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Planning for your future as well as your children's is an essential part of every divorce settlement. Establishing a team to help you through this difficult period is paramount to your well-being.
- Take control of the divorce process
- Gain a clear understanding of your current financial picture
- Gain a clear understanding of your future financial picture
- Be more focused on reaching a fair and workable settlement
- Negotiate more effectively
- Ensure a faster resolution of all financial matters, equitably, for both spouses
- Minimize legal fees
- Minimize taxes
- Maximize marital assets
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REVIEW CURRENT SITUATIONLONG TERM PLANNING
- Compile, Organize, and Value Assets
- Analyze Liabilities
- Estimate Immediate Needs
- Prepare Statements of Net Worth
- Develop Realistic Budgets
DIVORCE SETTLEMENT ANALYSIS
- Discuss and Prioritize Goals
- Estimate Career Training Cost and Time Horizon
- Estimate Future Earning Potentials
- Estimate College and Educational Costs
- Compare After-Tax Asset Sales
- Project Retirement Needs
- Analyze Insurance Needs
POST DIVORCE
- Look at After-Tax Proposed Settlements
- Estimate Maintenance Needs
- Analyze Long Term Cash Flow and Net Worth
- Compare and Contrast Settlement Proposals
- Develop Alternate Settlement Proposals
- Oversee Asset Transfers
- Set Up Budgeting and Money Management Systems
- Manage Investments
- Monitor Results
- Update Plans
For additional information about the Association of Divorce Financial Planners or divorce financial planning or for help in locating a divorce financial planning practitioner in your area, call 888-838-7773 or Click Here.