During divorce, it’s important to get a solid understanding of your finances. Simply put, financial mistakes today can cost you for the rest of your life. Regardless of where you may be in the divorce process, there are key financial decisions you need to make.
Emotions run high in divorce and chances are you’re feeling overwhelmed. It’s hard to stay focused on the big picture given the complexities involved. The decisions you make today will position you for the future. The role of the certified divorce financial analyst (CDFA™) is to assist a client and his/ her lawyer/ mediator to understand how the divorce financial planning decisions made today will impact the client’s financial future.
Getting divorced without a financial plan is like driving on a highway without your headlights. You have no idea where you’re going.
Divorce is one of the biggest life transitions. It has a huge impact on your finances – both short-term and long-term.
If that’s the case, why don’t more people divorce with a plan?
There are several reasons. One, it’s hard to have a plan when you’re not sure where to start. Two, it’s hard to plan when you’re riding an emotional rollercoaster. You need a voice of reason. You need someone to help you see clearly so you can plan for the future. You need a PA divorce financial planner with your bests interests in mind.