Guest: Sara Faitelson, Certified Divorce Financial Analyst
This week on the Her Empowered Divorce podcast, Beverly Price interviews Sara Faitelson, CEO and founder of Stiletto Financial, about her role as a Certified Divorce Financial Analyst or CDFA. This is a critical role on any divorce teams to assemble financial information so you know where you stand. A CDFA can support an attorney by assembling financial information to same them time which in turn can save you money.
The conversation touches on: The role of the Certified Divorce Financial Analyst, what they add to the divorce process, and how a woman can learn how to make independent financial decisions.
Key Questions the Interview Covered:
1. What does a CDFA do? (Certified Divorce Financial Analyst)
2. Why is it important to create a budget during the proceedings and create a new budget after the process is over?
3. Why is it important to update your beneficiaries right after the process is over?
4. What are other steps one should take after the process is over?
Actionable takeaways include
1. Hire a divorce and empowerment coach first and a financial professional second, hire both before hiring an attorney
2. Know what you are fighting for when you are divorcing: the numbers should add up
3. Update your beneficiaries - follow through on completing QRDO and dividing assets
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About this week's special guest, Sara Faitelson:
Sara is a Financial Educator and Retirement Income Specialist. Sara founded Stiletto Financial to provide women with the education and guidance they need to make independent financial decisions. She works closely with clients who are separated, divorced, widowed and are looking for advice to make independent financial decisions.
Sara's ultimate goal is to serve as a resource for women to explore and incorporate the components of a comprehensive financial strategy to help ensure their value, security and future are well protected.
Sara’s website – www.stilettofinancial.com
Sara's Social Media Link
LinkedIn: https://www.linkedin.com/in/saraadvisor/
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About Beverly Price, Her Empowered Divorce Podcast Host
Beverly Price, MBA, certified Divorce and Empowerment coach , and podcast host, combines divorce and empowerment coaching to provide education, support, and insight to guide women along the entire divorce process, and to conquer its emotional, technical, financial and logistical challenges. She serves women in three groups 1) those contemplating divorce and wanting clarity in their decision process, 2) those in the complex and confusing legal and financial process, and 3) those who are divorced and unhappy, but want a happier, more fulfilling life.
Beverly’s website – www.herempowereddivorce.com
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Other episodes of the Her Empowered Divorce podcast and the Divorce Expert Series, information about Beverly’s coaching, blogs and more can be found at https://www.herempowereddivorce.com