Carole Epstein's guest appearances

Carole Epstein

Divorce Dialogues

Denise Seidelman

Allison Williams

Chris Voss

Kristin Neff

Carl Pickhardt

Deborah Tannen

Jill Murray

Nancy Colier

Kyle Wright

Stacy Francis

David Hoffman

Karyl McBride

Philip Segal

Terry Gaspard

Michelle Smith

OwlTail

Divorce often means being thrust into a series of financial decisions that you may or may not feel prepared to make. And if divorce has brought you sudden wealth, financial professionals are likely crawling out of the woodwork to offer their services. How do you choose the right advisor for you? What resources are available to help you learn the basics of investing? What are some of the common challenges people face in your position?

Divorce often means being thrust into a series of financial decisions that you may or may not feel prepared to make. And if divorce has brought you sudden wealth, financial professionals are likely crawling out of the woodwork to offer their services. How do you choose the right advisor for you? What resources are available to help you learn the basics of investing? What are some of the common challenges people face in your position?

Ep. 013 MAKING FINANCIAL DECISIONS AFTER DIVORCE - Carole Epstein

Divorce often means being thrust into a series of financial decisions that you may or may not feel prepared to make. And if divorce has brought you sudden wealth, financial professionals are likely crawling out of the woodwork to offer their services. How do you choose the right advisor for you? What resources are available to help you learn the basics of investing? What are some of the common challenges people face in your position?Carole Epstein has been a licensed financial advisor with Morgan Stanley since July 2007. She began her career as a programmer and cut her teeth in investing during the ten years she ran a pension plan for the staff at her Apple store. Carole’s life experience raising a family and running a business make her uniquely qualified to understand her client’s needs and design a financial plan with their complete financial wellbeing in mind. Today, Carole joins Katherine to explain her values-based process for crafting a financial plan, from prioritizing needs and wants to evaluating assets and risk tolerance. Carole discusses the difference between a transactional advisor and one who takes a more holistic approach, sharing her reasons for working with a team of vetted professionals. She offers insight around getting a basic financial education, dividing capital gains equitably in a divorce, and staggering the tax hit for clients making changes to an investment portfolio. Listen in for advice on navigating sudden wealth and employing a team of talented professionals who serve your needs.Topics CoveredCarole’s unique journey to becoming a financial plannerCarole’s values-based process for making financial decisions•	Prioritize needs, wants•	Evaluate available assets, risk toleranceThe difference between a transactional vs. holistic financial advisorWhy Carole recommends assembling a team of vetted professionalsHow to obtain a basic financial educationThe decision-making challenges for people navigating ‘sudden wealth’•	Employ intellect over emotion•	Choose right advisor for youCarole’s advice for divorced people new to financial decision-making•	Don’t take action until ready, knowledgeable•	Determine your level of risk tolerance•	Surround self with talented professionalsThe equitable division of capital gains/loss in divorceCarole’s staggered approach for making changes to an investment portfolioConnect with Carole EpsteinCarole’s Website: https://fa.morganstanley.com/carole.r.epstein/index.htmCall (914) 225-4859ResourcesSavvy Ladies: https://www.savvyladies.org/The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William D. Danko: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams by David Bach: https://www.amazon.com/Smart-Women-Finish-Rich-Achieving/dp/076791029XConnect with Katherine MillerThe Center for Understanding Conflict: http://understandinginconflict.org/Miller Law Group: https://westchesterfamilylaw.com/Katherine on LinkedIn: linkedin.com/in/kemiller1The New Yorker’s Guide to Collaborative Divorce by Katherine Miller: https://www.amazon.com/New-Yorkers-Guide-Collaborative-Divorce/dp/0692496246Email: katherine@westchesterfamilylaw.comCall (914) 738-7765

Divorce often means being thrust into a series of financial decisions that you may or may not feel prepared to make. And if divorce has brought you sudden wealth, financial professionals are likely crawling out of the woodwork to offer their services. How do you choose the right advisor for you? What resources are available to help you learn the basics of investing? What are some of the common challenges people face in your position? Carole Epstein has been a licensed financial advisor with Morgan Stanley since July 2007. She began her career as a programmer and cut her teeth in investing during the ten years she ran a pension plan for the staff at her Apple store. Carole’s life experience raising a family and running a business make her uniquely qualified to understand her client’s needs and design a financial plan with their complete financial wellbeing in mind. Today, Carole joins Katherine to explain her values-based process for crafting a financial plan, from prioritizing needs and wants to evaluating assets and risk tolerance. Carole discusses the difference between a transactional advisor and one who takes a more holistic approach, sharing her reasons for working with a team of vetted professionals. She offers insight around getting a basic financial education, dividing capital gains equitably in a divorce, and staggering the tax hit for clients making changes to an investment portfolio. Listen in for advice on navigating sudden wealth and employing a team of talented professionals who serve your needs. Topics Covered Carole’s unique journey to becoming a financial planner Carole’s values-based process for making financial decisions •	Prioritize needs, wants •	Evaluate available assets, risk tolerance The difference between a transactional vs. holistic financial advisor Why Carole recommends assembling a team of vetted professionals How to obtain a basic financial education The decision-making challenges for people navigating ‘sudden wealth’ •	Employ intellect over emotion •	Choose right advisor for you Carole’s advice for divorced people new to financial decision-making •	Don’t take action until ready, knowledgeable •	Determine your level of risk tolerance •	Surround self with talented professionals The equitable division of capital gains/loss in divorce Carole’s staggered approach for making changes to an investment portfolio Connect with Carole Epstein Carole’s Website: <a href="https://fa.morganstanley.com/carole.r.epstein/index.htm" rel="nofollow" target="_blank">https://fa.morganstanley.com/carole.r.epstein/index.htm</a> Call (914) 225-4859 Resources Savvy Ladies: <a href="https://www.savvyladies.org/" rel="nofollow" target="_blank">https://www.savvyladies.org/</a> The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William D. Danko: <a href="https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474" rel="nofollow" target="_blank">https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474</a> Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams by David Bach: <a href="https://www.amazon.com/Smart-Women-Finish-Rich-Achieving/dp/076791029X" rel="nofollow" target="_blank">https://www.amazon.com/Smart-Women-Finish-Rich-Achieving/dp/076791029X</a> Connect with Katherine Miller The Center for Understanding Conflict: <a href="http://understandinginconflict.org/" rel="nofollow" target="_blank">http://understandinginconflict.org/</a> Miller Law Group: <a href="https://westchesterfamilylaw.com/" rel="nofollow" target="_blank">https://westchesterfamilylaw.com/</a> Katherine on LinkedIn: <a href="http://linkedin.com/in/kemiller1" rel="nofollow" target="_blank">linkedin.com/in/kemiller1</a> The New Yorker’s Guide to Collaborative Divorce by Katherine Miller: <a href="https://www.amazon.com/New-Yorkers-Guide-Collaborative-Divorce/dp/0692496246" rel="nofollow" target="_blank">https://www.amazon.com/New-Yorkers-Guide-Collaborative-Divorce/dp/0692496246</a> Email: katherine@westchesterfamilylaw.com Call (914) 738-7765

Making Financial Decisions After Divorce with Carole Epstein