When divorce enters the picture, business owners often face a terrifying question: Am I going to lose everything I’ve built? When you’re going through divorce, emotions run high and those emotions can cloud your judgment in ways that cost you time, money, and credibility. In this second part of my series for business owners, I’m sharing the biggest mistakes I see my clients make when divorce enters the picture. From relying too heavily on attorneys to letting your attachment to the business drive your decisions, I’ll walk you through the traps that can derail your settlement and show you how to avoid them.
Some key takeaways from this episode include:
Your attorney isn’t your financial strategist. Lawyers understand the law, but they don’t understand business finances the way a CDFA does.
Messy books can delay your case, cost you more, and lead to the wrong assumptions about your income and business value.
Emotional arguments rarely work in court. Judges look at numbers, not feelings, which is why clear financial strategy is non-negotiable.
Marriage is about love, but divorce is about money. The Divorce & Money Podcast, hosted by Gabriella E. Martinelli, CDFA®, CDS®, is all about how to navigate your separation and divorce so you can set yourself up for a strong financial future. Gabriella is the Founder at Ever After Wealth®, a divorce financial strategy firm.
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