Francis Financial Started With a Question - How Can We Better Understand and Support Divorcing Women Through Financial Advice?
The goal was to identify and examine the challenges that women face during this difficult transition. The resulting work was one of the first studies focused solely on women who have divorced or are in the process of divorcing.
The final product is our resource guide, Unveiling the Unspoken Truth ® – The Financial Challenges Women Face During and After Divorce, which sheds light on the emotional, legal, and financial difficulties women experience during and after divorce.
This divorce resource guide for women is intended to educate industry professionals such as matrimonial attorneys, divorce financial planners, divorce coaches and other divorce professionals on how to best work with clients going through this process.
Download Your Free Guide to Divorce Here
Divorced Women and Investing
Survey after survey shows that women lack confidence when it comes to investing and planning for retirement. A more conservative approach to investing means less risk-taking but less reward. Women who educate themselves about financial advice for divorced women and smart investing strategies are more likely to be in a better financial position during their retirement years. Francis Financial examines why.
Divorce Processes, Outcomes, and Cost
One of the greatest misunderstandings about divorce is the belief that all will be over soon and that the two parties can get on with their lives quickly, but for nearly half of the study participants the divorce process took over two years. Francis Financial lists some of the most frequent mistakes women make during the divorce process and how they can be better prepared for the process and cost (including a Preparing for Divorce financial document checklist).
Support Through the Divorce Process
Aside from the support of their family and friends, participants worked with or wanted to work with a collaborative team of divorce professionals. Along with matrimonial attorneys, women expressed a desire for support from divorce financial planners, divorce support groups, divorce coaches and other experts who could assist during this difficult transition. Our experts explore what women look for when pulling together a team of professional support.
Download our Divorce Resource Guide: Unveiling the Unspoken Truth ® – The Financial Challenges Women Face During and After Divorce
As a wealth management and divorce financial planning firm, we help women going through transitions - such as divorce or the loss of a spouse - plan their financial future, grow their investment portfolio, and protect their nest egg through these turbulent life changes. You can download our divorce financial advice for women, Unveiling the Unspoken Truth ® – The Financial Challenges Women Face During and After Divorce for free via the link below.
Would you or an organization you know benefit from learning more about our research and having Stacy Francis present on this topic? If so please contact: Sunaina@francisfinancial.com.