148: 5 Money Rules That Save You After Divorce

Divorce doesn't just end a marriage. It ends a financial plan, and most people have no idea what to do next. Jessica and Brandon break down the money side of divorce that rarely gets talked about, whether you are the one paying, the one receiving, or the spouse walking away with almost nothing. They lay out the mechanics in plain language. In this episode: How retirement accounts get split through a QDRO with no taxes or penalty The alimony tax change that quietly makes it worse for the payer Why closing joint accounts drops your credit score, and how to rebuild it The Social Security benefit a divorced spouse of 10 plus years may be owed The 5 rules for getting your finances back on solid ground TIMESTAMPS 00:00 The divorce nobody plans for 02:06 Why 60% of second marriages end 03:06 Prenups and postnups as love insurance 08:04 What a divorce actually costs 09:11 The 3 ways you come out of a divorce 11:38 How retirement accounts get split 14:05 The alimony tax change that hurts 14:29 Why your credit score drops 18:00 The paying spouse 22:01 The receiving spouse 24:18 The health insurance window 24:58 Walking away with nothing 30:21 The Social Security benefit you may be owed 32:40 5 rules to rebuild your finances 34:44 The documents you forgot to update 36:32 Building your support team 38:12 The number one wealth killer New episodes every Wednesday. Subscribe so you never miss one. Show Notes: Interested in getting a prenup or postnup? Contact Aaron Thomas: https://prenups.com/ Get 50% off your first year subscription with Monarch: https://www.monarch.com/referral?r_so... ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Explore The Sugar Daddy Podcast Stan Store — Downloadables, tools, and more to level up your money game together: https://stan.store/TheSugarDaddyPodcast 🎧 Listen on Spotify & Apple Podcasts: https://podcasts.apple.com/us/podcast... Schedule a free 30-minute call with Brandon: https://calendly.com/oakcityfinancial... Learn more about Brandon's financial planning process: https://www.oakcityfinancial.us/ Subscribe on YouTube:    / @thesugardaddypodcast   Follow us on Instagram:   / thesugardaddypodcast   Apply to be a guest: https://www.thesugardaddypodcast.com/... Email us: hello@thesugardaddypodcast.com Money, relationships, and the mindset to master both. Hosted by financial advisor Brandon and his wife Jess, The Sugar Daddy Podcast breaks down how to build wealth, unpack old money beliefs, and have real conversations about love and finances. Our mission? To help couples and individuals grow rich in every sense of the word: emotionally, relationally, and financially. Please subscribe, rate, and review the podcast to help us reach more listeners! This podcast is for educational purposes only. It is not financial, legal, or therapeutic advice. Please consult a licensed professional for guidance specific to your situation.