The Fiscal Feminist

Whether you’re preparing to divorce or about to get married, there are actions you can take today to make sure your financial future is protected. In this episode, Erica Lubans breaks down some of the most important concepts to know about prenups, state divorce laws, alimony, and much more. She shares practical advice for women about preparing for and navigating divorce proceedings, and she explains why communication around finances is one of the most important indicators of a successful marriage. Erica is an attorney at the California family law firm Wasser, Cooperman & Mandles, and she has so much expert insight to share!

Episode Recap:
  • Today we’re talking with divorce lawyer Erica Lubans (1:07)
  • Why did you decide to become a divorce lawyer? (3:17)
  • Your lawyer is not your therapist (6:59)
  • The way you spend money matters less than how you communicate about it (10:15)
  • What conversations should couples be having before they get married? (13:07)
  • How do equitable distribution and community property laws affect divorce? (16:49)
  • What to include in your prenup (25:30)
  • Alimony vs. Settlements: Which is better (33:21)
  • What are the different types of divorce? (39:18)
  • Common mistakes to avoid (51:07)
  • How do high-profile divorces differ from other divorces? (57:01)


“In marriages, if there’s solid communication about money and people are being respectful of the other person’s concerns and making them feel safe, then you’re less likely to end up getting divorced because of financial issues.”

“Have something for yourself, whether that’s a career or charity or whatever it is. Have something that is just for you during marriage, don’t just devote yourself to your husband and your kids. I know that’s how women are, we’re always putting ourselves last and being preoccupied with other people’s needs, and I’ve seen a lot of women that when the marriage breaks down, they are completely bereft because they didn’t keep anything for themselves.”

Creators & Guests

Kimberlee Davis
Kimberlee Davis is founder of the Fiscal Feminist and a Partner and Managing Director in The Bahnsen Group, a wealth management practice with offices in Newport Beach, California and New York City. She is also a Certified Divorce Financial Analyst.
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What is The Fiscal Feminist?

Kimberlee Davis is your host of The Fiscal Feminist, a show about women and our relationship with money and finances. Kimberlee Davis is Managing Director and Partner at The Bahnsen Group, a private wealth management firm. She specializes in personal wealth advising and oversees financial and retirement planning solutions for high net worth individuals and multi-generational families. Her proficiency also includes helping individuals transition to financial independence after life altering events such as death or divorce.