Divorce Wealth Planning

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.

If you have any questions, please don't hesitate to contact us for a complimentary consultation.