Lifetime Planning LLC

Lifetime Planning LLC

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With more than 20 years of experience in the field of finance, Patricia Barrett is well trained in the intricacies of personal financial and divorce planning.

Patricia Barrett is Certified Financial Planner (CFP) and a Certified Divorce Financial Analyst (CDFA); she provides
Mediation services and other financial guidance to women facing divorce. She is a Certified Financial Planner, Certified Divorce Financial Analyst, and a credentialed Mediator, having completed mediation training at the University of Houston School of Law. Patricia has assisted hun

Blog Archives - Lifetime Planning 06/30/2020

It’s often difficult for individuals and couples to fully understand how a Certified Divorce Financial Analyst (CDFA) can assist them in their divorce process. So, I am developing a series of case studies that illustrate how I’ve helped my clients achieve their goals and reach a divorce settlement they are satisfied with.

This divorce case included a prenup, lots of separate property belonging to her husband and sorting out his complicated executive compensation benefits.

https://www.lifetimeplanning.cc/category/blog/

Blog Archives - Lifetime Planning

“Can I be reimbursed for money my spouse wasted during our marriage?” - Lifetime Planning 06/25/2020

In a divorce, identifying, calculating and dividing assets can get very complex. Clients often ask me if they can be reimbursed in the divorce settlement for specific unusual, community spending during the marriage, or “waste,” by their soon-to-be-spouse. I usually reply, "maybe."

“Can I be reimbursed for money my spouse wasted during our marriage?” - Lifetime Planning Divorce law in Texas may provide a way for you to be reimbursed in a divorce for specific unusual, community spending by your spouse during your marriage.

06/04/2020

With today’s complex financial landscape, and ever-changing divorce and tax laws, neglecting the finer points of divorce finances is a blunder you cannot afford to make. In fact, most attorneys are not adequately trained in complex divorce financial issues

Many spouses and couples are realizing how much they may benefit from the expertise of a Certified Divorce Financial Analyst, especially at the beginning of their divorce process.

Focus on your finances in a divorce - Lifetime Planning With today's complex financial landscape, neglecting the finer points of divorce finances is a blunder you cannot afford to make.

During COVID-19, divorcing couples turn to Early Intervention Mediation - Lifetime Planning 05/19/2020

Due to COVID-19, traditional divorce litigation is not only costly, time-consuming and heart wrenching, the added burden of pandemic restrictions is further complicating and slowing the divorce process down to a crawl.

Increasingly, couples seeking divorce are turning to streamlined alternatives to the traditional divorce litigation model in order to get their divorces under way. One alternative approach getting attention is Early Intervention Mediation.

During COVID-19, divorcing couples turn to Early Intervention Mediation - Lifetime Planning Increasingly, couples seeking divorce are turning to Early Intervention Mediation -- a streamlined and less costly alternative to the traditional divorce litigation model.

Four Ways to Get a Divorce, Part 1 - Lifetime Planning 05/11/2020

In Texas, there are several paths to choose from on your journey to divorce. I've written a four-part blog series on my website that details Four Ways to Get A Divorce. Which path you choose depends on your unique situation, so reading this information can help!

Four Ways to Get a Divorce, Part 1 - Lifetime Planning Once you have decided to get a divorce, another very important decision awaits you and your spouse: which path are you going to take to secure that divorce? This may surprise you, but in Texas, you have a choice in how you get divorced. However, how you get divorced can be more important, or at […...

Surge in divorces anticipated in wake of COVID-19 quarantine 05/07/2020

If you are considering divorce as we all quarantine during COVID-19, you are not alone.

A smart first step in the process may be to contact a Certified Divorce Financial Analyst, like myself, for a consultation. This will offer you a glimpse into how your potential settlement might shake out -- before you file. 832-858-0099

Surge in divorces anticipated in wake of COVID-19 quarantine Surge in divorces anticipated in wake of COVID-19 quarantine

My Ex and I Fought About Everything. Then Came the Coronavirus. 04/29/2020

Under normal circumstances, divorce and co-parenting can be a struggle. Throw a pandemic into the mix and things can get dicey fast.

This couple filed for divorce 18 months ago and were living apart when the Corona Virus began spreading across the country. The wife feared that she and her ex would be on different pages about how to handle it. Here's their story.

My Ex and I Fought About Everything. Then Came the Coronavirus. Once the virus was here, his response shocked me.

Facing divorce during COVID-19 (CoronaVirus)? Don't despair; prepare - Lifetime Planning 04/13/2020

Were you considering divorce or in the process of divorce before the CoronaVirus became a dominate factor in our daily lives? You are not alone.

We realize many of you are likely being challenged daily with new responsibilities with children, jobs, and household management realities. Here is an outline on how you can prepare for your divorce during this crisis -- when you feel ready.

Facing divorce during COVID-19 (CoronaVirus)? Don't despair; prepare - Lifetime Planning Here are steps you can take during stay-at-home mandates that will lay the ground work for a more productive divorce process once life returns to normal.

Don't forget these marital assets in your divorce - Lifetime Planning 04/08/2020

If you are considering divorce, or are in the process, spend some time creating a comprehensive list of assets that will be divided in your settlement agreement. Marital finances can be complex. Here are some assets to consider including on your list.

Don't forget these marital assets in your divorce - Lifetime Planning Today's couples can have complex financial portfolios. Calculating the valuations of common assets such as real estate, cars, boats, motorcycles, art, antiques, wine collections and more can turn into major points of contention in a divorce. Then, there are life insurance policies, retirement plans,...

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