Empowering Divorcees: 3 Financial Success Stories

Financially, divorce can be particularly challenging for women. Obstacles like career interruptions, asset distribution, and increased expenses can make divorce proceedings feel overwhelming.

At Infiniti Wealth Management, we’re dedicated to supporting women empathetically during life-changing events like divorce. Although we’re experienced, knowledgeable wealth managers, we do recognize how important it is to honor the unique perspectives of women and the obstacles they face.

Let’s take a look at the individual cases of three divorced female clients who benefited from our financial services designed to help women in transition.

Case Study #1: Alicia

In this first case study, a woman named Alicia¹ was referred to us by her attorney. It was near the end of her divorce process, and Alicia needed clarification about her settlement offer.

Because she hadn’t been involved in family finances for many years and didn’t fully comprehend the terms of the settlement, Alicia requested our help to patiently explain what was happening.

Alicia’s Result

After reviewing the settlement, we explained to Alicia that it was an extremely generous offer and included more money than she would ever need. We suggested that she accept the offer immediately.

We also told her that because she was going to be receiving assets with a low cost basis that could result in large gains, there could be significant tax implications. We assured her that the tax implications should not dissuade her from accepting the offer and that we would work through the tax implications with her.

Ultimately, Alicia became a client of ours. We’ve been working with her to transfer some of her assets to her loved ones now so she can experience the outcome of her generosity.

Case Study #2: Donna

During the divorce process, Donna² came to us wanting to make sure the divorce settlement offer she received would be enough money to last throughout her lifetime.

We analyzed the settlement amount and then walked Donna through the process of receiving the money, strategizing her estate finances, planning her real estate holding amounts, and living off the money she would receive.

Donna’s spending habits were a delicate subject. Her penchant for spending money freely did not align with her desire for the divorce settlement funds to sustain her for the remainder of her life.

We had numerous sensitive conversations with Donna, showing her calculations illustrating that if she continued spending money at her current rate, she’d be in serious danger of running out of money before the end of her life.

Donna’s Results

The results of our collaboration with Donna have been positive. We’ve worked with her for several years to strategize a sustainable funds withdrawal rate. For example, we suggested that she sell her large home and downsize to something smaller.

We never tell Donna outright what she can and cannot do, but we do frequently suggest financial parameters to help make her money last.

Case Study #3: Lori

Initially, we were connected to Lori³ by a matrimonial attorney to analyze Lori’s settlement options. We ended up working with her throughout her entire divorce process.

Lori was intimidated by finances because she had never previously managed them. Our first priority in working with her was to confirm she would come away from the divorce process with the assets she needed. We guided her through every step, including selling her home, buying a new home, claiming pension and Social Security benefits, and establishing her Medicare account.

Lori’s Results

After Lori’s divorce was finalized, she decided to continue working with us. We now continue to help her plan her finances and manage her investments. We ended up working with Lori’s matrimonial and estate planning attorneys to establish a trust account so our firm could manage her assets inside the trust.

Lori is now fully retired. I’m happy to report that I recently spoke with her, and the financial stress caused by her divorce is completely gone! We’re thrilled for Lori and appreciate how she refers friends to our firm.

Reach Out for Help

If you’re in a situation similar to any of the three clients described above, Infiniti Wealth Management is here to help. As specialists in financial planning for divorcees, we work hard so our female clients get what they need.

Whether you need help at the beginning of your divorce process or you need a professional assessment of your settlement offer, we break down complicated divorce processes into manageable steps.

To get in touch, you can call our office at 845-278-8638 or send us a message to set up a complimentary consultation.