Lawrence and Sarah have been married 20 years, and have one son, Carl (age 12). Lawrence is 42, makes $92,000 per year, will retire at age 66, has living expenses of $30,120 per year and will receive social security benefits of $24,520 per year when he retires.
Sarah is 40, makes $20,800 per year, will retire at age 67, has living expenses of $35,800 per year until Carl is age 19. Then her expenses will go down to $30,000 per year. She will receive social security benefits of $12,260 per year (one half of Lawrence's) when she retires.
A CDFA has:
Graduated from the Institute for Divorce Financial Analysts.
Extensive financial expertise in the fields of financial planning, accounting, or law.
Received specialized training in the financial issues of divorce.
Fulfilled continuing education requirements.
You will benefit from:
The fact that case preparation and settlement is easier - we do the detailed financial work for you
Reduced liability by having in-depth financial research to support your case
Reliable expert witness testimony if your case goes to court
A Certified Divorce Financial Analyst can help you achieve the fairest, most financially equitable divorce settlement possible for your client.
We help you and your divorcing client address the special financial issues of divorce with data that can help achieve equitable settlements. A CDFA is trained to:
Produce powerful case exhibits in the form of spreadsheets and graphs
Give you professional support to know you've covered all the financial "basis"
Provide a rock-solid personal financial analysis for your client
Make sure your client understands the short-term and long-term financial impact of different settlement proposals