Life, love and the law
Life, love and the law is the podcast brought to you by Stowe Family Law. After almost 70 episodes of Stowe talks, our podcast helping you through relationship breakdown, Life, love and the law is a new direction.
This podcast series will bring you heartfelt and insightful conversations with experts in and around the family law field, including divorce coaches, domestic abuse consultants, financial advisers, mortgage brokers and much more.
Our host, Liza Gatrell, family lawyer at Stowe Family Law will welcome guests to open up the conversation around all things relationship breakdown. She'll be inviting our guests to share real stories that will help you feel less alone as you navigate some of life's toughest times.
Getting the right advice is essential to minimising the stress and strain of divorce and family breakdown, so we'll still give the same great legal guidance and practical information on family processes that you expect from us.
Life, love and the law, the podcast will help you move through each stage of your journey knowing you've got someone in your corner, whatever your circumstances.
Life, love and the law
Episode 61: Managing your money during divorce
There is a great deal of misunderstanding, and taboo around finances, but it is a topic that will impact everyone going through a divorce. Going from one household to two, and splitting finances at the point of divorce can be tricky and stressful.
In this episode, Liz Grimshaw, financial planner and co-founder of Revival Financial Planning, talks about how to manage your money during the divorce process, what happens to your money when you divorce and understanding the importance of long-term planning, and educating yourself about money.
01:42 Why it’s important for people to manage their money during divorce
02:49 The main financial worries people have at the beginning of divorce
06:00 Changing how you feel about money and how you use it
07:34 Pension sharing vs the family home
09:05 When’s the best time to approach a financial adviser?
10:47 Working with financial advisers and lawyers together
13:33 Understanding return on investment for advice
16:16 Starting again after divorce
17:25 The impact of money being a taboo topic
19:05 Managing money at the start of the process
23:06 Top tips for managing money during divorce
Pensions and divorce https://youtu.be/2eubp2dUCrE?si=C8WBfszloCHq8aTY
Ask a family lawyer https://open.spotify.com/episode/4Ql7uKEFMNpE8upJTWCrop?si=43e1aef212384728
Guide to reviewing your financial disclosure https://www.stowefamilylaw.co.uk/premium-content/?type=guide&item=how-to-reviewing-your-financial-disclosure
How to be financially prepared for divorce https://www.stowefamilylaw.co.uk/stowe-support/top-tips-on-how-to-be-financially-prepared-for-divorce/
If you need support with the issues raised in this podcast, or would like to speak to a family lawyer, contact Stowe at: https://bit.ly/35WPSj2
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This podcast is brought to you by the Stowe talks team at Stowe Family Law - https://www.stowefamilylaw.co.uk/