In addition to a divorce lawyer, many complicated divorces involve the services of specialized accountants, who help calculate the cost (or the benefits) of dependent exemptions.
Since finances are almost always an issue in any complicated divorce, a assets.
Other financial specialists may come into the picture depending on the particularities of the marital estate. A Certified Divorce Financial Analyst (CDFA) TM is an expert who has passed examinations to become a specialist in divorce financial issues. This person may also be a Certified Financial Planner. A CDFA works with divorcing couples who must weight tax considerations in the division of a marital estate. A CDFA might be the person who recommends that a couple postpone divorce for a time for a mutual financial advantage.
In the aftermath of a divorce, many couples avail themselves of the services of a estate planning in the light of change circumstances.
The specialization of financial planners come in many different shapes and sizes. An accountant often provides a wide selection of services, from the audit of a business to the assessment of an employee benefits plan. A Certified Public Accountant can oftentimes operate as a specific tax consultant; however, not all do so. For people with tax concerns, the Enrolled Agent, a tax specialist licensed to practice before the Internal Revenue Service, might be the best place to begin consultations.
An actuary may enter the picture who appraises of the future return on the marital portion of a spouse’s pension.
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Of course, not all divorcing couples need all these financial professionals, and in some cases even complicated divorces can be executed with only the assistance of a lawyer and a CPA.
See Certified Divorce Planner (CDP); Certified Divorce Financial Analyst (CDFA) TM; Certified Financial Planner (CFP); Certified Fraud Examiner; Certified Public Accountant.