Lifetime Planning LLC

Lifetime Planning LLC With more than 20 years of experience in the field of finance, Patricia Barrett is well trained in the intricacies of personal financial and divorce planning.

Patricia Barrett is Certified Financial Planner (CFP) and a Certified Divorce Financial Analyst (CDFA); she provides
Mediation services and other financial guidance to women facing divorce. She is a Certified Financial Planner, Certified Divorce Financial Analyst, and a credentialed Mediator, having completed mediation training at the University of Houston School of Law. Patricia has assisted hun

dreds of individuals and couples work through the difficult issues involved in the divorce process. She condenses the information into primary issues, concentrating on areas that matter the most, as well as illustrating the benefits and costs of choices. She has the expertise needed to bring about a peaceful divorce settlement when possible, or provide skillful guidance when it isn’t. Using a set of customized tables and graphs to calculate individual situations, Patricia guides her clients through the difficult choices involved in divorce settlement. Having a complete appraisal of one's own personal financial situation allows each of her clients to set reasonable goals, and is the best way to get a divorce.

It’s often difficult for individuals and couples to fully understand how a Certified Divorce Financial Analyst (CDFA) ca...
06/30/2020

It’s often difficult for individuals and couples to fully understand how a Certified Divorce Financial Analyst (CDFA) can assist them in their divorce process. So, I am developing a series of case studies that illustrate how I’ve helped my clients achieve their goals and reach a divorce settlement they are satisfied with.

This divorce case included a prenup, lots of separate property belonging to her husband and sorting out his complicated executive compensation benefits.

https://www.lifetimeplanning.cc/category/blog/

If you are planning to file for divorce after the COVID-19 pandemic has abated, you are now alone. The best use of your ...
06/27/2020

If you are planning to file for divorce after the COVID-19 pandemic has abated, you are now alone. The best use of your time until then, is to pull all your financial documents together and prepare to file as soon as you can.

“I want to file when this is all over.”

In a divorce, identifying, calculating and dividing assets can get very complex. Clients often ask me if they can be rei...
06/25/2020

In a divorce, identifying, calculating and dividing assets can get very complex. Clients often ask me if they can be reimbursed in the divorce settlement for specific unusual, community spending during the marriage, or “waste,” by their soon-to-be-spouse. I usually reply, "maybe."

Divorce law in Texas may provide a way for you to be reimbursed in a divorce for specific unusual, community spending by your spouse during your marriage.

06/04/2020

With today’s complex financial landscape, and ever-changing divorce and tax laws, neglecting the finer points of divorce finances is a blunder you cannot afford to make. In fact, most attorneys are not adequately trained in complex divorce financial issues

Many spouses and couples are realizing how much they may benefit from the expertise of a Certified Divorce Financial Analyst, especially at the beginning of their divorce process.

With today's complex financial landscape, neglecting the finer points of divorce finances is a blunder you cannot afford to make.

Due to COVID-19, traditional divorce litigation is not only costly, time-consuming and heart wrenching, the added burden...
05/19/2020

Due to COVID-19, traditional divorce litigation is not only costly, time-consuming and heart wrenching, the added burden of pandemic restrictions is further complicating and slowing the divorce process down to a crawl.

Increasingly, couples seeking divorce are turning to streamlined alternatives to the traditional divorce litigation model in order to get their divorces under way. One alternative approach getting attention is Early Intervention Mediation.

Increasingly, couples seeking divorce are turning to Early Intervention Mediation -- a streamlined and less costly alternative to the traditional divorce litigation model.

In Texas, there are several paths to choose from on your journey to divorce. I've written a four-part blog series on my ...
05/11/2020

In Texas, there are several paths to choose from on your journey to divorce. I've written a four-part blog series on my website that details Four Ways to Get A Divorce. Which path you choose depends on your unique situation, so reading this information can help!

Once you have decided to get a divorce, another very important decision awaits you and your spouse: which path are you going to take to secure that divorce? This may surprise you, but in Texas, you have a choice in how you get divorced. However, how you get divorced can be more important, or at […...

If you are considering divorce as we all quarantine during COVID-19, you are not alone. A smart first step in the proces...
05/07/2020

If you are considering divorce as we all quarantine during COVID-19, you are not alone.

A smart first step in the process may be to contact a Certified Divorce Financial Analyst, like myself, for a consultation. This will offer you a glimpse into how your potential settlement might shake out -- before you file. 832-858-0099

Surge in divorces anticipated in wake of COVID-19 quarantine

Under normal circumstances, divorce and co-parenting can be a struggle. Throw a pandemic into the mix and things can get...
04/29/2020

Under normal circumstances, divorce and co-parenting can be a struggle. Throw a pandemic into the mix and things can get dicey fast.

This couple filed for divorce 18 months ago and were living apart when the Corona Virus began spreading across the country. The wife feared that she and her ex would be on different pages about how to handle it. Here's their story.

Once the virus was here, his response shocked me.

Were you considering divorce or in the process of divorce before the CoronaVirus became a dominate factor in our daily l...
04/13/2020

Were you considering divorce or in the process of divorce before the CoronaVirus became a dominate factor in our daily lives? You are not alone.

We realize many of you are likely being challenged daily with new responsibilities with children, jobs, and household management realities. Here is an outline on how you can prepare for your divorce during this crisis -- when you feel ready.

Here are steps you can take during stay-at-home mandates that will lay the ground work for a more productive divorce process once life returns to normal.

If you are considering divorce, or are in the process, spend some time creating a comprehensive list of assets that will...
04/08/2020

If you are considering divorce, or are in the process, spend some time creating a comprehensive list of assets that will be divided in your settlement agreement. Marital finances can be complex. Here are some assets to consider including on your list.

Today's couples can have complex financial portfolios. Calculating the valuations of common assets such as real estate, cars, boats, motorcycles, art, antiques, wine collections and more can turn into major points of contention in a divorce. Then, there are life insurance policies, retirement plans,...

Address

Houston, TX
77042

Opening Hours

Monday 8am - 5:30pm
Tuesday 8am - 5:30pm
Wednesday 8am - 5:30pm
Thursday 8am - 5:30pm
Friday 8am - 5:30pm

Telephone

+18328580099

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