Thursday, April 7, 2011

Adding a Divorce Financial Planner to Your Team at the Beginning

As a couple goes through the divorce process, they will be required to make many decisions that will impact their financial well-being for years to come. The best decisions come from an early understanding of settlement alternatives and consequences before making agreements.

It often happens that both parties make assumptions and decisions out of fear and anger. Early analysis and illustrations provided by Divorce Financial Planners open discussions, expanding the likelihood of finding workable solutions.

Divorce has layers of complexity such as what is the income available, what are the current living expenses, and what will they be in the future. That’s just a few of the income and support questions, not to mention taxes. What about the property division questions such as can we afford the house, how do we split the pension plans, and what about the debt.

With the multiple shifting components of divorce financial alternatives, its no wonder divorce can be very expensive and emotionally exhausting.

Divorce Financial Planners help clients with the simple and the complex financial settlement analysis necessary to make informed decisions.

Illustrations provided by Divorce Financial Planners are tools to give clients clarity and assist their negotiations.

Divorce Financial Planners work with individuals and couples from the beginning of the divorce through the end or as needed for a specific task such as pension division or net cash flow analysis.

Divorce Financial Planners work with clients who are self-representing, in mediation, in collaborative process, and in litigation. Divorce Financial Planners work with attorneys, mediators, and other professionals as part of a cooperative team to give clients the best outcome possible.

There is a smart way to divorce, a way to see choices and consequences before you sign your agreement by using the help of a divorce financial planner. The Association of Divorce Financial Planners can help you find a financial planner in your state.