Master Your Financial Destiny: Empower Yourself After Divorce, Finacial Control, or Partner Death with Rachel Burns episode artwork

EPISODE · May 6, 2024 · 58 MIN

Master Your Financial Destiny: Empower Yourself After Divorce, Finacial Control, or Partner Death with Rachel Burns

from Life On Purpose Over 40 Podcast · host Caroline Balinska

Welcome! I had the pleasure of sitting down with financial expert and advocate for women’s financial independence, Rachel Burns. Having witnessed friends navigate life’s curveballs, like divorce or death, with financial dependence, it struck me just how critical financial security is. Rachel shares valuable insights on the importance of planning ahead, especially when dependents are involved, and the challenges one might face in the process.Our conversation led us through the complexities of estate planning and the critical need to have it especially when you have dependents. We’ve shared a roadmap for those on this journey, with advice on where to find crucial financial information, even when you don’t have direct access to accounts. We’ve shed light on the intricacies of finding financial documents and getting help with the process, underlining the importance of emergency funds for unforeseen events.We also broached the sensitive topic of financial expectations in relationships, particularly between parents and children. It’s not uncommon for people to anticipate their parents covering significant costs, like weddings. These scenarios often trigger challenging conversations. Moreover, we’ve stressed the significance of getting assistance from estate planning attorneys and being cautious with financial advisors. Wrapping up our enlightening discussion, Rachel shared her top three life tips for women over 40 and highlighted the essence of platforms like True Worth Financial in offering valuable advice on financial security. Tune in for the full scoop!About Rachael CFP®, CDFA®Rachael is the founder of True Worth Financial Planning, a fee-only Registered Investment Advisor focused on helping newly single womenachieve financial independence after divorce or the death of a spouse. Through her own experiences with trauma and money, she felt acalling to support and empower other women going through life’s most challenging transitions. Rachael is a recognized expert in personalfinance for women, and her commentary has been featured in publications including CNN Business, Real Simple, and Policygenius. When she’s not perfecting financial plans, you can find her exploring local wine country, testing Pinterest recipes, or chasing after her twin toddler boys.Download the freebie here: https://www.subscribepage.com/5thingsnewlysinglewomenhttps://trueworthfp.com/Instagram: https://www.instagram.com/trueworthfp/Facebook: https://www.facebook.com/trueworthfinancialplanningLinkedIn: https://www.linkedin.com/in/rachaelvburns/www.lifeonpurposeover40.com

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Master Your Financial Destiny: Empower Yourself After Divorce, Finacial Control, or Partner Death with Rachel Burns

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