All too often divorce statistics can become personal realities for many individuals. Divorce can bring financial burden upon both parties and, when there are children involved, may strain family relationships.

One way individuals might lessen the financial burdens of breaking up is through the use of a Financial Professional with special training in the divorce situations, such as those with a CDFA™. These financial professionals help clients maximize the value of the monetary settlements they ultimately accept and show them different ways to address long-term needs during the negotiation process.

A specially trained Financial Professional can work with divorce Attorney’s, Mediator’s and Collaborative Practices helping you to create and reach a durable and long lasting agreement.

You, as a client, select a Financial Specialist to help you:

  • Identify financial hopes, concerns, goals and objectives
  • Gather and organize your financial data
  • Understand the financial implications of your settlement options; including effects of taxes and inflation
  • Provide the financial reality check you need to move forward
  • Increase your knowledge so that you are confident in making your own financial decisions

A Financial Specialist assists you by;

  • Facilitating safe, honest and informed financial conversations
  • Providing an objective assessment of your finances
  • Utilizing charts and graphs to help you understand the estimated financial results of settlement ideas
  • Presenting financial reports and cash flow charts to you, your CPA and your attorney to help ensure complete understanding
  • Helping you to utilize the financial data to promote conversation and settlement

Engaging a Financial Specialist early on in the process has helped divorcing couples take a more proactive role in their own finances. Please keep in mind that these financial specialists do not offer specific tax or legal advice.

Separate from the financial plan and our role as financial planner, we may recommend the purchase of specific investment or insurance products or accounts. These product recommendations are not part of the financial plan and you are under no obligation to follow them.