The decisions made about valuing and dividing marital assets and income during a divorce can impact you financially for the rest of your life. That’s why it pays to include a Certified Divorce Financial Analyst® (CDFA®) on your divorce team. While a divorce attorney can navigate the legal matters of divorce, a Certified Divorce Financial Analyst® (CDFA®) can help you understand the money implications of divorce.
Advanced Training in the Finance Field
A Certified Divorce Financial Analyst® is a financial specialist who has additional training in financial matters relating to divorce. They can help you analyze your financial situation, especially when it involves complexities such as self-employment, business ownerships, multiple properties and complicated employee benefits.
Their training covers a wide range of financial areas related to divorce, including:
- Personal vs. marital property
- Spousal and child support
- How to value and divide property
- Retirement assets and pensions
- How to split the marital home
- Other financial issues affecting divorce
A Certified Divorce Financial Analyst® will help you navigate the financial issues in a divorce and help you make financial decisions with confidence.
Divorce is a Separation of Finances
Divorce can be emotional and stressful. It can also be the biggest financial transaction of a person’s life. During a divorce, people make decisions about how income and assets are divided and about child custody, if the couple has minor or disabled children.
Because the decisions made during a divorce could affect you financially for the rest of your life, it’s important to have an expert who can help you with these major financial decisions, especially if you have been married a long time, have significant property, assets or pensions, or you have not always handled the finances. A financial expert can address issues such as valuing assets, the tax consequences of certain options, and understanding what certain settlements might look like for you in the short-term and long-term.
Experts in Our Field
While traditional financial advisors or CPAs can address many financial issues, they haven’t had specialized training in the intricacies of financial planning in the divorce arena. Just like most people going through a divorce hire an attorney who specializes in divorce, you should consider hiring a financial expert who specializes in divorce.
In addition to being Certified Divorce Financial Analysts®, we have training in divorce mediation and collaborative divorce. We can work with both you and your spouse to mediate a settlement, or we also offer services such as a Financial Advocate to assist one party.
Get in Touch to Learn How We Can Help
The divorce process can seem overwhelming. We can be your trusted partner to help you achieve the best financial outcome. Get in touch with us today to schedule an initial consultation. Our office can be reached at 937-471-4654.