10 - Find Financial Clarity in Divorce with CDFA Victoria Kirilloff

High Vibe Divorce Podcast - Find Financial Clarity in Divorce with CDFA Victoria Kirilloff

Host: Melissa Wheeler Farag

Guest: Victoria Kirilloff, CDFA, NCPM, CDS

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Episode Title: Find Financial Clarity in Divorce with CDFA Victoria Kirilloff

Summary: In this episode, Melissa Wheeler-Farag welcomes Victoria Kirilloff, a Certified Divorce Financial Analyst (CDFA), Nationally Certified Professional Mediator (NCPM), and Certified Divorce Specialist (CDS). Victoria shares her personal journey through a challenging divorce, highlighting how financial clarity empowered her to take control of her situation. They discuss the role of a CDFA in divorce, the four phases of divorce (emotional, social, financial, and legal), and the importance of documentation in securing a fair settlement. Victoria emphasizes the value of hiring the right professionals to support a streamlined, less adversarial divorce process.

Key Points:

1. Victoria's Personal Journey:

   • Overcame an abusive relationship by gaining financial clarity.
   • Created the first "divorce impact analysis report" for her own divorce.

2. Role of a CDFA:

   • Provides financial clarity and helps navigate complex financial decisions during divorce.
   • Importance of understanding marital assets, spousal support, and the financial implications of divorce.

3. Four Phases of Divorce:

   • Emotional: Dealing with the decision to divorce and setting boundaries.
   • Social: Communicating the divorce to others, including children.
   • Financial: Understanding and documenting the marital estate.
   • Legal: Utilizing financial facts to streamline the legal process.

4. Financial Clarity and Documentation:

   • Importance of using accurate data to support financial decisions.
   • Avoiding common pitfalls like underestimating expenses or relying on inaccurate home valuations.

5. Choosing the Right Process:

   • Advocates for a collaborative approach with a team of professionals (mediators, CDFAs, divorce coaches).
   • Emphasizes that litigation can be costly and drawn out, and it’s better to work with professionals who can facilitate a fair and efficient settlement.

Quote of the Episode: "This divorce is not the end of your life—it's a small blip on your financial radar, but it can be a launching pad for your next phase if you approach it with the right team and mindset."

Call to Action:

• Subscribe to the High Vibe Divorce Podcast on your favorite platform.
• Share this episode with someone who might benefit from understanding the financial aspects of divorce.
• Follow Melissa and Victoria on Instagram and visit their websites for more resources and support.

Closing Message: Thank you for tuning in to this insightful discussion with Victoria Kirilloff, CDFA, NCPM, CDS. Remember, divorce is a significant financial event, but with the right support, you can come out stronger and more empowered.

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Connect with Melissa and Victoria:

• Melissa Wheeler Farag:

  • Website: High Vibe Mediation
  • Podcast Instagram: @highvibedivorce
  • Mediation Instagram: @highvibemediation

• Victoria Kirilloff:

  • Website: Divorce Analytics
  • Instagram: @divorceanalytics
  • Book your free consultation: here