Divorce Financial Planning

DIVORCE IS INTENSE

When you said, “I do,” chances are didn’t think you’d ever be saying, “now I don’t.” Few experiences in life match the range of emotions you experience during divorce – and that’s something I know personally. I’ve been there, too. And my experience is what motivated me to use my platform to help others through such a difficult time.

Because in the depths of those emotions, you shouldn’t be worried about the financial outcome.

If you’re getting divorced, you’ll be making important decisions about complex legal and financial issues. Whether you know what your end goal is, or if you have no idea where to even begin, there are probably dozens of questions running through your head.

Do you have a full picture of the assets that you and your partner own? How are they going to be divided fairly? Will you have enough income to provide for yourself and your children? Can you afford to keep your house?

What about future needs? College for the kids? Retirement funds? What happens to your health insurance coverage when the divorce is final? Could you be surprised by a tax bill? What is inflation going to do to your settlement 10-15 years from now?

But that’s why I’m here.

I can help answer each of your questions, and educate you so that you’re making the best decision possible. I won’t tell you what to do. Instead I will empower you with the knowledge you need to feel confident in your decision.

There are very few people with the expertise to work through the many issues that come along with divorce. And each divorce is completely unique! Divorce Attorneys provide an invaluable service for the legal process of divorce, but are rarely equipped to guide their clients through the financial aspect.

How do we help divorce attorneys prepare for their cases?

  • Collecting and analyzing data regarding the assets and liabilities of both spouses
  • Preparing financial affidavits as well as pre- and post-divorce budgets
  • Calculating both short-term and long-term effects of dividing property
  • Helping clients avoid tax traps
  • Analyzing pension and retirement plans
  • Determining the cost basis and capital gains on the sale of the shared home
  • Determining if our client can afford to keep the shared home, and if not, what he/she can afford
  • Evaluating the insurance needs of our clients
  • Determining earning capabilities and actual income (in the case of self-employed spouses)
  • Discuss options for your post-divorce estate planning needs
  • Present evidence to show the financial impact of different settlement options or information related to financial, tax, investment, or retirement plan issues

You Need and Expert in Your Corner

Like I shared above, I have been there. I know what it’s like to get divorced. My experience became the motivation for me to take the additional training required to become a Certified Divorce Financial Analyst® (CDFA™).

I have completed specialized training, and this has become a passion of mine – helping others who are going through the nightmare of divorce. I know that it’s possible to avoid the many financial obstacles and pitfalls, and I want to help.

I was the first financial advisor to bring this specialization south of San Antonio. You can read more about how I did it and why here. (link you sent me about your certification)

To find out more about this service, visit Thomas Divorce Advisors, LLC