When Susan and John were getting divorced, they decided to work with a mediator rather than hiring attorneys. As long-time Bordeaux clients, they relied on the help of their advisor team to achieve a fair and equitable split of their assets. Our team helped them come up with an agreeable asset split along as well as long term asset transition plans that would yield better after-tax results for both parties.
Susan, now a newly divorced single mother, was anxious about stepping into the various new financial responsibilities that had previously been handled by her husband. Unsure how to navigate these newfound responsibilities, Susan leaned on the support of her team at Bordeaux to educate and guide her through this new chapter of her life. In the wake of this massive life change, Susan needed reassurance that she would be okay, from both a personal and a financial perspective. Her team at Bordeaux educated Susan on the economics of her financial situation so that she could feel confident in her ability to provide for herself and her children going forward. They developed a financial plan that identified how much she could afford to spend to support her and her family per month for the rest of her life. They helped Susan understand her spending patterns, coming up with creative budgeting and cash-flow management plans that would allow her to reach her personal and financial goals. Our tax team walked her through the process of filing an independent tax return and educated her on various tax-advantaged strategies she could implement to maximize her wealth.
Throughout this process, Bordeaux provided Susan with more than just investment advice – allowing her to walk away from these meetings feeling empowered and in control of her finances. Now equipped with the knowledge she needed, Susan was confident that she could navigate these new financial responsibilities on her own, knowing she could always lean on Bordeaux for support if she needed it.
