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The Divorce Encyclopedia
Certified Divorce Planner (CDP)

Term Definition Certified Divorce Planner (CDP) - a specialist in providing financial advice to those who are divorced or contemplating divorce.
Application in Divorce Some couples find the prospect of dividing their marital property overwhelming. When couples have large marital estates, a CDP can help them in the division of what they own and what they owe.

Since one of the most prominent issues in any divorce is the financial aspect, the employment of a certified divorce planner frequently comes into play. This, of course, is dependent upon the nature and scope of a particular couple’s assets.

A few things with which a that divorce planner will assist you:

- Which assets are feasible for you to keep.
- Help you understand your tax consequences.
- Whether to take a lump sum or deferred distribution in regards to retirement funds.
- Investment advice for education funding for the child(ren).
- Recommending changes in your will and estate planning.
- Point out cash resources for immediate income.
- Set realistic and obtainable financial goals.

Resources: See CDFA.

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