122: Uncover Hidden Money in Divorce: Red Flags and Financial Tips with Forensic Accountant Tracy Coenen

Women Investing Network Podcast

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1y ago 17:42

MP3•Episod hem

Forensic accountant Tracy Coenen discusses her book "Find Me the Money" with Jason. She highlights the ways money is hidden during divorces, from secret bank accounts to diverting paychecks. Tracy emphasizes the importance of understanding divorce processes, suggesting prenuptial agreements as smart financial planning for all. She addresses red flags in marriages, such as changes in financial behavior, secret spending, and unusual transactions. Tracy stresses the need for both spouses to be financially knowledgeable during divorce negotiations. For more information, visit her at https://www.fraudcoach.com/.

#ForensicAccounting #DivorceFinance #FinancialPlanning #Prenup #HiddenMoney #MarriageRedFlags #MoneyManagement #FinancialAwareness

Key Takeaways:

0:59 Welcome Tracy Coenen

1:24 Squirreling money away

2:36 Divorce Financial Planning and prenups

3:29 The things people do

4:40 How about the wealthier clients

5:37 Tracy's rates and untangling the web games people play

8:46 Understanding the process of divorce and recommending prenups

11:45 Expecting too much from marriage

13:08 Fraud and spotting the red flags

15:09 Separate or joint filings of taxes

16:04 Know your finances

"The marriage is not a business transaction; the divorce is."

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134 episoder

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