Lifetime Planning LLC
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 hundreds of individuals and couples work through the difficult issues involved in the divorce process. She condenses the information into primary issues, concentrating on areas that matter the most, as well as illustrating the benefits and costs of choices. She has the expertise needed to bring about a peaceful divorce settlement when possible, or provide skillful guidance when it isn’t. Using a set of customized tables and graphs to calculate individual situations, Patricia guides her clients through the difficult choices involved in divorce settlement. Having a complete appraisal of one's own personal financial situation allows each of her clients to set reasonable goals, and is the best way to get a divorce.
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/
06/27/2020
If you are planning to file for divorce after the COVID-19 pandemic has abated, you are now alone. The best use of your time until then, is to pull all your financial documents together and prepare to file as soon as you can.
Divorce boom? Lawyers prepare for flood of separations from quarantined couples “I want to file when this is all over.”
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.
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.
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.
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 […...
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
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.
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