Making Financial Sense of Your Divorce

 

 

 

 

 

 

 

Going through a divorce can be very overwhelming and emotional, so it’s easy to overlook some of the financial ramifications of the process. Those financial ramifications, however, can be extremely significant to both spouses, and mistakes or oversights on either side may have a life long impact on one’s financial well-being. Once a divorce settlement has been signed and filed, it is relatively binding and extremely difficult to amend. Making financial decisions without the help of a Certified Divorce Financial Analyst can be detrimental to your financial stability down the road. Don’t take the risk.

 

To be fully prepared for the divorce settlement process, you must have two things: A good attorney, so that you are fully informed of your legal options, and a good financial professional, so that you fully understand your financial situation & the potential financial outcomes associated with each of those legal options. Divorce lawyers specialize in the law, not in finance, so unique financial circumstances call for a uniquely qualified financial professional.

 

As a Certified Divorce Financial Analyst, Michael Bean can offer you an invaluable perspective on your financial situation throughout the divorce process. As you enter into the process of divorce, he will assess your unique situation, from asset valuation and tax concerns to insurance needs. During settlement agreements, he can provide projections and visual representations of financial data that will strengthen and validate your legal case.  And after your divorce has been filed,  he will work with you on post-divorce budgeting, tax planning, and financial planning, helping you move forward and prepare for your financial future.