Building Financial Intimacy with Your Partner featuring Ed Coambs

Ed Coambs, CFP®, certified financial therapist, and licensed marriage and family therapist, is here to talk about building financial intimacy with your partner.

 

Are money matters causing tension in your relationship? You’re certainly not alone. Money is often cited as the number one reason for conflict in relationships. It’s a topic that’s fraught with emotion, history, and often, misunderstanding. And that’s where awesome financial professionals like Ed Coambs come in.

Ed is a former firefighter turned Certified Financial Planner (CFP®), certified financial therapist, and licensed marriage and family therapist associate. With over two decades of experience and as the founder of Healthy Love & Money, Ed is an expert in resolving conflicts, managing finances, and fostering emotional intimacy within relationships.

He has some incredible insights to share in today’s show, like how our money messages- those we’ve received from society, family, and our own experiences- shape our financial behaviors today and can lead to a disconnect in how couples manage their finances. Tune in to learn how Ed helps couples strengthen their communication and work on building financial intimacy.

 

Here’s some of what we discuss in this episode:

 

  • 1:44 – Ed’s journey from firefighting to financial services and therapy
  • 10:56 – Ed’s approach to financial planning + your “financial family tree”
  • 17:43 – Some underlying reasons why couples seek the help of a financial therapist
  • 22:11 – Some of Ed’s success stories + how financial goals shift over time
  • 25:59 – The psychological impact of past financial hardships
  • 29:57 – The clients that Ed typically works with + his comprehensive process

 

Learn a little more about Ed:

 

Ed is an internationally recognized thought leader in financial therapy who has been cited by the Wall Street Journal, the Associated Press, Time, and CNBC. He leads couples through therapy from financial despair and frustration into financial intimacy and connection using the latest in love and brain science. He earned his master’s degrees in business, counseling, and financial planning and is a licensed marriage and family therapist, certified financial planner, and certified financial therapist.

 

Episode Links:

 

Resources

Ed on Purse Strings:

https://pursestrings.co/professional/financial-planner/california/los-angeles/ed-coambs/

Healthy Love & Money

https://www.healthyloveandmoney.com/

Healthy Love & Money Podcast

https://www.healthyloveandmoney.com/podcasts/healthy-love-and-money

The Healthy Love & Money Way:

https://www.amazon.com/Healthy-Love-Money-Way-Attachment/dp/195355508X/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1679092335&sr=8-1

Facebook:

https://www.facebook.com/healthyloveandmoney

LinkedIn:

https://www.linkedin.com/in/healthyloveandmoney/

Instagram:

https://www.instagram.com/healthyloveandmoney/

Podcast:

https://www.healthyloveandmoney.com/podcasts/healthy-love-and-money

Prenups, Postnups, and Financial Planning for Couples with Marilyn Chinitz

Marilyn Chinitz, a New York lawyer specializing in matrimonial law, joins us to talk about prenups, postnups, and financial planning for couples.

This week on Women and Money, our guest is Marilyn Chinitz. Marilyn is a divorce attorney in New York who has been practicing law for 41 years and has extensive experience in matrimonial matters. She joins us today to help us better understand the world of prenuptial and postnuptial agreements and their importance, especially in cases involving significant wealth or complex financial situations.

Join us as Marilyn breaks down some key considerations for crafting fair and effective agreements and stresses why it’s so critical to involve financial and legal professionals in these discussions. In our conversation, she covers the provisions that should be included in prenuptial agreements, why they need to be updated regularly, the costs and timeline involved in creating these legal documents, and much more. Don’t miss out on this episode packed with valuable insights!

 

Here’s some of what we discuss in this episode:

 

  • Marilyn’s experience in law + The advantages of prenups and periodic reviews of prenups throughout a marriage
  • The importance of thoroughness and legal expertise in drafting prenuptial agreements
  • Having your own attorney when setting up prenuptial agreements or trusts + protecting individual interests and assets
  • The key provisions that should be included in a prenup + avoiding unconscionable terms
  • Prenuptial agreements for average couples looking to protect individual assets + potential state law differences
  • Timing and cost considerations involved in the process

 

Learn a little more about Marilyn:

 

Marilyn Chinitz is a formidable advocate specializing in matrimonial law, focusing on high-net-worth divorce cases. With over 35 years of experience, she navigates clients through complex transitions, handling diverse matters such as:

  • Complex divorce actions involving diverse transactional matters
  • High-conflict custody cases
  • International custody cases including the return of abducted children in proceedings filed under the Hague Convention
  • Premarital agreements and postnuptial agreements
  • Same-sex divorce/dissolution matters
  • Paternity cases

Known for her straightforward, creative, and responsive client approach, Marilyn is as successful in litigation as in settlement negotiations. She has argued winning appeals in the appellate courts of New York, and in trials before the family court and the supreme courts of New York.

When high-profile marital matters or recent changes in the law make headlines, Marilyn is a sought-after commentator. She is often quoted in print, and has appeared on local and national television and radio shows including NBC’s The Today Show, ABC News 20/20, Inside Edition, among others.

Beyond her legal career, Marilyn is the proud mother of two accomplished adult children. She loves cycling, and participates in fundraising rides, and organizes travel to international destinations.

 

Episode Links:

 

Where you can find Marilyn:

Blank Rome LLP

https://www.blankrome.com/people/marilyn-b-chinitz

Linkedin

https://www.linkedin.com/in/marilyn-chinitz-a262a91b/