San Francisco, California
London, United Kingdom
Come an join us for a unique discussion on a oft neglected topic in divorce, both for attorneys and mediators as well as divorce financial planners.
What is an often misunderstood and overlooked critical planning component that can create financial nightmares for divorcing couples, you ask?
If you said their property & casualty insurance then you are correct. Homeowners, automobile, umbrella liability and valuable articles policies all include policy language that assumes the insured is either married or single. Separated and divorced couples and their advisors need to understand the insurance policy changes they must make to protect the separated and divorced and their children. Whose auto policy should a child be listed on? Whose name should be on the home policy to protect their interest in the home? Is a child who visits the other parent once a month considered a household resident and covered by that parent’s liability insurance? These questions and more will be addressed looking at case studies you can use to educate your clients on this critical component of their wealth planning.
Brian Flood is Vice President of Hub International based in New York. He leads a team of personal and commercial lines specialists to provide a complete suite of risk management services and products to a clientele that spans the country. A major thrust of the Flood Group’s outreach to their clients is education because they have found that effective personal risk management begins with knowledge.
Brian is also the author of Wealth Exposed: Insurance Planning for High Net Worth Individuals and Their Advisors
Brian earned a BBA in management from Hofstra University and has earned industry designations as a Chartered Property Casualty Underwriter (CPCU) and Associate Risk Management (ARM). He holds licenses for Property & Casualty and Life, Accident & Disability.
Notes for CE credit:
This presentation is rated as beginner for CFP Board credit and is submitted for 2 hours of credit. Prior experience in divorce financial analysis is assumed. No prior experience is assumed with forensics.
This program is submitted for 2 hour of CPA CE credit as Specialized Knowledge and Applications.