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Most High Net Worth Divorce Splits Try For Low Key

The Debbie Nigro Show

Release Date: 06/23/2021

Discovered A New Place To Take Some Fun Shots show art Discovered A New Place To Take Some Fun Shots

The Debbie Nigro Show

My gal pal Lisa who lives far from me had missed me during Covid. She texted me to come join her for some networking fun at a place called Pinstripes in Norwalk, CT. Her gal pal Sherry who I love, had taken over the Director Of Sales position there. I'd never heard of Pinstripes. Sounded to me like it might be a baseball joint or sports venue. I love my pal Lisa and she told me to bring my other half Dave, and Dave and I said what the heck and went for a change of pace. I'm so glad we did. We had so much fun and were so impressed with the place (not a baseball joint) I thought some...

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Rest Assured When Your Name Is A Rest Stop You've Arrived!  show art Rest Assured When Your Name Is A Rest Stop You've Arrived!

The Debbie Nigro Show

Soon You'll See This Billboard In New Jersey. They're About To Re-Name Their Garden State Parkway Rest Stops After Home Town Celebs! You're encouraged to stop by and besides reaching for a cool drink, maybe pick up some life inspiration shared by these Jersey icons as to how to reach for your own stars.   Steve Edwards is President of The New Jersey Hall of Fame which is overseeing the project. He joins me for a fun conversation to share the back story, talk about the home town celebs getting the honor and share all the cool things each rest stop will soon feature. Also how and when...

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 New Role Models In Barbie Dolls Honoring Frontline Workers   show art New Role Models In Barbie Dolls Honoring Frontline Workers

The Debbie Nigro Show

Barbie Dolls Are Now Honoring Front Line Workers! Mattel, Inc. just announced that Barbie® will donate $5 for the sale of every eligible Barbie doctor, nurse and paramedic doll sold at Target during August to the First Responders Children’s Foundation (FRCF), benefiting the children of first responders. These special Barbie dolls give children the opportunity to role-play with everyday heroes who show up for us in emergencies 365 days a year. LOVE THIS! Go Barbie Jillian Crane, President of First Responders Children's foundation joined me for a great conversation that makes me love Barbie...

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Do You Have The Guts To Go On A Spaceflight ?  show art Do You Have The Guts To Go On A Spaceflight ?

The Debbie Nigro Show

Would You Go On a Spaceflight? Could Your Body Take It? While watching Richard Branson and Crew and then Jeff Bezos and crew take their historic flights this Summer in real time all I could think about was... no way I'm going. I don't do underground tunnels or above ground cooped up. So I can't even imagine outer space cooped up! Also I don't like feeling heavy. Did you know the people on board these sort of missions feel 3.5 times their normal weight on their way to an altitude of more than 50 miles? I panic when I feel 10 pounds heavier so I'm out. Also what about getting nauseous on a...

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Love That This Girl Risked Her Dream At 17 show art Love That This Girl Risked Her Dream At 17

The Debbie Nigro Show

You Know I Love a Girl Who Risks Her Dreams! New York-based rising pop starlet Amanda Ayala risked auditioning for NBC's "The Voice" at only seventeen and her life was changed forever. Her new song was just came out and I play a little taste of it here in the interview on my live show the day before it was released.  So happy to introduce you to Amanda. We bonded over taking risks!  Her 'single' is available on Spotify. It's called  'Seventeen'. It's a nostalgic summer anthem for anyone who misses their youth. "When people listen to this track I truly hope it takes them...

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Do You Have Inherited Jewelry Sitting Somewhere In A Drawer? show art Do You Have Inherited Jewelry Sitting Somewhere In A Drawer?

The Debbie Nigro Show

Do You Have Inherited Jewelry Just Sitting Somewhere In A Drawer Doing Nothing? How ridiculous is that? Let's get it out and get it on! There’s a talented gal I want to introduce you to who can show you how to 'rejewelvenate'  (love that word ) your inherited or out of date jewelry pieces so you can really enjoy the precious memories - but in your own unique style. I take great pride in featuring guests with hard earned credentials who are passionate about what they do. Jennifer Vichinsky is a GIA Graduate Gemologist, jewelry designer, highly ethical appraiser and a super talent with a...

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The Debbie Nigro Show

Unreturned messages driving you crazy?  You and everybody else! Too many messages, vague messages and unreturned messages, are all contributing to what innovator and communications expert Sam George calls, the growing ‘dyscommunication crisis’. I don't know about you guys but I'm definitely feeling overwhelmed trying to keep up with all the communication channels I'm supposed to be keeping up with.  Between emails, texts, Facebook, Instagram, Linked, Twitter etc., honestly it’s becoming harder and harder to keep up. Obviously it's not just me. Most people are on digital...

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The Debbie Nigro Show

All CBD is NOT the same. All Wellness Practitioners are NOT the same either. Word of mouth from trusted sources typically steer you to the true professionals in any industry. On my first day back in the radio studio since last March 'live' with other humans as in person guests, I did an entire show on CBD. CBD by the way does not stand for 'Come Back Deb' though it's a cute idea since this day was a bit of a comeback for me. you see, right before Covid I fought breast cancer and won. Needless to say I was immuno-compromised and stayed far away from everybody for a long time. I'm now a little...

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Joanne Parker is Helping Kids Get Through Grief show art Joanne Parker is Helping Kids Get Through Grief

The Debbie Nigro Show

Losing Loved Ones Is Hard. Losing Family Is Hard. Losing A Friend Is Hard. Especially for kids. Writer Joanne Parker knows because she lost her sister in a fatal car accident when she was a kid. She's written a series of children's books to help kids deal with grief, the latest of which is called, "I Lost A Friend".  Joannes' books which also include "I Lost A Sister" and "I Lost A Brother" are a really valuable resources for children grieving and for those seeking to help them grieve. These books help in discussing the thoughts and feelings that accompany that kind of loss with words of...

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Whenever Big Sharks Are Nearby I Panic and Call My Shark Guy  show art Whenever Big Sharks Are Nearby I Panic and Call My Shark Guy

The Debbie Nigro Show

Anybody Besides Me A Little Unrelaxed Thinking About Taking A Relaxing Dip In The Atlantic Ocean During 'Shark Season'?  Several huge sharks have been spotted near New York, New Jersey, and Cape Cod. Field & Stream Magazine recently quoted , OCEARCH founder and shark researcher Chris Fischer as saying  “The moment you’re 3-feet in the ocean, you’re in the wild, and you’ve taken a risk." 3 FEET???  That sounded very 'UNrelaxing'. I decided to put out an SOS for MY 'Shark Guy" Dr. Gregory Skomal to call me so we could...'discuss' just how UNrelaxed we should be at...

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I don’t know many people who get married to get divorced. (Well maybe a few) 

On the subject of 'High Net Worth Divorces' today you've probably noticed they can get ugly, embarrassing and downright nasty. 

Nationally Acclaimed Divorce Financial Expert Lili Vasileff will tell you, that being in the public eye with a messy divorce endangers sustainability of any potential agreement, threatens well-being of family, and eats up your resources.

Unless of course you're 'high net worth divorcee' Mackenzie Scott, former wife of Amazon Founder Jeff Bezos, now worth 57 Billion dollars and giving away money. She just gave $2.7 billion to 286 organizations around the U.S. By Forbes’ estimate, she gave away nearly $6 billion in 2020 to 500 organizations. She's also signed the Giving Pledge, promising to give away half of her fortune to charitable causes during her lifetime, or after her death. For this MacKenzie Scott gets a huge high five!  

Low Fives ( is there such a thing?) are going out to other loud 'high net worth' divorce stories in the news this week. These divorce stories are ugly, embarrassing and down right nasty. The kind of divorces that involve insane amounts of money that people can't stop reading about. The kind of divorces most wealthy people try and avoid like...Covid.

Divorce Financial Expert Lili Vasileff says, "These nasty high conflict divorces are thankfully the aberration not the normal standard. What draws people to them is them is the dollars that flash across the screen.  After 30 years of handling thousands of divorce cases of high net worth individuals I can tell you that they are ‘managed' successfully with discretion, integrity  and privacy."

"You will never see the divorce that I’m working on hit the tabloids like this one and why is it?  Because someone leaked that info. They leaked it for their own personal agenda. This leaks of these stories are done by one of the parties inside who's vindictive - no question about it because they’re not getting justice for their emotions"

She went on to explain, "What makes high net worth divorce cases different is that there's a high risk of publicizing wealth and that means that you put your family in a very vulnerable position. Your kids are vulnerable because people are going to know much you’re worth, you’ve just exposed the contents of your home, all that kind of stuff and if you own businesses or collectibles. Is that anyones business but your own ?" "You really need a trustworthy advocate who is used to this environment as I am, who works with individuals with that sense of trust that all remains private to be negotiated until its concluded. "

She even works privately withclients before they start with an attorney. "When you file divorce it becomes public right ? There's a public filing any tabloid reporter can go find, the very basic motions the details, who the players are, etc. Seasoned divorce financial experts make sure everything is confidential. It never hits the court system until its over. And that's huge."

Lili says, "When your in a high net worth case you have a lot of complicated finances and chances are one party vs the other is less knowledgeable and doesn’t know it and doesn’t have the skills resources or access to those professionals that mange those kinds of valuable assets to become educated.  So you need that whole 'step up' to understand whats at stake to get a roadmap of really of what your life looks like as a snapshot from a financial perspective .

Seeking out an attorney is not the first move you should make if your headed for a high net worth divorce. The first thing you should do is seek out a divorce financial expert. 

"You're working with an attorney not an a financial expert, says Lili. So to understand what exists what it costs what is required to sustain those assets in the future or what could be transferable or liquidated now is like Wow! You just grabbed the gold ring of becoming empowered at a negotiation table." 

She adds "Unless parties have been separated for a period of time, its very usual that one client  is much more prepared to trigger the divorce button than the other. And the other, has you know a little more of that emotional gap to come up to speed to say, I guess this is the way it's gonna go. Because once the person files for divorce there is nothing your can do to stop it." 

Though a gender friendly compassionate financial advocate, Lili shares most of the clients who seek out her advice are women. 90% women in fact. 'Late life divorce' she says is on the increase, and more often than not it's the women who are less knowledgable and have less experience managing assets for the longer term.  

"Most divorces you got a one shot deal to get it right." 

"You've got to know your stuff, she says. You've got to negotiate with a sense of confidence and knowledge to make fully informed good decisions because they last for the long term."