In this conversation, I interview Amy Hale from BMO Wealth Management about the importance of financial control and confidence for women, especially during and after divorce.

Amy shares insights on common financial mistakes women make, the significance of being involved in financial discussions, and the role of financial advisors in empowering women. The discussion emphasizes the need for women to take control of their financial journeys and the importance of building confidence through knowledge and support.

Takeaways

Women often lack a seat at the financial table during divorce.

Financial confidence can decrease significantly for uninvolved women.

Establishing a relationship with a trusted financial advisor is crucial.

Women should understand their overall financial picture, including budgeting and investments.

Isolation can lead to poor financial decisions during divorce.

Choosing the right financial advisor is essential for long-term success.

Emotional decisions can cloud financial judgment in divorce.

Women should evaluate the pros and cons of keeping the marital home versus liquid assets.

Starting to engage with finances can significantly boost confidence!

Reach out to Amy: Amy Hale - BMO Harris

About the Podcast:

Divorce for Wealthy Women features top divorce professionals who share their insights with women navigating the complexities of high-net-worth divorce. Each episode is designed to help listeners protect their lifestyle and financial future - before, during, and after divorce.

Brooke discreetly helps affluent women through divorce by providing financial clarity and support.

Website: ⁠www.summerhillfirm.com ⁠

My NEW Book "Divorce for Wealthy Women": Amazon

LinkedIn: ⁠linkedin.com/in/brookesummerhill⁠

Divorce is never easy! Especially when significant wealth, family dynamics, and your children’s future are on the line. In this insightful episode, host Brooke Summerhill welcomes Charles D. Jamieson, a Board-Certified Marital and Family Law attorney with over 40 years of experience. Charlie breaks down the most critical legal changes and strategies that affluent women must understand during divorce.

He explains how recent changes to time-sharing laws affect mothers seeking primary custody, as well as key updates to alimony statutes. He also dives into how assets can be hidden during divorce and what women can do to protect themselves. From practical tips on financial documentation to the value of a strong legal and financial team, Charles shares actionable advice to help you safeguard your future.

Listen now to gain expert legal insight and empower yourself with the tools to navigate your divorce confidently.

Key Topics Covered:

• The impact of new 50/50 time-sharing presumption

• How spouses hide assets and how to find them

• Why a forensic accountant is essential

• Legal consequences of asset concealment

• Ten things divorce attorneys wish clients knew
  

Guest: Charles D. Jamieson

Board Certified in Marital and Family Law

Website: www.cjamiesonlaw.com

Phone: 561-478-0312

Charles D. Jamieson is a highly principled attorney known for his assertive representation and deep commitment to family law. With a practice spanning over four decades and experience consulting on divorce cases across more than 20 states, he is widely respected for his expertise in complex family rights issues. Based in West Palm Beach, Florida, he remains a trusted ally to clients navigating the legal challenges of divorce.

About the Podcast:

Divorce for Wealthy Women features top divorce professionals who share their insights with women navigating the complexities of high-net-worth divorce. Each episode is designed to help listeners protect their lifestyle and financial future - before, during, and after divorce.

Brooke discreetly helps affluent women through divorce by providing financial clarity and support.

Website: www.summerhillfirm.com

LinkedIn: linkedin.com/in/brookesummerhill

Divorce can be an emotional and financial rollercoaster, but the tax implications are often the process's most overlooked and complicated part!! In this episode, we dive deep into the intersection of taxes, alimony, child support, and divorce settlements to help you navigate the complexities of life after divorce. Do you know who gets to claim the child tax credits? What about how tax debts are shared post-divorce? We’ve got you covered.

Join Hubert Johnson, a seasoned tax attorney with over 15 years of experience, as he explains the critical tax rules every woman should know during and after divorce. Hubert breaks down the effect of tax reforms on alimony payments, why a solid marriage settlement agreement is crucial, and how to handle tax debts and deductions in shared custody situations. He also covers when it’s time to consult a tax attorney and how to avoid unwanted tax consequences, especially in cases involving bankruptcy.

Whether you’re just beginning the divorce process or dealing with post-divorce financial challenges, this episode offers actionable advice to help you make informed, strategic decisions.

Topics Discussed:

• The impact of recent tax reforms on alimony payments
• Tax filing status options for divorced individuals
• Managing child tax credits and deductions in split households
• Addressing tax debts and joint responsibilities after divorce
• The essential role of tax attorneys in divorce and financial planning

About Hubert Johnson
Hubert Johnson is an experienced tax attorney with a diverse background in tax law and financial planning. He began his tax law career in 2009 and has since led various tax departments, taught tax law, and helped thousands of clients navigate the complexities of the IRS and state tax agencies. Hubert is the founder and owner of Guardian Tax Law, and has saved clients millions of dollars over the years. He is also a sought-after speaker and educator on tax matters.

Hubert was admitted to the Idaho Bar in 2007 and the California Bar in 2008. He holds a law degree from the McGeorge School of Law and graduated summa cum laude from CSU Sacramento.

Connect with Hubert:

• Website | Guardian Tax Law
• LinkedIn | Hubert Johnson

About The Podcast
Divorce for Wealthy Women brings together top divorce professionals to share practical insights tailored to affluent women navigating the complexities of divorce. Hosted by Brooke Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, this podcast offers expert advice to help women preserve their lifestyle during and after divorce.

Connect with Brooke Summerhill:

• Website | Summerhill Firm