Common Myths Around Financial Aspects of Divorce

Pay Attention to Lifestyle and Income and Expenses When Walking Through Divorce Finances

 

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Pay Attention to Lifestyle and Income and Expenses When Walking Through Divorce Finances

In this episode, we'll discuss Myth One, which has been widely debated online, including on platforms like TikTok and Instagram. The myth in question is that an attorney is the best person to file the financial affidavit. Rosalia, could you start us off by explaining this myth, and what exactly a financial affidavit is?

Common Myths Around Financial Aspects of Divorce #2 - "I Don't Need a Business Valuation"

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🎙️Full episode here

Common Myths Around Financial Aspects of Divorce #2 - "I Don't Need a Business Valuation"

In this episode, we'll discuss Myth Two, which we hear is, "I don't need a business valuation." A key takeaway from our discussion is debunking the myth that business valuations are unnecessary if the financial figures appear straightforward from tax returns. Rosalia emphasizes that underestimating the complexity of a business's worth can lead to significant financial discrepancies in divorce settlements.

Common Myths Around Financial Aspects of Divorce #3 - A Business Valuation Will Cost 5-Figures

💻Check out our online divorce training here

🎙️Full episode here

Common Myths Around Financial Aspects of Divorce #3 - A Business Valuation Will Cost 5-Figures

In this episode, we'll discuss Myth Three that business valuations do not always cost five figures; the price varies based on the depth of analysis required and the complexity of the business. Simple reviews could cost less, especially in mediation contexts where full detailed reports might not be necessary.

Hi, welcome to MediatorPodcast.com, a podcast and video series about mediation, negotiation and collaboration. My name is Melissa Gragg, and I'm valuation expert and divorce financial mediator in St. Louis, Missouri. I specialize in family law and partner disputes.

Melissa Gragg, CVA, MAFF
Expert testimony for financial and valuation issues
Bridge Valuation Partners, LLC
melissa@bridgevaluation.com
Bridge Valuation
Valuation Podcast
https://www.valuationmediation.com

Rosalia Labate
Email Rosalia 
Rosalia’s Website

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Negotiation Beyond the Zeros: High Net Worth Divorce Strategy