In this episode, we explore a critical issue in many divorces with a focus on uncovering hidden money and financial mischief that may arise during this challenging time. My guest is Tracy Coenen, a seasoned fraud investigator and forensic accountant for over 25 years, shares her expertise on navigating the murky waters of financial distrust during divorce.
We discuss the nuanced world of hidden assets in divorce. Tracy introduces her innovative Divorce Money Guide, designed to equip individuals with straightforward, actionable steps to identify financial discrepancies without needing an accounting background. She emphasizes that understanding your financial situation is paramount, even if you have limited knowledge of your marital financial issues.
Throughout the episode, Tracy highlights practical examples, such as detecting secret bank accounts or unusual withdrawals and making financial conversations approachable for everyone. She also touches on more complex issues like overseas accounts and cryptocurrency, providing insight into how the courts handle these matters. Tracy's advice is straightforward: gather account statements, follow a structured process, and, if necessary, work with your attorney to ensure all assets are accounted for.
Tracy’s Divorce Money Guide and her numerous online resources empower individuals to take charge of their financial future during divorce. Join us for an enlightening discussion that could make a significant difference in how you navigate the financial challenges of divorce. Tune in, take notes, and prepare yourself with the knowledge you need to protect your assets.
About the Guest:
Tracy Coenen has been investigating fraud for more than 25 years, but she didn’t always want to be a forensic accountant. With a dream of one day being a prison warden, Tracy went to Marquette University in Milwaukee, WI to get a criminology degree. A class on financial crime investigations reminded her how much she loved Encyclopedia Brown books as a kid. She continued her criminology degree, but added accounting and economics courses so she could become a CPA… and here Tracy is, finding money in cases of corporate fraud, high net worth divorce, and other financial shenanigans.
For Tracy’s complimentary resource: https://divorcemoneyguide.com/plan/
To connect with Tracy:
Website: https://www.divorcemoneyguide.com
About the Host:
Mardi Winder-Adams is an ICF and BCC Executive and Leadership Coach, Certified Divorce Transition Coach, Certified Divorce Specialist (CDS®) and a Credentialed Distinguished Mediator in Texas. She has worked with women in executive, entrepreneur, and leadership roles, navigating personal, life, and professional transitions. She is the founder of Positive Communication Systems, LLC, and host of Real Divorce Talks, a quarterly series designed to provide education and inspiration to women at all stages of divorce.
Are you interested in learning more about your divorce priorities? Take the quiz "The Divorce Stress Test".
Connect with Mardi on Social Media:
Facebook - https://www.facebook.com/Divorcecoach4women
LinkedIn: https://www.linkedin.com/in/mardiwinderadams/
Instagram: https://www.instagram.com/divorcecoach4women/
Youtube: https://www.youtube.com/@divorcecoach4women
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