Why should I hire a Certified Divorce Financial Analyst™? Can’t the attorney or my financial advisor do the same thing?
A CDFA™ has been trained as a divorce specialist in the financial analysis
and planning arena. You need a CDFA™ who understands the tax law
and other intricacies pertaining to the financial aspects of divorce. An
attorney is an expert on the legalities of a divorce.
What are the true benefits of using a Certified Divorce Financial
A CDFA™ can save you an enormous amount of time and legal fees by
helping you avoid the long-term financial pitfalls related to divorce
agreements. Your CDFA™ can help you develop detailed household
budgets to help avoid post-divorce financial struggles. He or she will
help you make informed decisions that are right for you and your family.
The best approach is to have a financial analysis that was completed by
a CDFA™ who has specialized software and knowledge about how the
tax laws may affect you. He or she can run different scenarios and
help you project your net work and cash flow into the future. This is
the assistance you need to make informed decisions about your future.
What can I do now, if I think we are going to be separating?
Avail yourself of copies of all pertinent financial information. Make copies of tax returns, paycheck stubs, real estate evaluations, information on your mortgage, copies of insurance policies - any and everything that has to do with your marital finances.
You may seek the services of a CDFA before you actually separate. Many clients have benefited from pre-separation planning. When it actually occurred they were well prepared.
My spouse won't come to your office with me -- will you work with just one person?
Certainly, I will work with just one of the parties involved.
Yes, you will need an attorney. I'll be happy to recommend choices to you.