Divorce for Wealthy Women Olivia Summerhill, CFP, CDFA

Introduction:
Divorce is a multifaceted challenge that touches every corner of life, from emotional wounds to financial strains. However, the journey through divorce can be eased with the right support, particularly from a knowledgeable financial planner. In this episode, Kaki Perdue, a CPA and certified financial planner, joins us to shed light on the crucial role of financial planners in guiding divorced individuals through the maze of financial complexities.



Main Discussion Points:


Understanding the Role of a Certified Financial Planner (CFP):


Kaki highlights the legal commitment of CFPs to act as fiduciaries, prioritizing the client's interests above their own.
She dives into the importance of this fiduciary duty in providing trustworthy guidance during divorce proceedings.


Navigating Emotional Burdens and Debts:


Kaki advises on the significance of managing emotional burdens alongside financial debts.
By setting emotions aside, individuals can effectively engage in productive discussions on resolving debts.


Strategies for Debt Resolution:


Adopting an open-minded approach to exploring various debt resolution strategies is crucial.
Kaki emphasizes the importance of understanding the pros and cons of different solutions before making decisions.


Post-Divorce Financial Review:


Kaki stresses the need for a comprehensive review and update of beneficiaries on investment accounts and life insurance post-divorce.
This ensures financial assets align with current wishes and avoid unintended beneficiaries, such as ex-spouses.


Trusting Instincts and Understanding Financial Decisions:


Kaki encourages listeners to trust their instincts and gain a thorough understanding of financial decisions, empowering them to make informed choices.



About Kaki Perdue:
Kaki Perdue is a seasoned CPA and certified financial planner with a wealth of experience in public accounting and tech industry finance. In 2023, she founded Look Both Ways Financial, driven by a commitment to providing judgment-free financial guidance to clients. Kaki's "Less is More" philosophy extends beyond financial planning to enriching lives. Outside work, she finds joy in outdoor pursuits like hiking, skiing, gardening, and camping.

Connect with Kaki:


Website: www.lookbothwaysfinancial.com
LinkedIn: www.linkedin.com/in/kakip



About the Podcast:
Hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, this podcast invites esteemed divorce professionals to share invaluable guidance for affluent women navigating divorce. With a focus on maintaining lifestyle and financial stability during and after divorce, Olivia discreetly assists high-net-worth women with their financial queries.



Connect with Olivia:


Website: www.summerhillfirm.com
LinkedIn: www.linkedin.com/in/oliviasummerhill



Conclusion:
In this episode, Kaki Perdue provides essential insights into managing the financial aspects of divorce, emphasizing the role of emotional well-being alongside debt management. By adopting a proactive approach and seeking guidance from trusted financial advisors like Kaki, affluent women can navigate divorce with confidence and secure their financial futures. Tune in to learn how to alleviate financial burdens and embrace a brighter post-divorce journey.

Divorce, especially when children are involved, can be complex and emotionally challenging. Resolving negative relationship patterns is crucial for a positive separation experience. In this episode, licensed professional counselor Kelley Hopkins-Alvarez, LPC,CST,MS,MSEd,NCC, sheds light on navigating these complexities and fostering collaboration during divorce.

Key Insights:

Understanding Negative Relationship Cycles: Kelley discusses how unresolved negative relationship cycles impact collaborative divorce, emphasizing trust, communication, and resentment as critical factors.
Navigating Mediation and Collaborative Divorce: Techniques for finding common ground and workarounds during mediation are explored, highlighting the importance of focusing on smaller agenda items for effective collaboration.
Role of Therapists and Divorce Financial Consultants: Kelley stresses the significance of therapists and divorce financial consultants in addressing emotional and financial aspects, guiding couples through the process with a focus on children's developmental needs.
Handling Money-Related Conflicts: Caucusing and separate discussions are suggested to allow individuals to express themselves openly while delicately addressing mental health concerns throughout the divorce process.
Returning to Collaboration: This section emphasizes the importance of returning to the collaborative process with an open mind, the necessity for compromise, and teamwork, especially for parents shaping the family's future.

Topics Discussed:

Negative relationship cycles' impact on collaborative divorce
Finding common ground during mediation
Role of therapists and divorce financial consultants
Communication strategies for couples
Empowering couples to develop new relationships
Addressing emotional challenges and supporting children
Long-term impacts and family leadership

About Kelley Hopkins-Alvarez, LPC,CST,MS,MSEd,NCC:
Kelley is a Licensed Professional Counselor specializing in Co-Parenting, Discernment Counseling, Divorce Support, and Couples and Sex Therapy. She focuses on empowering clients and prioritizing their emotional well-being. She actively works collaboratively to ensure a non-adversarial approach, particularly concerning children's needs.
Connect with Kelley:

Website: www.kelleyhopkinsalvarez.com
LinkedIn: www.linkedin.com/in/kelleyhopkinsalvarez
Twitter: @KelleyHAlvarez

About the Podcast:
Hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, the podcast aims to provide affluent women with guidance during divorce. Featuring insights from divorce professionals, it offers tips on maintaining a lifestyle during and after the divorce.
Connect with Olivia:

Website: www.summerhillfirm.com
LinkedIn: www.linkedin.com/in/oliviasummerhill

Tune in to discover how handling money-related conflicts, fostering collaboration, and addressing emotional challenges can help wealthy women navigate a more informed and supportive divorce process.

In this episode, we dive into the resonating themes of empowerment, resilience, and the power of voice, drawing parallels between historical injustices and contemporary challenges faced by women, particularly in the context of divorce.



Join us as we explore insights from Kate Moore, a New York Times best-selling author, as she discusses her book "The Woman They Could Not Silence" and its relevance to the experiences of divorced women today!



Episode Overview:


The Story Behind "The Woman They Could Not Silence": Kate Moore shares the captivating narrative of Elizabeth, a courageous woman from the 1860s who defied societal norms and stood up against injustice, even in the face of being labeled as "crazy" and silenced. We explore how Elizabeth's story echoes the struggles of women silenced in various contexts, including divorce.
Resonance with Divorced Women: Drawing parallels between historical oppression and contemporary challenges, we examine how the narrative of Elizabeth resonates with the experiences of divorced women, especially concerning unfair societal judgments and the use of derogatory labels to discredit their voices.
Breaking Free from Societal Expectations: Kate emphasizes the importance of breaking free from societal expectations and reclaiming one's voice and agency, particularly during and after divorce. We discuss strategies for overcoming stigma and finding empowerment in self-expression.
Building Support Networks: Recognizing the significance of support systems, especially during challenging life transitions like divorce, Kate offers practical advice on building strong support networks and finding solidarity with like-minded individuals.
Personal Transformations and Self-Discovery: Viewing divorce as an opportunity for personal growth and self-discovery, Kate encourages listeners to embrace the journey of transformation and see divorce not merely as a loss but as a chance for new beginnings and authentic self-expression.

About Kate Moore:

Kate Moore, a New York Times best-selling author, is known for her captivating storytelling and her dedication to giving voice to the silenced. With a background in publishing and a passion for uncovering untold stories, Kate's work sheds light on forgotten histories and empowers readers to engage with the lives of extraordinary individuals. Her latest book, "The Woman They Could Not Silence," exemplifies her commitment to amplifying marginalized voices and inspiring change.

Connect with Kate:


Website: www.kate-moore.com
LinkedIn: www.linkedin.com/in/kate-Moore
Facebook: www.facebook.com/Kate-Moore
Twitter: @katebooks

About The Podcast:

Hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, this podcast provides valuable insights and guidance for affluent women navigating divorce. Through candid conversations with industry experts and thought leaders like Kate Moore, the podcast aims to empower women with the knowledge and resources needed to navigate divorce while maintaining financial stability and personal well-being.

Connect with the Podcast:


Website: www.summerhillfirm.com
LinkedIn: www.linkedin.com/in/oliviasummerhill



Please tune in to our podcast and discover the strength in your voice as we explore the transformative journey of resilience and empowerment in divorce.

Join us in this insightful episode as Casey McGuire Davidson, a renowned Life and Sobriety Coach and host of the famous podcast called The Hello Someday Podcast, delves into the often-overlooked connection between women navigating divorce and their relationship with alcohol.



Casey sheds light on the societal influences, such as the pervasive "wine mom culture," that contribute to the normalization of alcohol consumption during challenging times. She and I also discuss the effervescent world of champagne, the comforting allure of wine, and their role in the complex divorce journey.



Key Discussion Points:


The Norm of Alcohol in Society:



Casey explores the role of alcohol in the community and how its consumption has become normalized.
Discusses the potential adverse effects of viewing alcohol as a societal norm.



Wine as a Coping Mechanism:



Unpacks the common trend of women turning to alcohol as a coping mechanism during challenging life transitions.
Highlights the impact of societal marketing and the "wine mom culture" on women's drinking habits.



Effects of Alcohol on Women:



Explores how alcohol can act as a suppressant for emotions and frustrations in women.
Emphasizes the need for open communication about drinking habits and the importance of reflection and self-discovery.



Creating Alternatives to Alcohol Consumption:



Casey provides valuable insights into alternatives to alcohol consumption, including improving appearance, better sleep, and engaging in diverting activities.
Encourages a respectful understanding of diverse approaches to managing personal situations.



Supportive Community During Change:



Discusses the significance of a supportive community for individuals exploring their relationship with alcohol.
Advocates for open dialogue and destigmatizing the discussion around alcohol use.



Addressing Alcohol Drinking Habits:



Casey encourages addressing alcohol drinking habits without labeling individuals as "alcoholics."
Proposes therapy and coaching as alternative approaches to excessive alcohol consumption.




Connect with Casey:


Website: www.hellosomedaycoaching.com
LinkedIn: www.linkedin.com/in/caseydavidson
Instagram: @caseymdavidson
TikTok: www.tiktok.com/@hellosomedaysober
YouTube: The Sober Channel



***Non-Alcoholic Delivery:  ⁠ ⁠Non-Alcoholic Drinks Shop Locations in NYC, SF & LA | Boisson



About The Podcast:

Hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, this podcast invites sought-after divorce professionals to share tips that affluent women can use to maintain their lifestyle during and post-divorce.



Connect with Olivia:


Website: www.summerhillfirm.com
LinkedIn: www.linkedin.com/in/oliviasummerhill



Tune in for an empowering conversation that challenges stigmas, offers alternatives, and fosters a supportive community for women navigating divorce and their relationship with alcohol.

In today's episode, we delve into the often-overlooked aspects of divorce with Karen McNenny, an expert in relationships and human behavior who brings over two decades of experience as a divorce coach. Karen sheds light on the path to a positive and constructive divorce, urging a shift in mindset towards rebuilding relationships rather than tearing them apart.



Key Takeaways:


Embracing a Positive Mindset: Karen emphasizes the importance of adopting a positive mindset when approaching divorce. Rather than focusing on animosity, she encourages couples to rebuild relationships, especially when children, common friends, and business partnerships are involved.
Effective Communication: Our guest underscores the significance of effective communication during divorce, mainly when children are in the picture. Karen shares insights on managing joint business ventures and recognizing blind spots that often go unnoticed.
Navigating Emotional Difficulties: Acknowledging the emotional challenges of divorce, Karen discusses the importance of addressing these difficulties head-on. She shares strategies for managing the emotional aspects and stresses the need for a clear plan and communication strategy.
Role of a Mediator and Coach: Karen advocates for seeking blind spots during the divorce process and highlights the value of having a coach to reduce the risk of adverse outcomes. A collaborative approach is explored as an alternative, fostering proper handling and fewer complications.



Topics Discussed:


Kimberly's Divorce Story: An insightful real-life example of navigating divorce challenges.
Importance of Effective Communication: Strategies for maintaining open and constructive communication.
Examining Blind Spots: How identifying blind spots can prevent adverse outcomes in the long run.
Acknowledging Emotional Difficulties: Strategies for managing and addressing emotional challenges during divorce.
Crucial Role of Mediators and Coaches: Understanding the importance of professional guidance in the divorce process.
Exploring the Collaborative Approach: An alternative method to align contracts and minimize complications.



About Karen McNenny:

Karen's journey from actress and dancer to a certified Drama and Movement Therapist has uniquely positioned her as a divorce coach. Her extensive background includes corporate experience, where she focused on workplace culture, employee engagement, and leadership excellence. Since 2007, Karen has dedicated herself to supporting individuals and groups in their journey toward improvement and fostering better connections in personal and professional life.

Connect with Karen:


Website: www.karenmcnenny.com
Instagram: @gooddivorcecoach
Twitter: @McNennyKaren
Facebook: www.facebook.com/KarenLMcNenny

About The Podcast:

Divorce For Wealthy Women invites highly sought-after divorce professionals to share insights and guidance. Our goal is to equip affluent women with tips to maintain their lifestyle during and post-divorce.

Connect with Olivia:


Website: www.summerhillfirm.com
LinkedIn: Olivia Summerhill

Thank you for joining us on this empowering journey. Remember, you're not alone; there's support every step of the way. Stay tuned for more episodes filled with expert advice and valuable insights.

Introduction

Gaining control of your finances after a divorce can be overwhelming, but you're not alone. In this episode, Mikelann Valterra, a renowned money coach, writer, and speaker, guides us through the intricate journey of post-divorce financial empowerment. Discover the concept of "Money Fog" and practical tips from her latest book, "Rise Above the Money Fog."

Mikelann is a seasoned money coach, writer, speaker, and leader in personal finance. With over 20 years of private practice, she helps individuals manage cash flow effortlessly, addressing their unique financial psychology. Her mission is to alleviate financial stress, reduce debt, and clarify the future.


Connect with Mikelann:



Website


LinkedIn


Facebook




About Mikelann Valterra


Mikelann's background, expertise, and passion for transforming individuals' relationships with money.



About "Rise Above the Money Fog"


Insight into Mikelann's latest book, addressing the challenges of financial anxiety post-divorce.


Understanding the concept of Money Fog and its impact on financial lives during significant life transitions like divorce.



Importance of Simplifying Finances


Mikelann emphasizes elegant financial simplicity, including consolidating accounts to reduce overwhelm.


The significance of personalized spending plans for gaining control over finances and building a powerful post-divorce life.



Three Main Money Personalities


Explore the different money personalities and how they influence financial decisions.



Mikelann's Personal Divorce Story


A candid discussion about Mikelann's own experience with divorce and how she applied money coaching principles.



Host: Olivia Summerhill


Certified Financial Planner, Divorce Specialist, and Money Coach discreetly assisting high-net-worth women in divorce with their financial questions.


Connect with Olivia:



Website


LinkedIn




Tune in for a powerful journey to financial empowerment and post-divorce resilience. Don't miss Mikelann's valuable insights and practical tips from "Rise Above the Money Fog," and subscribe to empower yourself with the knowledge to maintain your lifestyle during and after divorce!