The Elephant in the Room: Separate Property

There are conversations we as CDFAs can expect to be difficult. In fact, there can be traps and pitfalls anywhere, and we must always be aware of our clients’ reactions to navigate difficult discussions successfully. I have learned that clearly defining the steps and the decisions we will be working to find agreement on goes a long way towards setting expectations early. Normalizing conversations about property division and income sharing (and, of course, quantifying its effect with the use of analysis and reports) can help reduce clients’ anxiety.

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