July 2023

Divorce Financial Planning

A Monthly Newsletter For Attorneys

Dear Colleagues;

As we hit mid-summer in Michigan, the beautiful weather draws all of us outdoors. Personally, I’ve always found this time of year to be the right time to plan ahead for the busy fall season-while sitting outside in the sun!

We're excited to co-host a networking event for Oakland and Wayne County divorce professionals (lawyers, realtors, mortgage specialists, financial advisors, etc…) on September 20, 2023 at First Merchants’ Bank in Birmingham. There’s no cost to attend but we’ll be accepting donations for Lace Up Detroit, a non-profit that provides brand new shoes for underserved women and children in our community. Join us for cocktails, beautiful charcuterie, some exciting raffle items and of course, good conversation! CLICK HERE TO REGISTER NOW

Our second season of Wealthy After Divorce has been gaining traction. My co-host, Melissa Fradenburg and I are looking forward to posting content on the topics you want to hear more about. A few special episodes airing soon get into the nitty gritty of the most common post-divorce issues Melissa and I are helping clients with today. Stay tuned for new episodes every other Thursday. Our goal is to boost knowledge on topics that may not come up in regular attorney/client meetings but are on your clients’ minds. We’d be so grateful if you shared our episodes with anyone who may benefit. 

Warmly,

Jacqueline Roessler, CDFA®

jacki@pearlplan.com

Don’t miss our recent Podcast Episodes on these important topics! 

Breaking Free from Financial Abuse

with Stacy Francis

Have you ever felt powerless in your financial life, or worried that someone close to you may be taking advantage of your money? We're here to help you recognize and overcome financial abuse. In this episode, Jacki Roessler, CDFA talks with Stacy Francis, CFP, CDFA, CES, president and CEO of Francis Financial and founder of Savvy Ladies, who shares her personal experience growing up with a grandmother who suffered from physical, emotional, and financial abuse. Together, we discuss the red flags of financial abuse, what steps to take if you suspect you're a victim, and how to reclaim your financial power. 

Health Insurance After Divorce

with Michael Turkaly

Navigating insurance after a divorce can be a complex and confusing process, but our guest, Mike Turkaly from Advanced Insurance, is here to guide us through it all. In this insightful conversation, we uncover the key differences between COBRA and individual policies, discuss the timing of when to elect COBRA coverage, and learn how premiums are usually handled. Mike further breaks down the basics of Medicare Part A and B, explaining the requirements for Medicare Advantage or Medicare Supplement plans.

Check out our Sister Podcast, 52 Pearls for Pearl Planning's Weekly Money Wisdom Tips

Investment advisory services offered by Pearl Planning, a DBA of Stephens Consulting LLC., an SEC registered investment adviser. Please remember that past performance may not be indicative of future results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation.

Links are being provided for information purposes only. Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.

Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Pearl Planning, or any non-investment related content, made reference to directly or indirectly in this presentation will be profitable, equal any corresponding indicated historical performance level(s}, be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or a substitute for, personalized investment advice from Pearl Planning. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing.

If you are a Pearl Planning client, please remember to contact Pearl Planning, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, odd, or to modify any reasonable restrictions to our investment advisory services. Pearl Planning shall continue to rely on the accuracy of information that you have provided.

Please Note: IF you are a Pearl Planning client, please advise us if you have not been receiving account statements (at Least quarterly} from the account custodian. A copy of Pearl Planning's current written disclosure Brochure discussing our advisory services and fees is available upon request or at www.pearlplan.com.