I ran into an article titled “What Does a Divorce Financial Planner Bring to the Table?”. The article is written for a reading audience of professional Certified Financial Planners but for the rest of us it is a helpful summary of what a Certified Divorce Financial Analyst can do for a divorcing person and a divorcing couple.
From the article:
I have spoken to individuals who will not get a divorce because they fear the financial consequences. They find it more appealing to stay in an, at best, unhealthy or, at worst, abusive relationship rather than become a “bag lady” or “bag man.” The recent drawn-out recession is only making things worse as two households struggle to survive on the same dollars that used to support just one.
In comes the divorce financial planner. A divorce financial planner is trained and knowledgeable about your state’s divorce laws as well as personal financial planning. They are fee-only planners who work within the context of the legal divorce process. The most prevalent designation for training is the Certified Divorce Financial Analyst™ (CDFA™). Working with a financial divorce expert can help preserve a family’s finances—which is crucial today more than ever.
Here’s a link to the article “What Does a Divorce Financial Planner Bring to the Table?“
If you’d like to learn more about how to find a Divorce Financial Analyst or how one might be helpful to consult in your divorce, give us a call at Arnold Law and Mediation.