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Financial Planning

The financial ramifications of a divorce can be devastating. But with proper planning and expert help from professionals specializing in financially equitable divorce settlements, you can increase your chances of arriving at a settlement that fully addresses your long-term financial needs -- and your spouse's too.

What's missing in most divorce processes is financial expertise. A qualified financial planner or Certified Divorce Planner can forecast the long-term effects of the settlement.

By using a Certified Divorce Planner, both partners have a clearer view of their financial futures. Only then can they approach a settlement that fully addresses the financial needs and capabilities of each.

What you need to know:

About Divorce Financial Planning: Planning for the future is an essential part of every divorce settlement. Separating or divorcing couples often face a major transformation in each of their financial circumstances.
How Divorce Financial Planning Helps: Planning for your future as well as your children's is an essential part of every divorce settlement. Establishing a team to help you through this difficult period is paramount to your well-being.
The Value of a Divorce Financial Planner: A Divorce Financial Planner is a valuable resource when contemplating a divorce, while the divorce is in progress, and after a divorce.
The Most Important Steps in Securing Your Financial Future: Divorce is wrought with extreme emotional and financial turbulence. Histories that bound families, friends and home life are disrupted. Standards of living are often changed, not just for spouses but for the children as well.
Divorce Planning Case Scenario: This sample case illustrates the value of financial planning as a means of reaching more equitable divorce settlements. If the court's intent is to treat both parties in a divorce as equitably as possible, it is essential to analyze the marriage as if it were a financial contract, with tangible investment into it by both parties.

Suggested Reading

Divorce & Money: How to Make the Best Financial Decisions
This book is a practical guide to evaluating assets during divorce. It explains how to determine the real value of marital property including houses, businesses, retirement plans and investments and how to negotiate a settlement that is fair to both sides.

Authors: Violet Woodhouse & Dale Fetherling

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