How to pay for divorce? Helen Baker & Shannon Daykin
Fri 10:00am 20 Jul 2018Podcast Audio
When it comes time to it, knowing how to pay for a divorce isn't easy. The circumstances vary and there will be so much advice that will be thrown at you even when you don't want it. When it comes to financial considerations, Shannon and Helen suggest you must arm yourself with the best advice before the fact as much as possible. Preparation is key, and seek advice from both a qualified legal advisor and financial planner.
Shannon Daykin explains that in her years of experience as a legal practitioner, it's important to know your obligations and your next steps. Understand the elements of how decisions will be made, and the only way you can really do this is by asking more questions.
Helen Baker explains that you must have these transparent conversations about what's worth fighting for, what's best to keep and what's not going to matter in 5 years time.
In amongst the financial considerations, is the emotional burden that is carried by all parties involved in the proceeding. This may result in clouded judgment, brash decision making, and often times neglecting the most vulnerable of parties to the matter - the children.
In such a difficult time, it's important to have the right advice in your corner. Chat with Shannon Daykin of Daykin Family Law today by Google searching "Daykin Family Law" and by chatting with Helen Baker of On Your Own Two Feet (www.onyourowntwofeet.com.au).
DISCLAIMER: Please note that the advice provided in this video is of a general nature only. Please seek the advice of a trained and qualified professional for matters that relate to you.
Meet our resident experts
Robert King
Accountant
Robert is a fully qualified Chartered Accountant, Registered Tax Agent & Xero Guru. He spends his time helping clients through all stages of the business cycle from setting up a business through to its eventual sale.
Laura Sillano
Mortgage Lending
Laura is a Residential Mortgage Broker with over 11 years experience. She is passionate about educating her clients about their options, and provides mortgage lending advice that is grounded by life experience.
Helen Baker
Financial Planning
Helen Baker, founder of On Your Own Two Feet, is an experienced financial adviser and firmly believes in the benefits of having a strong team of professionals to underpin your financial foundations.
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