Divorce Financial Planning
Divorce can be very complex and represents one of the biggest financial turning points some individuals will ever face. Emotions run high and once the divorce is finalized, some decisions are irrevocable.
Team member Lana Hock has completed study through the Institute for Divorce Financial Analysts to obtain the Certified Divorce Financial Analyst (CDFA) designation. CDFA professionals help clients determine the short-term and long-term financial impact of any proposed divorce settlement. They also provide valuable information on financial issues that are related to the divorce, such as tax consequences, dividing pension plans, continued health care coverage, stock option elections and much more. CDFA professionals also help attorneys by helping the client make financial sense of proposals. CDFA professionals give lawyers the tools they need to help prove their case.
Top Five Reasons for Hiring a Certified Divorce Financial Analyst*:
- Financial analysis conducted early in the divorce process can save time.
- A CDFA can help their client save money during the divorce process.
- A CDFA can help his/her clients to avoid long-term financial pitfalls related to divorce agreements.
- CDFA professionals can assist their clients with developing detailed household budgets to help avoid post-divorce financial struggles.
- Using a CDFA professional can reduce the amount of apprehension and misunderstanding about the divorce process.
If your attorneys or mediators have suggested you contact us, it is because they, too, have observed the impact our analysis and advice can have on your anticipated outcome. Contact us for more information.