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Divorce Wealth Planning

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Divorce can be a complex and stressful transition in life, especially when it comes to the finances. It is not unusual for someone to make emotionally driven financial choices rather than using sound logic. A divorce wealth planner can help minimize the stress that comes with the financial decisions and challenges around money and divorce.

What does a Divorce Wealth Planner Do?

  • Can support you at any or all points of the divorce process: before, during and after.
  • Creates a comprehensive plan (as described in the benefit section below).
  • Provides education which can help eliminate the fear of the financial unknown.
  • Brings a whole-picture perspective to help you address desirable financial outcomes.
  • Plays a critical role in educating and working with all parties involved, including attorneys and other financial professionals such as CPA’s, mortgage brokers or forensic accountants.
  • Can help prevent costly emotional decisions with the help of understanding the impacts of each financial decision made in the divorce.
  • Help you feel confident through the process and as you start your new journey.

What are the benefits and deliverables?

The planner creates a comprehensive plan which can encompass:

  • Organization and analysis involving the division of assets and liabilities.
  • Analyzing applicable spousal and child support payments.
  • Education of any applicable complex financial products such as annuities, mutual funds, or life insurance.
  • Feasibility involving the sale, purchase, or refinance of real estate.
  • The positives and negatives of asset selection including but not limited to liquidity, penalties, and tax implications.
  • The overall impact of a divorce on your short-term and long-term financial goals, for example, retirement or college funding for your children.

Click to download our eBook, Navigating Divorce: Getting Back on Solid Financial Ground