California Divorce Start Your Divorce Find Professionals California Articles Divorce Facts Divorce Grounds Residency Divorce Laws Mediation/Counseling Divorce Process Legal Separation Annulments Property Division Alimony Child Custody Child Support Divorce Forms Process Service Grandparent Rights Forum California Products Divorce by County
Agreements Attorney Relationship Custody & Visitation Child Support Collaborative Law Counseling Divorce/General Domestic Abuse Domestic Partnership Financial Planning Foreign Divorce Mediation Parenting Property Division Spousal Support
Cost Savings of Working with a Certified Divorce Financial Analyst (CDFA)
There are many ways in which a Certified Divorce Financial Analyst (CDFA™) can save you money, time and stress when evaluating your family financials to aid in structuring your financial settlement, whether "pre-divorce" or at any time during your divorce process. The following summary will help you understand in greater detail how significant cost savings accrue to your family financial asset picture.
Pre-Divorce Planning Cost Savings
In-Process Cost Savings
Post - Divorce Cost Savings
The CDFA™ is not ethically allowed to also benefit financially from selling or promoting investments/investment management services to either party. A good CDFA™ will however, help you with finding the right professionals to assist you with managing and protecting your assets; planning for your financial future and providing; financial security.
There are many ways to maximize the financial opportunities provided by law in preparing for and structuring your marital settlement agreement. This, combined with knowing exactly how your financial outcomes will play out in one scenario compared to another, saves time and money both "pre-", "during", and "post" a divorce action, whether you are working with a litigator, mediator, Collaborative process or doing it yourselves.
Certain highly emotional discussions are circumvented, when you have all the facts at your fingertips. Knowing ahead of time exactly what you are agreeing to in your marital settlement agreement, also puts your mind at ease about whether the money will last and knowing exactly how the settlement will impact your lifestyle - both now and in years to come.
While divorce is not a pleasant situation to begin with, and often one in which we feel very little control, many have found that by using a CDFA™ and realizing significant cost savings, they gain comfort from knowing they made the most informed decisions possible and will skip the part about later regrets.
In a summary dissolution, a hearing with the judge is typically not needed. A marriage of five years or less may be ended by summary dissolution, which is a simplified procedure to terminate a marriage in the state of California. With a summary dissolution, a joint petition is filed when 1) either spouse meets the standard residency requirement, 2) the marriage is irretrievably broken down due to irreconcilable differences, 3) the marriage is childless, 4) the wife is not pregnant, 5) neither spouse owns real estate, 6) there are no unpaid debts greater than $4,000, 7) the total value of community property is less than $25,000, 8) neither spouse has separate property (excluding cars and loans) of greater than $25,000, 9) the spouses have reached an agreement regarding the division and distributions of assets and liabilities, 10) both waive their rights to maintenance and appeal; 11) both have read a brochure about summary dissolution and 12) both desire to end the marriage.
Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Established in 1996
© 1996 - 2021 MH Sub I, LLC dba Divorce Source. All Rights Reserved.