A Certified Divorce Financial Analyst is a trained professional who has passed certain tests to become a financial analyst specializing in divorce issues. A Certified Divorce Financial Analyst is commonly used where there are large marital assets or a business to be divided.
When going through a divorce you want to be concerned with identifying and fairly splitting assets such as home furnishings, investment accounts and pension funds. You also want to be concerned with the long-term financial impact of the divorce. A Certified Divorce Financial Analyst helps clients take care of not only their short-term needs but their long-term needs also.
Using a Certified Divorce Financial Analyst is there to help you negotiate a divorce settlement that will be fair to both spouses. They also provide spouses with the knowledge needed to make sure that after the divorce they will be secure in their financial needs.
A Certified Divorce Financial Analyst will help you better understand such financial isssues as:
- What constitutes marital property.
- How to put a value on marital property and divide it.
- How retirement accounts and pension funds are divided.
- Whether you should keep your house, sell your house or refinance your house and hold onto it as investment property.
- Whether a spouse should receive alimony, how much they should receive and how to get the most from any alimony received.[/p
- You will learn the tax implications of any decisions you make during the negotiation process.
- They will help you set up a budget that will help ease you into single life with a single income.
- You will know the long-term implications of your divorce settlement before you sign it.
- You will have someone who can give you an in-depth financial analysis and be available to support your case should you go to divorce court.[/ul
If you are divorcing and have accumulated a large amount of marital assets or, you own a business with your spouse you should consider hiring a Certified Divorce Financial Analyst. For more information visit the Institute For Divorce Financial Analyst.
