Jun 17, 2020
Today, Kimberly Nelson,
Financial Advisor, CFA®, and CDFA comes back to the podcast to
discuss financial resources and strategies to help you maneuver
through divorce and debt during COVID-19. The global pandemic has created an uncertain
financial time for many. Instability in employment and, directly
related, instability in spousal or child support you may be
receiving, are just two of the financial concerns those going
through divorce face.
And
holy cow, it’s a lot to process. Going through a divorce during this
extra tumultuous time adds a layer of complexity to
everything.
Kimberly walks us through how to
manage your debt, your finances, and what to do if/when you lose
financial support from your ex or stbx due to his or her loss of
income.
She also leaves us all with this reminder: There is no shame when it comes to your finances and COVID-19; nationally we are all dealing with this.
*Please note this episode was recorded on 5/21/20. While advice is still relevant, listeners are encouraged to consider that the COVID-19 pandemic is creating an environment that changes rapidly, and new announcements, rules, regulations, etc. continue to evolve.
Show Highlights
Learn More About Kimberly:
Kimberly has been working with high net worth
divorcees in the LA area for more than 15 years. She understands
the challenges women face when navigating an overwhelming bevy of
attorneys, accountants, insurers, and other advisors during the
dissolution process. Kimberly’s team at Coastal Bridge
Advisors prides itself on its ability to organize all the advisory
elements in a coordinated manner and ensure that the advice their
clients receive is clear, constant, and in the best interest of the
family or individual.
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