Divorce Financial Planning with a Love Letter—with Jennifer Lee

Divorce Dialogues

If you’re going through a divorce, writing a love letter is probably the last thing on your mind. But Jennifer Lee, AWMA, AIF, suggests that sharing your values and hopes for the future in a family love letter to your children is a good first step for financial planning in divorce. So, how does a love letter help you set meaningful financial goals and make better money decisions? Jennifer is the founder of Modern Wealth, a Sarasota-based financial firm with a focus on helping individuals in transition, and author of Squeeze the Juice: Live with Purpose, Then Leave a Legacy. Jennifer brings a fresh perspective on the financial planning process by digging deep to understand her clients’ values and helping them use money as a tool to accomplish their dreams. On this episode of Divorce Dialogues, Jennifer joins Katherine to share the personal experience that inspired her idea for a family love letter in the financial planning process. Jennifer explains why financial anxiety is such a common issue in the divorce process and challenges us to see money as a tool to reach our goals—not the goal itself. Listen in to understand how Jennifer supports the ‘non-moneyed’ spouse in settlement negotiations and learn how Squeeze the Juice can help you make informed financial decisions in divorce. Topics Covered Why Jennifer includes writing a family love letter in the financial planning process Thinking of money as a tool to accomplish our dreams vs. the goal itself What drove Jennifer’s father to communicate his values in a kind of family love letter Why anxiety around money is such a common issue in the divorce process How Jennifer helps the non-moneyed spouse in a divorce make financial decisions The danger in rushing through divorce negotiations because you want it to be done What experiences inspired Jennifer to write her book, Squeeze the Juice How your money story impacts the way you navigate financial decisions The 2 most important chapters in Squeeze the Juice for people going through divorce What it means to be the non-moneyed spouse in divorce (and what it doesn’t mean) Why there’s a power imbalance in divorce negotiations for the non-moneyed spouse Connect with Jennifer Lee Modern Wealth: https://modern-wealth.com/ Connect with Katherine Miller The Center for Understanding Conflict: http://understandinginconflict.org/ Miller Law Group: https://miller-law.com/ Katherine on LinkedIn: linkedin.com/in/kemiller1 The New Yorker’s Guide to Collaborative Divorce by Katherine Miller: https://www.amazon.com/New-Yorkers-Guide-Collaborative-Divorce/dp/0692496246 Email: [e-mail] Call [phone] Resources Squeeze the Juice by Jennifer Lee: https://squeezethejuicebook.com/