Key Conversations | #28 - Divorce, Home Equity, and Financial Clarity | Michelle Leisen
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Divorce brings a lot of difficult decisions, and one of the biggest is often what to do with the house.In this episode of Key Conversations with CJ and Katy Norman, we sit down with Michelle Leisen, founder and owner of Divorce Smart and Wealth Planning Group in Minnesota. Michelle is a Certified Financial Planner™, Certified Divorce Financial Analyst®, and Minnesota Rule 114 Qualified Neutral with more than 28 years of experience helping individuals and families navigate the financial side of divorce.We talk about how divorce mediation works, what a CDFA does, when someone should bring in a financial professional, and why decisions around the home should be made with a clear understanding of the full financial picture.Michelle shares insight on home equity buyouts, refinancing, keeping the house after divorce, what happens when both spouses are still on the mortgage, and why a low interest rate can make the decision more complicated. We also talk about when selling the home may be the cleaner option and the mistakes people can make when fighting to keep a house they may not be able to comfortably afford long term.For anyone navigating divorce in Minnesota, especially around the Twin Cities, Mound, and Lake Minnetonka area, this conversation offers a grounded look at how to make less emotional, more informed decisions about your home, finances, retirement, taxes, and future stability.To connect with Michelle Leisen, email Michelle@wealthplanninggroupmn.com.Want to feel more confident buying, selling, and owning a home? Subscribe to our channel for new episodes of Key Conversations each week, and get to know CJ Norman and Katy Norman better at www.norman-homes.com