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    Kids & Family

    Financially Ever After Widowhood

    Widowhood is the state of being a widow or widower: a person whose spouse has passed away. This is a situation that no one wants to be in, but it is something that can happen, and that you and your family should be prepared for financially. When this kind of painful, life altering event occurs, it’s important to have the structure in place for you and your family to be protected, and this year on Financially Ever After Widowhood, Stacy Francis is going to be talking to a diverse lineup of experts, and individuals who have gone through it themselves, to give you the tools and information you need to be prepared.

    Prior to this year’s series on Widowhood, Financially Ever After covered topics related to divorce. We invite you to check out these fantastic episodes if they are relevant to you.

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    Latest Episodes:
    Divorce Recovery Begins with the Right Mindset Sep 01, 2020
    Show notes

    Renee Bauer is a podcast host, a Connecticut Divorce Attorney at Bauer Law Group and the CEO of Happy Even After, an organization dedicated to family and matrimonial law. She joins Stacy Francis to talk about how your thinking patterns can emotionally and financially affect you during and after your divorce, and shares tools to help you have the right mindset.


    • The type of questions clients ask are good indicators of where their mindset is, Renee claims. Clients that ask questions like “How will I ____” are looking externally for the solutions, whereas clients that ask “What can I do to ____” are looking internally for solutions.
    • There is no law stating that you can’t date during your divorce, but you need to be sure that you’re in the right mental space for it.
    • Renee recommends therapy for people going through a divorce, at least for a short time; it’s a grieving process that you shouldn’t have to do alone, she says.
    • Many women hesitate to get a divorce because they feel ashamed, Renee shares.


    Reach out to receive a complimentary consultation.


    Resources

    Renee Bauer on LinkedIn

    FamilyLawyerCT.com

    MsReneeBauer.com


    Stacy Francis on LinkedIn | Twitter

    Email: stacy@francisfinancial.com

    FrancisFinancial.com


    The Financial Pros and Cons of Marriage Aug 18, 2020
    Show notes

    Dawn Cardi is a founding partner at Cardi & Edgar LLP. She has considerable experience in corporate and securities law, and has spent dozens of years as a matrimonial attorney, representing individuals in divorce and custody proceedings. She joins Stacy Francis to talk about the financial advantages and disadvantages of both formal marriage and common law marriage.


    • People are often shocked to learn that when they get married, everything they earn, except for certain exceptions, becomes marital property regardless of whose name it is in. Exceptions include inheritances and third party gifts that you don’t commingle into your joint bank account.
    • The biggest issues for common law spouses, according to Dawn, are that they are not accumulating joint wealth that can be distributed during a divorce, they are not accumulating joint retirement monies, and they are not eligible for spousal support.
    • Dawn recommends that couples sign postnuptial agreements if one spouse is going to be a stay-at-home parent, or if the couple is moving out of the country to a place where one spouse cannot get employment.
    • Statistics show that divorced women over the age of 65 are the most likely women to live below or at the poverty line.


    Resources

    Dawn Cardi on LinkedIn

    CardiEdgarLaw.com


    Stacy Francis on LinkedIn | Twitter

    Email: stacy@francisfinancial.com

    FrancisFinancial.com


    The Unexpected Impact of Social Media on your Divorce Aug 04, 2020
    Show notes

    Paige Zandri is a Managing Partner and the Lead Mediator of Artese Zandri. She has significant expertise in helping couples create an amicable separation. She joins Stacy Francis to discuss social media, and its effects on divorce.


    • One’s presence on social media can impact alimony, child support, custody, and can be used as evidence in court. Paige advises that parties in divorce act as if there is a judge looking over their shoulder.
    • What a person posts on social media can be taken out of context in incriminating ways, creating a presumption that they must overcome.
    • You shouldn’t post anything on social media after consuming alcohol, Paige warns.
    • Paige suggests that listeners who are considering reconnection should solicit the help of a third party.



    Resources

    Stacy Francis on LinkedIn | Twitter

    Email: stacy@francisfinancial.com

    FrancisFinancial.com


    Paige Zandri on LinkedIn

    Email: paige@artesezandri.com

    ArteseZandri.com


    Divorcing During COVID - What You Need to Know Jul 21, 2020
    Show notes

    Helene Bernstein is a Divorce Attorney and Mediator of her own firm and has been a family law attorney in Brooklyn, New York for the past 25 years. She sits on the board of Family Kind, a non-profit organization that offers reduced fee mediation services for couples going through divorce or separation. She is also a member of the board of directors of the Family Divorce Mediation Council and chairs their Continuing Education Committee. She joins Stacy Francis to talk about how COVID-19 is affecting the divorce process and ways to get to the best resolution.


    • Children are experiencing difficult times with the existence of COVID-19 and their shift to long distance learning, but those whose parents are going through divorce or separation have an additional source of stress.
    • Family Court is the emergency room of the American judiciary system
    • Parties that live in New York City who want to get divorced quickly are encouraged to file their papers in upstate New York County.
    • In any current divorce or separation agreement, there must be a COVID provision to deal with parenting.


    Reach out to receive a complimentary consultation.


    Resources

    Stacy Francis on LinkedIn | Twitter

    FrancisFinancial.com

    Email: stacy@francisfinancial.com

    Phone: 212-374-9008


    Helene Bernstein on LinkedIn | Twitter

    HBernsteinLawandMediation.com

    Email: helene@hbernsteinlawandmediation.com


    The Risks and Rewards of Buying and Selling During Divorce Jul 07, 2020
    Show notes

    David Perry is a licensed real estate broker and certified Divorce Real Estate Specialist at Brown Harris Stevens. He joins Stacy Francis to talk about how to navigate buying and/or selling one’s home during a divorce.

    • According to David, accounting is the language of business, economics is how you run it, and real estate is the marriage of both.
    • Having a real estate broker as a resource from the beginning is important, David says, even if couples aren’t sure whether they want to buy or sell.
    • Pricing houses close to the market value is a safe decision; if priced too high, and the house remains on the market for a long period of time, the value will decrease as time progresses.
    • There is a perception that one can buy a house at a better price if a couple is selling it because they are getting divorced.


    Resources

    Stacy Francis on LinkedIn | Twitter

    Email: stacy@francisfinancial.com

    FrancisFinancial.com


    David Perry on LinkedIn | Twitter

    Email: dperry@bhsusa.com

    BHSUSA.com


    Using Positive Psychology to Flourish During and after Divorce Jun 23, 2020
    Show notes

    Emiliya Zhivotovskaya is the CEO of The Flourishing Center, an organization dedicated to “training the change agents of the world” by using science to help people lead more fulfilling lives. She joins Stacy Francis to discuss how to navigate your emotions during divorce and to share three tips on how to change your habits.


    • Self-awareness brings about self-compassion, which brings self-care, which enables more self-awareness. Human beings have been wired with a negativity bias, so we pay more attention to the negatives, regardless of the existence or abundance of positives.
    • Many people assume that happiness is an event that takes place in the absence of difficulty. Positive psychology advocates approaching emotions as a science to identify what skills are necessary to build and maintain happiness and resilience.
    • Changing your habits involves changing how you think, how you feel, and what you do.
    • The main thing that distinguishes humans from animals is that we can actively choose our response to stimulus.


    Resources

    Reach out to receive a complimentary consultation.

    FrancisFinancial.com

    Stacy Francis: Stacy@francisfinancial.com

    Phone: 212-374-9008

    Emiliya Zhivotovskaya on LinkedIn

    TheFlourishingCenter.com | Podcast


    Understanding Postnup Agreements & their Benefits Jun 09, 2020
    Show notes

    Linda Rosenthal is a matrimonial lawyer and partner at McLaughlin & Stern. She joins Stacy Francis to chat about prenups and postnuptial (postnups) agreements, and how the latter may prove beneficial.

    Here are a few highlights from their conversation:

    1. A prenup is a contract agreed upon by the involved parties before a marriage, in the event of separation, divorce, or death; a postnup is a contract agreed upon during a marriage.
    2. Postnups provide the advantage of making decisions during your marriage with more information about specific life events.
    3. You should discuss postnup agreements with your spouse before you make a big economic decision (like reducing your income, for example), in reliance on your spouse’s income.
    4. Linda believes that a marriage is an economic partnership and both parties should be aware of the rules that apply with regards to the law, so doing a prenup – or at least learning about the economic rules of marriage - should be mandatory before marriage.

    Resources

    Reach out to receive a complimentary consultation.

    FrancisFinancial.com

    Stacy Francis: Stacy@francisfinancial.com

    Phone: 212-374-9008

    Linda Rosenthal on LinkedIn

    Email: lrosenthal@mclaughlinstern.com

    Call or text Linda at:

    212-455-0358

    McLaughlinStern.com


    Surviving Relocation May 26, 2020
    Show notes

    Sophie Jacobi-Parisi is a partner at Warshaw Burnstein, LLP and practices matrimonial and family law, representing people in matrimonial, custody and support matters. She joins Stacy Francis to discuss relocation issues and how you can resolve them.


    • Relocation is not automatic; you do not have the right, just because you’re the mother, to take your children and move away from their other parent.
    • Make your case for relocation as strong as possible: consider all the benefits that the relocation may provide for your children, such as a nicer home or better extra-curricular programs at a better school.
    • If a parent takes a child on an international trip and doesn’t bring the child back, the other parent can file a Hague case in the child’s home state or country in order to bring jurisdiction back to their country.
    • People need an education on what it truly means to get divorced, Sophie says. She believes that generally, marriages can survive relocation, and divorce may not always be the answer.


    Resources

    Sophie Jacobi-Parisi on LinkedIn

    Warshaw Burnstein, LLP


    Reach out to receive a complimentary consultation.

    FrancisFinancial.com

    Stacy Francis: Stacy@francisfinancial.com

    Phone: 212-374-9008


    Being a Stepmom Without Losing Your Money, Your Mind, and Your Marriage May 12, 2020
    Show notes

    Laurie Marchel is a business executive in the financial services industry and the author of The Stepmoms’ Club: How to Be a Stepmom Without Losing Your Money, Your Mind, and Your Marriage. She joins Stacy Francis to share tips for navigating a blended family.


    • When making decisions regarding the safety of your children, their best interest should come first.
    • According to statistics, 1300 stepfamilies are formed every day in the US.
    • The four D’s of stepparenting are: Documents, which will give you, as a stepfamily, a glimpse into your future; Dollars, which involves understanding financial obligations and responsibilities; Delegation, which centers around seeking professional assistance; and Do stay true to yourself, which is a reminder to stepmothers to not lose sight of who they are in the wake of assuming their new responsibilities.
    • Parents in blended families need to communicate about plans for Mother’s Day, as a lack of communication may result in plans that unintentionally slight stepparents.


    Resources

    Reach out to receive a complimentary consultation.

    FrancisFinancial.com

    Stacy Francis: Stacy@francisfinancial.com

    Phone: 212-374-9008


    The Stepmoms’ Club on Facebook | Instagram

    TheStepmomsClub.com

    The Stepmoms’ Club: How to Be a Stepmom Without Losing Your Money, Your Mind, and Your Marriage


    Navigating Conflict in your Marriage Apr 28, 2020
    Show notes

    Rich Heller is a conflict coach and trained mediator, with a master’s degree in social work and a certificate in coaching, who works with couples struggling to manage conflict. Whether a couple has decided to separate or divorce, Rich’s goal is to help minimize the friction, so the couple can maximize the support they give to their children.

    • Rich talks about how, during difficulties in your marriage, children are taking in everything you say about, and how you treat, your spouse – and that the children’s needs and feelings should come first.
    • Rich and Stacy discuss how and when you can use the services of a mediator to help with challenges in your marriage, and how they can help you negotiate your options for moving forward together or separately, all while staying true to your principles and values.
    • Rich expands on how you can “divorce-proof” your children - communicating with them honestly, helping them develop resilience and grit, and encouraging them to have good relationships with both of their parents, even when there is conflict and negativity.

    Resources

    Reach out to receive a complimentary consultation.

    FrancisFinancial.com

    Stacy Francis: Stacy@francisfinancial.com

    Phone: 212-374-9008

    Rich Heller:

    RichInRelationship.com

    Rich@RichInRelationship.com


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