What Does a Certified Divorce Financial Analyst Do?
If you’re preparing to divorce, you probably know that you will need an experienced divorce attorney to help you navigate the process. But did you know that you should also enlist the help of a Certified Divorce Financial Analyst? The Certified Divorce Financial Analyst will work closely with your attorney to make sure that the proper asset division strategies are in place and help you get the most out of your divorce settlement.
When it comes to asset division during divorce, there’s a lot to think about. If your spouse has generally handled the finances, you may be feeling especially lost when it comes to matters like retirement plans, investment accounts, insurance, and home equity. There are various issues to consider, including the possible tax liabilities associated with various settlement options. You want to make sure that you’re financially protected during and after your divorce, and that’s why a Certified Divorce Financial Analyst is an essential member of your team.
A Certified Divorce Financial Analyst will help with matters including the defining and distribution or property, division of retirement plans, child support, social security, insurance, and debt. Your CDFA will project the long-term implications of various divorce settlements to help your attorney argue your case and win for your best interests.
Your CDFA will also call on various other financial experts to help when needed. Certified Divorce Financial Analysts know when to call upon forensic accountants, valuation experts, and real estate appraisers to ensure that no assets are hidden and everything is appropriately appraised so that you get the full value of that which you’re entitled to.
The main thing that you need to know is that you don’t have to try to navigate the financial concerns of your divorce on your own. Certified Divorce Financial Analysts take on the task of figuring out every financial aspect of your divorce so that you can see your future clearly.
For more, see our Certified Divorce Financial Analyst Services