Helping Affluent Women Navigate the Complexities of Divorce with Olivia Summerhill

Sep 26, 2022

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Olivia Summerhill is a consultant for ultra-high-net-worth women who need an expert to help them navigate the financial complexities of divorce.

In this episode, Olivia encourages couples to have a frank and open conversation about money and finances before getting married or in a new relationship. She believes that it is important for everyone to understand their relationship with money in order to make sound financial decisions. In addition, Olivia offers advice on how to keep financial problems from becoming marital conflicts

Highlights:

[00:07 - 08:18] Tips for women preparing for a divorce

The taboo topic of money and divorce is still a barrier to discussing these topics.
The importance of having a conversation about money before getting married.
Money is a complex topic and it's important to understand yourself and your relationship around it.

[08:18 - 16:08] A Financial Advisor's Suggested Steps for Individuals in the Midst of a Divorce

Talking about finances and emotions with one another is the best way to avoid problems down the road.
Communicating clearly with families is key

[16:08 - 24:08] How to Handle Divorce Proceedings

Bringing in the right people - Trust officers, CPAs, attorneys

[24:09 - 32:02] Money Issues & Divorce

One way to prevent money problems from arising is to have regular conversations about finances.
Prenups and postnuptial agreements can help couples make sure their wishes about money are clear.

[32:02 - 36:49] Closing Segment

Visit www.summerhillfirm.com for more information

Quotes:

“I'm always an advocate for preventative work in my personal life and in business, so anytime you can have conversations before something is actually truly needed is the best.” - Olivia Summerhill

Connect with Olivia Summerhill!

Linkedin: https://www.linkedin.com/in/oliviasummerhill

Site: https://www.summerhillfirm.com

Podcast: https://open.spotify.com/show/4mAzSJfabFlWUOWhoaYrvZ

Connect with me on LinkedIn!

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