Understanding the True Value of Your Business with Aline Bender

Are you still paying for your business expenses through your personal PayPal account or credit card? Or are your personal and business finances separate? 

Keeping your finances separate is not only good business practice but it’s also an important practice for if or when you go into business with your husband or wife. 

Co-mingling all of your personal and business expenses makes it impossible to know the true value of your business—and, unfortunately, it may have a severe impact on the outcome and the division of that asset when it comes to divorce. 

Thankfully, it’s never too late to learn what you don’t know and to make better decisions today that will impact your future. The more you understand, the more of an active and knowledgeable participant you can be through the process.  

On today’s episode, I’m speaking with businesswoman and entrepreneur, Aline Bender, of Kama’aina Mortgage Group. In addition to being the CEO of Kama’aina Mortgage Group with her husband, Aliene is also a sales mentor for women and helps Female entrepreneurs strategize on how to make more sales now.

Listen to the full episode to hear:

  • Aline’s journey and reinvention of herself after her first marriage ended
  • Practical tips for those who are running their own businesses or are spouses of those who are self-employed
  • How best to protect your business, including not commingling your business and personal assets

Learn more about Aline Bender:

Learn more about Tracey:

  • Instagram: @iamtraceycoates
  • This week, we shipped out October’s Time 4 Mom subscription boxes to our founding members and we are already getting really positive feedback.  Did you join us?  What are you waiting for? November’s boxes are on sale now and the theme is Gratitude and Comfort. Head over to traceycoates.com/time4mom for more info. 

BONUS REPLAY EPISODE: The Life Well-Lived Podcast with Regina Topelson – Episode 10

Today’s episode is going to be a little different than most. I recently had the pleasure of speaking with my friend, Regina Topelson of the Life Well-Lived podcast. And I’m excited to be sharing that episode with you today.

On Life Well-Lived with Regina Topelson – EP 10 Regina and I chatted all about one of my favorite topics, relationships. 

We talked about how relationships are one of the six pillars of wellness, both in support of, and unfortunately detrimental to your overall happiness and wellbeing,

We are all forever making plans for the path we’d like our relationships to take. But, as we all know, life happens and we’re forced to readjust our expectations the journey that we are all on. 

I know you’ll really enjoy this episode and you may learn a thing or two about me that may come as a surprise.

Learn more about Regina:

Learn more about Tracey:

  • Tracey Coates – Homepage 
  • Instagram: @iamtraceycoates
  • For a chance to win a three-month subscription to my brand new monthly subscription box, Time 4 Mom, please head over to time4mom.com. This monthly subscription box is carefully curated to give moms permission to prioritize self-care, encourage personal growth, and enjoy a little me-time

The Challenges of Dating as a Successful Professional Black Woman with Dr. Khaleah Bradshaw

Is your success keeping you from finding someone to share your life with? Professionally, the future is bright—but what about personally? What about a life partner? What about a family? 

Black women who are achieving massive success in their professional lives—advanced degrees and dream jobs—are finding that men, and Black men in particular, are intimidated by their success. 

So why are some Black womens’ dating lives being impacted by attaining higher education and success? 

Today on the show, Dr. Kahleah Bradshaw is going to shed light on the dating challenges that successful and professional Black women experience. Dr. Bradshaw is a graduate of Cal State Dominguez, where she received her bachelors and masters degree and, more recently, her PhD.

Her dissertation, Dollaz + Sense: The True Cost of Education for Black Women, explored the experiences of single black educated women with an advanced degree who felt that their romantic lives or their dating lives had been impacted by their higher education attainment. 

Dr. Bradshaw has worked in higher education for nine years and is passionate about Black history, women’s issues, and works hard to emphasize the overall need for literacy and education for Black people. 

Listen to the full episode to hear:

  • Dr. Bradshaw’s take on the true impact of education on Black women
  • The impact higher education and career advancement has on some relationships
  • Why she is most concerned about the economic implications of Black women not marrying in the U.S.  
  • All about Dr. Bradshaw’s qualitative study, Dollaz + Sense: The True Cost of Education for Black Women

Learn more about Dr. Khaleah Bradshaw:

Learn more about Tracey:

  • Instagram: @iamtraceycoates
  • For a chance to win a three-month subscription to my brand new monthly subscription box, Time 4 Mom, please head over to time4mom.com. This monthly subscription box is carefully curated to give moms permission to prioritize self-care, encourage personal growth, and enjoy a little me-time

The Bottom Line of Alimony with Carlos Lastra

Alimony—am I getting it or do I have to pay it? 

Questions about alimony are what I hear most often from my clients. There are a lot of questions and confusion—rightfully so—as to how alimony is calculated and how long it’s going to last. And, naturally, they are most concerned with how much they are going to receive or are going to have to pay to their ex-spouse. 

That answer varies depending on where you are in the country, but on a very basic and universal level, some of the factors that the courts typically include in its decision are:

  • age and length of the marriage
  • the needs of the recipient spouse
  • the payor’s spouse’s ability to pay

In today’s episode, I’m going to talk all about alimony with one of my law partners, Carlos Lastra. Carlos and I are co-chairs of our firm’s Family Law practice as well as members of the Litigation practice group. 

Carlos has represented clients in all aspects of family law—from complex high net worth divorces, with closely held businesses and property spanning multiple jurisdictions including foreign countries, to highly sensitive divorces including hidden assets.  

Carlos is a highly accomplished trial lawyer who has been honored throughout his career with numerous awards and distinctions, including Legal Elite – Washington’s Top Attorneys, SmartCEO Magazine, top “Divorce Attorney” by Washingtonian and Bethesda Magazine, as well as Family Law Practitioner of the Year. 

Listen to the full episode to hear:

  • The difference between the two types of alimony
  • The process in determining what alimony is going to be including amount and length of time
  • The most common reasons why alimony is terminated, plus evidence that can lead to terminating alimony
  • Why cohabitating—with a romantic partner and even a platonic roommate—post-divorce can impact receiving alimony
  • How digital forensics can play a role in terminating alimony 

Learn more about Carlos Lastra:

Resources mentioned in this episode

Learn more about Tracey:

  • Instagram: @iamtraceycoates
  • For a chance to win a three-month subscription to my brand new monthly subscription box, Time 4 Mom, please head over to time4mom.com. This monthly subscription box is carefully curated to give moms permission to prioritize self-care, encourage personal growth, and enjoy a little me-time

A Compassionate and Strategic Approach to Divorce Law with Helene Taylor

When you’re going through a divorce, you can feel an array of emotions from anger to self-doubt to uncertainty in any given day. Life as you know it is about to change and you’re afraid of what it will look like after the divorce. 

Common questions for those going through the divorce process include: how much time will I get to spend with my kids? Will I have a roof over my head? How am I going to support myself and my kids on my own? 

These are big questions and are not always easy to find straight answers for. It’s especially difficult through the ups and downs during the divorce process. 

What we know for sure is that divorce is life-changing for everyone involved. 

So how can you find more confidence and peace through the process? What can you do to mitigate the unknown, the anger, and the self-doubt to induce more clear thinking, calm, and confidence: mindfulness. 

Today’s guest, Helene Taylor uses mindfulness techniques as well as a compassionate strategy to support her clients through the divorce process. Helene is a California legal strategist and mediator who helps people negotiate complicated separation and divorce agreements. Helene is licensed as an attorney in California and Hawaii. During her 26 years of complex family law trial practice, Helene has helped thousands of people resolve complicated issues.

Listen to the full episode to hear:

  • How Helene’s process of working with her clients results in less cases going to trial
  • What role mindfulness and meditation can play during divorce 
  • The moment Helene was moved to use a different approach in her practice 
  • And how important it is to find support and connection with people going through the same experience

Learn more about Helene Taylor:

Learn more about Tracey:

  • Instagram: @iamtraceycoates
  • For a chance to win a three-month subscription to my brand new monthly subscription box, Time 4 Mom, please head over to time4mom.com. This monthly subscription box is carefully curated to give moms permission to prioritize self-care, encourage personal growth, and enjoy a little me-time