What Financial Issues Should You Consider When Going Through a Divorce | Sabreena Barboza - E30
Michael and Brady sit down with powerhouse family law attorney Sabreena Barboza to uncover the often-overlooked financial consequences of separation. From understanding the difference between marital and separate property to navigating business valuations, debt division, child support, and alimony, this conversation is a must-listen for anyone facing or considering divorce. Whether you're a high-earning professional, a business owner, or simply want to protect your financial future, Sabreena delivers the legal clarity and practical steps you need to prepare, plan, and move forward with confidence.
Key Timestamps:
(00:00) - Debt, secrecy, and financial infidelity
(04:00) - Communication and joint money management
(05:00) - Sentiment around debt and marriage
(08:00) - Types of divorce clients and complexity by age
(11:00) - Marital vs. separate property explained
(15:00) - Homemaker vs. working spouse considerations
(16:00) - Qualified Domestic Relations Orders (QDROs)
(20:00) - Divorce impact on business partners
(24:00) - Alimony, cash flow, and income disparities
(27:00) - Equalization of income in long-term marriages
(32:00) - Child support calculators and tax implications
(39:00) - Cost, time, and emotional toll of divorce
(43:00) - When the court rejects unfair agreements
(46:00) - Prenuptial and postnuptial agreements
Key Topics Discussed:
Financial Fortitude, Genesis Wealth Planning, Brady Hemmerle, Michael Acosta, Financial Wellness, Wealth Building, Financial Psychology, Financial Advisor, Finance Coach, Student Loan Debt, Finance Guidance for High Earners, Business Owner Finances, Hiring a Financial Advisor, Student Loan Forgiveness, Tax Strategies, Retirement Planning, Investing Strategies, Financial Guidance for High Earners, Smart Money Moves for High-Income Professionals, Tax, Wealth & Investment Strategies for Top Earners, Financial Planning for Doctors, Lawyers & Execs, Wealth Management Tips for High-Income Earners, Expert Advice on Taxes, Investing & Growing Wealth, High Earner Money Talk, Financial Wisdom for 6-Figure+ Entrepreneurs, Smart Strategies for Managing High Income
Money, Taxes & Freedom for High-Earning Professionals, The Dave Ramsey Show, BiggerPockets Podcast, The Motley Fool Money Show, We Study Billionaires, ChooseFI, Afford Anything, Divorce financial planning, Business valuation in divorce, Marital vs separate property, Alimony and child support laws, Debt division in divorce
Mentions:
Sabreena’s Website: https://www.sbarbozalaw.com/
Sabreena’s LinkedIn: https://www.linkedin.com/in/sabreena-barboza-815959168
Website: https://www.genesiswealthplanning.com/
Michael’s LinkedIn: https://www.linkedin.com/in/michaelracosta/
Brady’s LinkedIn: https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/
Financial Health Checkup: https://www.livingbalancesheet.com/lbsVision/lite/michaelracosta
Article: https://www.cnbc.com/select/national-debt-relief-survey-debt-reason-for-divorce/
This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Genesis Wealth Planning and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value.
Michael Acosta is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Genesis Wealth Planning is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License # 0M50974. 7237198.17. Expiration 9-27.
