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When should you hire a certified divorce financial analyst?

On Behalf of | Mar 11, 2022 | Divorce Mediation |

Married couples in Florida going through a high-asset divorce strive to protect their wealth. They might want to hire a certified divorce financial analyst.

What is a certified divorce financial analyst?

A certified divorce financial analyst o is trained in all the financial areas of divorce. They have the credentials to help clients by coaching them on all financial matters related to the split.

Why should you hire a CDFA?

There are a variety of reasons why hiring a CDFA would be right for your divorce. The CDFA can help you with the divorce expenses. They can help determine how much you might expect to spend during the divorce and after it’s final. The CDFA can paint you a clearer picture of how much money you would need post-divorce for your budget after taking into account things like spousal support and child support. This can help you to be better prepared for your new financial situation after your divorce has been finalized.

A CDFA can help you with aspects such as the division of property. Often, when you have to divide financial accounts and investments, it can be complex, which makes it necessary to have a professional who knows all the ins and outs of these matters. The CDFA can make things easier and find a solution that’s fair and equitable for both you and your ex.

If you and your estranged spouse have children, a certified divorce financial analyst can help you determine how much money should go toward the welfare of the kids. The CDFA can work with both of you to figure out how much money each of you would pay toward supporting them and how you can work together to ensure that those costs are met.

Choosing the right CDFA is important. You should interview a few prospects before settling on the one to hire.

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