Episode #176: Navigating the Financial Side of Divorce

In this week’s episode of Grow Money Business, we are joined by Rachael Burns. Rachael is the proprietor at True Worth Financial Planning, a certified financial planner, and a certified divorce financial analyst who helps women navigate the financial side of divorce and widowhood. She joined us today to share her wisdom about the financial implications of getting a divorce, as well as some important consideration for female business owners entering this transition.

Show Notes

[04.47] Common Mistakes –Rachael starts the conversation by explaining some of the common mistakes women make when going through a divorce.

[15.51] Community Property States – Rachael explains the concept of community property.

[25.37] Common Misconceptions – Grant and Rachael discuss some common misconceptions people have regarding getting financial advice from their attorney.

[38.07] Focusing on Women – Rachael shares why she was focused on working with women.

[45.34] Stable Income – Grant and Rachael discuss how financial stability impacts the process of starting a new business.

[50.50] Needs of the Client – Rachael walks us through how she ensures she is meeting the needs of her clients.

Resources

Connect with Rachael

LinkedIn - linkedin.com/in/rachaelvburns/

Website -   trueworthfp.com/

xyplanningnetwork.com/