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The Importance of Cash Flow After a Divorce

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Divorce, like marriage, is an emotional affair.  Which is why our next guest says that it’s important to know all the financial implications involved in a divorce before the final settlement.  And one of the most important, she says, is an in-depth look at the resulting cash flows.

Mike Switzer interviews Stephanie Vokral, a certified financial planner, certified divorce financial analyst, and managing principal at The Financial Knot in Columbia, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.