Laura Menninger:
Making The Most Out Of Her Divorce Settlement

 
Laura is a recently divorced woman in her late 40s. Through a generous divorce settlement, she received the marital home free and clear of the mortgage, in addition to some stock options and a considerable portion of her ex-husband’s 401(k). Although Laura has every intention of continuing to work, she wants to maximize her assets so that she can sail into her retirement years.
 

Objectives and Recommendations

Barker Financial Group immediately suggested that Laura consult with her attorney to review and revise her estate plans and to remove her ex-husband from her wills and trusts. We then worked with her to…

• Review her current and future insurance needs.
• Rollover her 401(k) to a traditional IRA.
• Allocate assets to meet her retirement objectives based on her tolerance to risk and her time horizons.
• Re-title her real estate property.