Going through a divorce? If you or your spouse have foreign financial accounts, don't overlook your U.S. reporting obligations. One of the biggest misconceptions is that filing an **FBAR (FinCEN Form 114)** automatically satisfies **IRS Form 8938**. It doesn't. Depending on your situation, you may need to file both. Understanding the difference now can help you avoid costly penalties and protect your financial future.
Divorce has a way of making everything feel urgent.
The finances. The paperwork. The uncertainty. The fear of making the wrong decision.
Many women believe they need to understand every financial detail immediately before they can move forward. But when you are emotionally overwhelmed, trying to figure everything out at once often leads to paralysis.
What you need first is not perfection. You need a plan.
As a CPA and Divorce Coach, I help women create clarity.
