Planning for your future before you finalize your divorce

Before you finalize your divorce it’s important that you have a clear picture of your finances so that you can properly prepare for life after divorce and ensure that your divorce agreement is fair. One great way to ensure you’re setting yourself up for success is to complete both tax and cash flow projections with a Certified Divorce Financial Analyst now. 

A Certified Divorce Financial Analyst compiles financial data to support your case and helps you make informed, unemotional decisions about your future. The Certified Divorce Financial Analyst will work with you and your divorce attorney to achieve “fair and equitable,” not necessarily “equal,” distribution of assets. The objective is for you and your spouse to achieve a standard of living as close as possible to that established during your marriage.

To determine this standard, the Certified Divorce Financial Analyst will perform a lifestyle analysis including financial statements, income tax returns, expense lists, credit reports, projections for post-divorce needs, earnings potential for both you and your spouse, etc. This provides transparency as well as the financial basis for your new life.

It’s essential to complete both the tax and cash flow projections before you sign any divorce agreements. This will provide your attorney with a clear picture on what your financial life will look like post-divorce. 

If you are interested in learning more about our Certified Divorce Financial Analyst services, contact us today for a free consultation.