Listen "Do you know where your money is?"
Episode Synopsis
Unraveling co-mingled finances in a separation starts by knowing where your money is. For many of us, answering that question can be much harder than it may seem. This week on Toaster, Seth Nelson and Pete Wright dive into the murky waters of divorce and your money.What do you do if you don’t know where your money is? How do you handle co-mingled finances? How can you make yourself more aware of your own financial situation? What if your spouse is hiding money — or debt — in your marriage? Seth takes on each of these and more and helps you navigate the conversation you’ll have with your attorney as you determine your standard of living after your divorce.Links & NotesMintYou Need a Budget(00:00) - Welcome to How to Split a Toaster(00:08) - Knowing Where Your Money Is(04:41) - Handling Co-Mingled Finances(07:15) - Make Yourself Aware of Your Money Situation(12:11) - When Partners Hide Money(16:20) - Splitting Up the Finances(18:07) - Define the Term – Discovery(19:32) - How to Deal With Your Lawyer(22:20) - Knowing Money's Flow(23:17) - Alimony(24:21) - Determining Standard of Living(28:57) - Relating to Relationships(32:15) - Financial Tools(38:03) - Wrap Up
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