Divorce is an intense time filled with emotion—and often difficult financial decisions. Making quick emotional decisions and financial choices will affect you for the rest of your life.
Through JJ Investment Company, you can work with a Certified Divorce Financial Analyst (CDFA) who can help you plan for the financial impact a divorce may have on you. CDFAs are specially trained to help you make well informed financial choices. A CDFA works with individuals, couples, attorneys, mediators and collaborative teams during all phases of divorce. They can help provide financial clarity and help you plan for the financial changes a divorce can bring.
WHY YOU CAN USE OUR HELP: You have questions like “Will I be ok?” “Should I keep the house?” Those going through divorce often under estimate or omit expenses. Assets are rarely split equally.
WHAT WE CAN DO TO HELP YOU: Document your current (marital) financial standard of living. Review, identify and advise objectively on settlements and help you make informed decisions. Create a road map for your financial future by prioritizing goals, developing realistic expectations and producing written plans.
HOW WE DO THIS: Review and analyze all aspects of your financial situation from credit card bills to tax returns to your benefits. Set up budget and money management systems. Examine your attitude with money and work with you to create a plan that works for you.
Top Five Reasons to Hire a CDFA
Financial analysis conducted early in the divorce process can save time. The average length of the U.S. divorce process is one year—of which much time is often spent trying to understand the financial aspects. A CDFA can explain all financial aspects of process and help you make educated decisions.
A CDFA can help you save money during the divorce process. By using a CDFA, you can have a clearer view of your financial future. A CDFA can educate you by providing a thorough knowledge and understanding of the often-complicated financial decisions.
A CDFA can help you to avoid long-term financial pitfalls related to divorce agreements. Working with you and your attorney, a CDFA can forecast the long term effects of the divorce settlement—helping you balance short and long-term financial needs.
A CDFA can assist you with developing detailed household budgets to help avoid post-divorce financial struggles. A CDFA can help you think through what the divorce will really cost in the long run and develop a realistic monthly budget during the financial analysis process.
Using a CDFA can reduce the amount of apprehension and misunderstanding about the divorce process. Financial divorce analysis helps to ensure a good, stable economic future and prevents long term regret with financial decisions made during the divorce process.
JJ Investment Company are NOT ATTORNEYS AND DO NOT PROVIDE LEGAL ADVICE. All information they provide is financial in nature and should not be construed or relied upon as legal advice. Individuals seeking legal advice should solicit the counsel of competent legal professionals knowledgeable about the laws in their geographical areas. Some information here has been reprinted with the permission of the Institute for Divorce Financial Analysts.
Please consult a tax and legal professional before making any decisions.
WHY YOU CAN USE OUR HELP:
You have questions like “Will I be ok?” “Should I keep the house?”