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Yes. A divorce financial analyst will help you to better understand your current situation during a divorce and will help you evaluate possible settlement proposals and the impact of a settlement post-divorce.
The role of a financial planner is to help people define and achieve their financial goals regardless of whether they are divorcing or happily married.
A marriage contract includes private, custom-made rules that outline how a marrying couple will divide property and assets should they separate or divorce. Also called a Prenuptial Agreement.
Spousal support includes the income and earning potential of one spouse with the means and resources to help "support" the other spouse after a divorce.
A divorce worksheet is used to organize two spouses' personal and financial information to assist in preparing for a divorce.
The Institute for Divorce Financial Analysts found the top five causes of divorce in 2021 are basic incompatibility, infidelity issues, money issues, emotional/physical abuse, and addiction a/o alcoholism.
Yes, there are special tax and legal requirements during a divorce that all financial advisors/financial planners have not been trained to address.
Divorce financial planning focuses on personal and financial strategies that help someone achieve the best possible divorce settlement for their situation.
The fees vary based on location, type of analysis, and the practice of each CDFA professional. The 2021 survey of CDFA professionals showed charges average between $150 and $300 an hour.