Balanced Divorce Solutions

Knowledge is power, but, ignorance is not bliss

When contemplating or in the process of a divorce, your financial well-being and uncertainty about the future often causes tremendous stress. It is important to completely understand your financial situation before, during, and after divorce.

Understanding the full reality of your situation can give you a sense of control over your life. With accurate information you will be able to make informed decisions.

Your financial picture can be divided into 4 categories:

Assets
Liabilities
Income
Expenses

Knowing what they are, although they may change, is extremely important.

Divorce is very personal and emotions often run high. If you are not prepared you will be more likely to make decisions based on emotion, decisions that will significantly affect your life for many years to come.

Once you sign a settlement agreement, you must live with the outcome.

How to be informed:

In order to negotiate a divorce agreement successfully, it is frequently necessary to hire a team of professionals to guide you. In addition to an attorney and perhaps a mental health professional, you may wish to hire a Certified Divorce Financial Analyst (CDFA).

As a CDFA, we can take the offer that is on the table and project out up to 20 years so that you will know what you'll have to live on if you sign the proposed agreement. If the projections reflect that you're going to run out of money after only a few years, you will need to renegotiate your agreement. That is why is it is so important to meet with a Certified Divorce Financial Analyst before you sign your agreement. If this advice comes too late for you, a meeting is stil worthwhile. We can help with that short and long-term financial planning.

Why Use A CDFA?

Certified Divorce Financial Analysts are financial professionals who have graduated from The Institute of Divorce Financial Analysts. They complete training on financial issues specific to divorce. They are required to remain current in their education regarding matters of divorce, finance and taxation.

A CDFA can:

Become your personal financial advocate, or act as a neutral consultant to couples.

Evaluate a financial proposal and project how the proposal will impact an individual's financial stability in the future.

A CDFA can (continued):

Show you how different divisions of marital assets will affect you future.

Help you calculate child and spousal support

Determine the short-term and long-term financial impact of proposed divorce settlements

Divide pension and retirement assets

Explain tax and insurance issues

Examine bankruptcy, debt, and credit issues

Review claimed assets and expenses

Understand personal vs. marital property

We can help you achieve the fairest, most financially equitable divorce settlement possible.

Do Not Gamble With Your Financial Future!

Knowledge is power, but, ignorance is not bliss

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Questions that a CDFA can help you with:

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WHY use a CDFA?

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