divorce advice from Dave
19:32​ – What is the significance of having a financial advisor during divorce?
21:45​ – How does the post-divorce process work?
24:23​ – How Beth engages with her divorce clients
25:40​ – How does a divorce affect a 529 College Plan?
26:53​ – What are some divorce-related errors that smart people make?
28:40​ – How should the mortgage be handled during the divorce process?
30:10​ – What is Beth’s greatest recommendation for choosing a divorce attorney?                                               33:03 – How does referral work when looking for the best divorce attorney?                                                                   35:02 – What type of divorce lawyer should you avoid hiring?

📺Watch and Enjoy!