Tag: Social Security Benefits

FEATURE
Co-Parenting Strategies Amidst Divorce With Beth McCormack and Jason Sposeep – Part 2 (Ep. 29)

Co-Parenting Strategies Amidst Divorce With Beth McCormack and Jason Sposeep – Part 2 (Ep. 29)

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Divorce can be a challenging journey for many, and it requires careful consideration and planning, especially during the holiday season. 

In this episode, Nicole Romito continues the conversation with family law attorneys Beth McCormack and Jason Sposeep. This time, they unravel the complexities of divorce, focusing on co-parenting during the holidays and financial considerations. 

Beth and Jason provide valuable advice on early planning, effective communication, and involving children in the holiday planning process. Additionally, they highlight the significance of tax planning during divorce and the impact on social security benefits.

They discuss:

  • Strategies and conversations to have with your spouse to ensure smooth co-parenting during the holiday season
  • How to involve children in the decision-making process and considering their opinions in co-parenting during the holidays
  • The importance of open and transparent communication between co-parents
  • The impact of the calendar year on financial decisions and tax implications in divorce settlements
  • The importance of being married for ten years to receive social security benefits and the process of claiming spousal benefits after divorce
  • And more!

Resources:

Connect with Nicole Romito: 

Connect with Beth McCormack:

Connect with Jason Sposeep:

About our Guests: 

Beth McCormick practices exclusively in family law matters for high net worth families, and she is experienced in complex litigation, mediation, and collaborative law. She is an equity partner at Bierman, which is located here in Chicago, Illinois. She has been repeatedly nominated by her peers as a leading lawyer and best lawyer, as well as top 50 women’s super lawyer and top 100 super lawyers. Her focus on compassion and empathy led Crane’s Chicago media to name her most influential women lawyer.

Jason Sposeep is an equity partner at Schiller, DeCanto, and Fleck, headquartered in the Chicagoland area. He authoritatively advocates for high net worth professionals. and their spouses who want fair and equitable results. Jason’s extensive background in business and finance as well as his compassion and understanding enables him to sensibly resolve complicated divorce and custody disputes both in and out of the courtroom. Jason strenuously believes in putting the children first in every divorce situation. And he too has been repeatedly nominated and named to the top super lawyer lists and super lawyer lists as well.

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FEATURE
Everything You Need To Consider To Maximize Your Social Security Benefits With Mike McCabe (Ep. 13)

Everything You Need To Consider To Maximize Your Social Security Benefits With Mike McCabe (Ep. 13)

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Marriage, divorce, a late spouse, and age can all affect social security benefits. There’s no simple equation for figuring out which benefit plan works best for you or when you should start taking your benefit, but a financial advisor can help guide you through the process.

We are back with another episode of Dollar$ and $ense: Creating Your Fulfilled Life with Nicole Romito. Learn from Mike McCabe, a colleague of Nicole’s at Private Vista, as he sits down with her to break down what you need to know about social security. Mike shares different scenarios that you should consider and explains how to best approach your social security benefits to maximize these benefits for your household.

Mike McCabe discusses: 

  • The different roles you are eligible to apply under for social security and the benefits of each
  • What type of benefits are available and when you should consider applying for them
  • The importance of knowing your situation when navigating the social security system
  • How to determine when it’s right for you to take your social security benefits
  • …and so much more!

Resources:

Connect with Nicole Romito: 

Connect with Mike McCabe:

About our Guest: 

Mike McCabe, CFP®, CPA, is a partner at Private Vista LLC. Throughout Mike’s career in financial services, his primary focus has been assisting his clients successfully manage their financial lives so they can enjoy and flourish in their real lives. He has always dedicated himself to learning. Mike’s interest led him to become a CFP® and attain the Certified Pension Consultant (CPC) designation from the American Society of Pension Professionals and Actuaries (ASPPA). Mike’s administrative roles with the firm include serving on the firm’s investment committee, helping with compliance, and mentoring the firm’s talented pool of younger advisors.

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