Divorce for Wealthy Women Olivia Summerhill, CFP, CDFA

The Myth of the Silver Spoon



Introduction:




Welcome, listeners, to another insightful episode of "Divorce for Wealthy Women." I'm your host, Olivia Summerhill, and today, we have the privilege of delving into the intricate world of family wealth dynamics, focusing on navigating divorce alongside the esteemed Kristin Keffeler.



Kristin is not just a consultant; she's a thought leader paving the way in the evolving landscape of global family wealth advising, commonly called Wealth 3.0. As the founder of illumination360 and the Chief Learning Officer for the Johnson Financial Group, Kristin is no stranger to guiding affluent families through life-altering events, especially the complexities of divorce.



In our conversation, we'll explore Kristin's strengths-based approach, grounded in extensive research and years of private practice. She specializes in human motivation, behavioral change, family dynamics, governance, rising generation education, and intergenerational collaboration—all within the context of divorce. Join us as we uncover the wisdom and insights Kristin has gained on her journey, shedding light on how families can navigate the challenges of divorce and empower the rising generation to make a meaningful impact in the world.



Stay tuned for an enriching discussion that goes beyond the surface, right here on "Divorce for Wealthy Women."



Key Takeaways:



Embracing Transformation:



Divorce, while challenging, can be a catalyst for personal growth. Kristin explores how embracing the pain and reevaluating beliefs can pave the way for a better future.


Inner Work in Affluent Families:



Kristin emphasizes the importance of inner work in affluent families navigating divorce, providing insights into understanding motivations, beliefs, and emotional responses.


Seven-Step Method from "The Myth of the Silver Spoon":



Kristin shares the seven-step method outlined in her book, "The Myth of the Silver Spoon," which is designed to help individuals navigate family riches and create a meaningful life.


Developing Confidence and Finding One's Voice in Divorce:



Specific techniques are discussed, focusing on how clients can develop confidence and find their voice during the complexities of divorce, particularly in affluent circles.


The Power of Reframing and Effective Communication:



Kristin explores the power of reframing the narrative around wealth and divorce and the importance of effective communication within wealthy families to ensure everyone feels heard and understood.


Insights from "The Myth of the Silver Spoon":



A glimpse into Kristin's book provides a guide that combines practical advice with psychological insights, offering actionable steps for personal growth and empowerment during life transitions for ultra-high-net-worth families.


Encouraging Personal Growth During Divorce:



Personal growth during divorce is highlighted as a transformative opportunity for individuals to reassess values, redefine goals, and embark on a journey of self-discovery.


Connect with Kristin Keffeler:


Website: illumination360.com
LinkedIn: linkedin.com/in/kristin-keffeler
Facebook: facebook.com/kristinkeffeler

Grab a Copy of "The Myth of the Silver Spoon":


The Myth of the Silver Spoon

About the Host:


Olivia Summerhill is a certified financial planner, divorce specialist, and money coach.
Website: summerhillfirm.com
LinkedIn: linkedin.com/in/oliviasummerhill

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Join Olivia Summerhill and her guests for more empowering discussions in the next episode of "Divorce for Wealthy Women." Subscribe now and remember your financial well-being matters.



[Disclaimer: The information provided in this episode is for educational and informational purposes only and should not be considered financial or legal advice. Consult with a qualified profess

Sometimes, we don't see the genuine attitude of a person even if we've been with them for many years because we've been blinded by the thought of 'love.'



In this episode, Tracy Malone, a surTHRIVER of narcissistic abuse and the founder of NarcissistAbuseSupport.com shares her experiences with divorce and selfish behavior. 



Tune in to this episode to gain valuable insights into navigating divorce with a narcissistic partner, building a strong support system, and protecting your children's well-being. 



Topics Discussed


Fears when it comes to planning your divorce with your team
Dealing with the logistics of divorce, particularly for parents
What is a narcissist
What is gaslighting
Establishing financial security during divorce
Importance of documentation and evidence gathering during divorce



About Tracy Malone

Tracy Malone is a surTHRIVER of narcissistic abuse, life coach, and the founder of NarcissistAbuseSupport.com, a global resource for victims of emotional abuse that offers support and coaching to those trying to break the ties with the narcissists in their lives. Tracy has written multiple books on narcissistic abuse to educate victims on divorcing a narcissist.





Connect with Tracy Malone




Website | tracyamalone.com and narcissistabusesupport.com
Facebook | www.facebook.com/group
Instagram | @tracyamalone
Youtube | www.youtube.com/c/TracyAMalone



Her book is available On Amazon & Barnes & Noble: amzn.to/3wB1RQA ; amzn.to/3S5jQsF



About The Podcast

This podcast invites highly sought-after divorce professionals to share their guidance with all women listening. The intent is to share tips that affluent women can use to maintain their lifestyle during and post-divorce.



Hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach who discreetly helps high-net-worth women in divorce with their financial questions.



Website | www.summerhillfirm.com

LinkedIn | www.linkedin.com/in/oliviasummerhill 

Overview: 

In this episode, we explore the crucial journey toward financial independence for divorced women, focusing on how it empowers them to support their children confidently. Our guest, Heather Black, founder and CEO of Supermums, shares her career relaunch experience after having children and its relation to her work with ambitious women. We dive into her career transition while still married, the challenges she faced, and her achievements at Salesforce. Heather also sheds light on Super Mums, a transformative training program offering technical skills, mentorship, career counseling, peer support, and job opportunities.



Key Takeaways:


Financial Independence
Heather's Career Journey
Super Mums Program
Support Networks
Balancing Parenthood and Career during Divorce
Career Exploration and Growth Mindset



Connect with Heather Black:


Website: supermums.org
LinkedIn (Business Page): SupermumsGlobal
Instagram: @supermumsglobal



About the Podcast: Hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, this podcast invites highly sought-after divorce professionals to share guidance for women. The aim is to provide tips for affluent women to maintain their lifestyle during and after divorce.


Website: summerhillfirm.com
LinkedIn: Olivia Summerhill



Tune in for inspiration and valuable personal and professional growth advice!

Introduction

In this episode, we delve into the often-overlooked world of divorce and the crucial role of divorce professionals. Join us as Jonathan Satovsky, CEO and Chief Behavioral Coach of SAM, shares insights into his work with divorcing clients, focusing on supporting women through this challenging process.



1. The Importance of Attorneys in Divorce


Some people underestimate the role of attorneys in divorce proceedings.
Attorneys are vital because they have a deep understanding of the unique nuances within each state's divorce laws.

2. Guest Introduction: Jonathan Satovsky


Jonathan's impressive array of professional titles, including Certified Divorce Financial Analyst (CDFA), Certified Financial Planner (CFP®), and more.
His journey from American Express Financial Advisors to founding SAM in 2007.

3. Emotions vs. Logical Planning


Jonathan emphasizes the need to remove emotions from divorce conversations.
Balancing emotional support with logical financial planning is essential for a smoother process.

4. Simplifying the Divorce Process


The benefits of involving a Certified Divorce Financial Analyst (CDFA) to provide neutral guidance on financial matters.
How CDFA's help ensure a secure financial future during and after divorce.

5. Behavioral Finance and Money Coaching


Jonathan's expertise in behavioral finance and how it influences financial decisions during divorce.
The importance of addressing personal behavioral patterns when managing finances.

6. Personal Experiences and Empathy


Jonathan's personal experiences that shape his empathetic approach to helping clients.
Understanding the emotional turmoil of divorce and offering reassurance and support.

7. Talking to Children about Divorce


Tips for navigating the challenging conversation about divorce with children.
Balancing honesty and age-appropriate explanations to minimize confusion.




Website: www.satovsky.com
LinkedIn: www.linkedin.com/company/satovsky-asset-management-llc
Facebook: www.facebook.com/SatovskyAssetManagement
Twitter: @jonsatovsky



This podcast, hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, invites highly sought-after divorce professionals to provide valuable guidance to all women facing divorce. The goal is to empower affluent women with tips and strategies to maintain their lifestyle during and after divorce.


Website: www.summerhillfirm.com
LinkedIn: www.linkedin.com/in/oliviasummerhill



Conclusion

Divorce can be a complex and emotionally charged journey. Jonathan Satovsky's insights and expertise shed light on the benefits of involving a Certified Divorce Financial Analyst (CDFA) and adopting a balanced, logical approach. Discover how to navigate divorce more effectively, minimize legal fees, and secure a brighter post-divorce future. Don't miss out – hit play now and empower yourself with the knowledge you need!

Knowledge is the ultimate shield, applicable in all life's battles, from prenuptial agreements to divorce. Prepare to take control! Join us for invaluable insights that will fortify your path ahead in this episode with Evan Shien.



In this episode, we bring you the foremost authority in Manhattan: Evan Schein, a partner at Berkman Bottger Newman & Schein LLP and a litigation powerhouse. He passionately reveals the art of self-preservation through prenuptial agreements and divorce preparedness. Evan underscores the absolute necessity of comprehensive understanding before taking decisive action. He's your unwavering guide, especially if you're the stay-at-home mom navigating the tumultuous waters of divorce without financial control. Evan's mission? To craft a brighter post-divorce future, always dignified and never compromising.



Evan fervently believes that knowledge and communication are your greatest allies in the divorce journey. Please tune in to this episode with Evan and harness his expertise in making informed choices, securing your financial future, and mastering the art of communication in the tumultuous world of divorce.



Key Takeaways


Evan's unparalleled expertise in divorce, finance, and legal intricacies.
Conquering fear and uncertainty.
The power of financial acumen.
Effective communication and collaboration with professionals.
Discover Evan's profound passion for his work.



Meet Evan Schein. Evan Schein is a partner and the driving force behind the firm's litigation practice. Mr. Schein joined Berkman Bottger Newman & Schein LLP in 2010 with a history at a renowned matrimonial law firm.



He's an accomplished litigator and a creative problem solver, ensuring optimum outcomes in trial or negotiation. Evan's hallmark is tailoring strategies that align with your unique goals, whether negotiating prenuptial agreements or navigating a divorce. His battlefield spans multiple counties' Supreme and Family Courts and is extensively involved in other New York County legal landscapes.



Evan's niche? Representing professional athletes in family law matters. His dual background as a sports agent equips him with a profound understanding of the intricacies of athlete contracts, compensation structures, endorsements, and custody issues. He's a trusted partner for athletes, working closely with sports and entertainment agents, top trust and estate attorneys, financial advisors, and insurance experts. Evan's commitment to knowledge extends to his role as an educator at the Benjamin N. Cardozo School of Law.



Connect with Evan:


Website: www.berkbot.com
LinkedIn: www.linkedin.com/company/berkman-bottger-newman-schein-llp
Twitter: @berkbot
Instagram: @BBNSFamilyLaw



About The Podcast: This podcast summons sought-after divorce professionals to share their wisdom with all women. The aim is to equip affluent women with the tools to safeguard their lifestyle during and after divorce.



Your host, Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach, discreetly guides high-net-worth women through divorce-related financial challenges.


Website: www.summerhillfirm.com
LinkedIn: www.linkedin.com/in/oliviasummerhill

You are going to get so much out of this episode!! The importance of financial education and mindful personal finance is a growing relevant topic in modern times, particularly in life-changing events like divorce.



In this episode, Dana Miranda, the founder of Healthy Rich, discusses inclusive financial education and how it counters budget culture. Dana also touches on philanthropic giving and the challenges of determining how much to give away versus saving for oneself. Dana is currently writing a book called "You Don't Need a Budget," which offers an alternative approach to managing finances without following traditional rules around budgeting, debt payoff, and investing. 



We also talk about the challenges faced by low and middle-income individuals who are often bombarded with materialism and the desire for wealth. Learn how to break free from budget culture constraints and explore a new approach to managing your money.



Topics Discussed


Dana’s platform inclusive financial education and how it counters budget culture
Emphasizing the importance of understanding one's relationship with money
Focusing on generosity rather than hoarding wealth
Philanthropic giving and the challenges of determining how much to give away versus saving for oneself
An alternative approach to managing finances without following traditional rules around budgeting, debt payoff, and investing
The connection between personal turmoil and financial decisions during stressful times like divorce
The challenges faced by individuals regarding materialism and the desire for wealth



About Dana Miranda

Dana Miranda is a Certified Educator in Personal Finance® (CEPF®), author, and personal finance journalist. With a passion for making work enjoyable and money management easy, she has dedicated her career to changing the conversation around personal finance.



Growing up in a working-class family in a small town in Wisconsin, Dana recognized the lack of diverse perspectives in the personal finance industry, which was dominated by advice from middle-class white men. Motivated to bridge this gap, she entered the world of personal finance media in 2015.



After gaining valuable experience and insights with a popular financial media startup, Olivia ventured into freelance writing for over two years. During this time, she realized the need for a new approach to discussing money. In response, she founded Healthy Rich, a platform aimed at transforming how people think and talk about personal finance.



Dan'a upcoming book, "YOU DON'T NEED A BUDGET: How Toxic Budget Culture Ruined Your Relationship With Money—And How To Fix It," delves deep into the harmful effects of budget culture and presents the EASY approach to budget-free money management. By challenging traditional notions and providing practical solutions, Dana empowers individuals to take control of their financial lives.



Her expertise in work and money has been featured in reputable publications such as Forbes, Business Insider, The Penny Hoarder, Culture Study, the New York Times, CNBC, The Motley Fool, NextAdvisor, and Inc. magazine. Through her writing and advocacy, Dana aims to inspire a diverse range of individuals to achieve financial well-being and find joy in their financial journey.



Connect with Dana Miranda


LinkedIn | www.linkedin.com/in/danasitar
Website | www.healthyrich.co
Twitter | @justdanamiranda



About The Podcast

This podcast invites highly sought-after divorce professionals to share their guidance with all women listening. The intent is to share tips that affluent women can use to maintain their lifestyle during and post-divorce.



Hosted by Olivia Summerhill, a Certified Financial Planner, Divorce Specialist, and Money Coach who discreetly helps high-net-worth women in divorce with their financial questions.



Website | www.summerhillfirm.com

LinkedIn | www.linkedin.com/in/oliviasummerhill