Available for Interviews: Teddi Ann Barry
Teddy Ann Barry, Esq. is a family attorney and writer who has been serving families through divorce and custody and has been practicing family law for over twenty years, and also comes with a wealth of experience in mediation and collaborative law. She is also the author of The Do-It-Yourself Guide to Divorce in Colorado.
What Teddi Ann Barry can say in an interview on
Mitigating the Financial Divorce Racket:
DIVORCE HAS FINANCIAL CONSEQUENCES
- Sure you want to keep the house. Can you afford it?
- Should you negotiate trading equity in the house for the retirement account?
- How much do you need to earn each month to be ok?
Especially now, with maintenance laws changing, the rise and fall of property values, and the expense of creating two households and families from one, you must talk to a financial adviser.
Sure, your lawyer can run the worksheets, explain maintenance and talk about tax credits and deductions, but do not trust your lawyer to financially advise you. Great lawyers usually have reliable resources for you.
ONLY HIRE THOSE THAT YOU NEED
Everywhere I turn it seems another professional is attempting to:
- Represent you during your divorce;
- Represent your kids during your divorce;
- Counsel you through your divorce;
- Counsel your kids through a divorce;
- Investigate what you should do with your kids after divorce and who should counsel them;
- Coach you through your divorce
- Financially advise you through and after your divorce
- Fill out forms for you to get divorced
- Sell your house after the divorce
- Refinance your house so you can afford the divorce;
- Mediate; or
- by this point regurgitate!
Here’s how to save money
- Keep your divorce simple.
- Only hire and work with the most trusted and credible divorce professionals.
- Set realistic expectations.
- Do not waste one more minute or dime than you absolutely have to.
YoU NEED A COUNSELOR OR THERAPIST
Do not consider divorce until you are emotionally prepared to leave your marriage. The attorney’s door should be the last door you enter – not the first! Do not confuse divorce coaching with divorce counseling. Counselors have specialized training, and so many client hours before practicing on their own. Some counselors advertise as having a focused practice for those suffering through a divorce. This is much different than the professional who has paid for a coaching clinic, went through their own divorce, and blogs a bit about how terrible it is.
Take the time to research the professional counselors you decide to pay and spend time with during divorce. You want to know how they think they can help you, what they think will be the issues you need to focus on during the divorce, and how to get through it in the most time-efficient and cost-effective way possible.
YOU NEED A LAWYER
The most important professional to talk to is a licensed attorney who practices in the county where your divorce will occur.
There are estimates that more than 70% of couples are attempting to divorce without any legal advice. No one quite knows how many of those couples end up with significantly terrible contracts that they then have to pay far more to try and change with the help of lawyers.
Hiring an attorney does not have to be a $10,000.00 expense either. People fail to hire lawyers for the right reasons. They hire lawyers out of fear of losing too much, not getting enough, or wanting to avoid the process of divorce and leave it to someone else.
The Bottom Line
By beginning your divorce from an emotionally stable place, getting the best legal advice, and working with a financial adviser to better understand how to restructure your family successfully you too can avoid the financial racket of divorce.
Interview: Teddi Ann Barry
Teddi Ann Barry, Esq. is the Founder of Teddy Ann Barry, PSC., and has been an attorney for over twenty years. Other areas of law practiced are mediation and collaborative law. Teddy is based in the Cherry Creek office and practices family law exclusively. She is also the author of The Do-It-Yourself Guide to Divorce in Colorado: Get In, Get Out, Get Over It.
Teddy is a former guardian ad litem and Respondent parents’ counsel, representing the best interests of children placed in the custody of the State and the parents accused of abuse and neglect of their children by the State.
As an alumna of Creighton University in Omaha, Nebraska for both her undergraduate and Juris Doctorate degrees, Teddy is proud to have been educated at Creighton University which is one of 28 Jesuit Catholic universities throughout the country, that teaches, among many wonderful values, service. I have been serving others in family law since 2000.
Teddy has been a business owner for over 17 years and continues to build a firm with experienced and well-respected professionals who can offer the highest level of client care, advocacy, skilled negotiation, and litigation if and when absolutely necessary.
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