There are no guarantees that working with an adviser will yield positive returns. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). All investing involves risk, including loss of principal. This is not an offer to buy or sell any security or interest. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. SmartAsset does not review the ongoing performance of any RIA/IAR, participate in the management of any user’s account by an RIA/IAR or provide advice regarding specific investments. SmartAsset’s services are limited to referring users to third party registered investment advisers and/or investment adviser representatives (“RIA/IARs”) that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. Securities and Exchange Commission as an investment adviser. We bring together experts to help you prepare for divorce, including Certified Divorce Financial Analysts.SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Sign up for the next Second Saturday Divorce Workshop near you. If you need a CDFA in Austin, TX, contact Second Saturday Leader Melanie Johnson at Divorce Financial Solutions. Still not sure if hiring a CDFA is right for you? Find one near you and meet them in person. A Certified Divorce Financial Analyst will give you a realistic vision of your financial situation after your divorce so that you can plan and prepare with confidence. This fear may even keep women in unhappy or abusive relationships. So many women are terrified of becoming “bag ladies” after their divorce. Provides ongoing financial counseling after the divorceĪ good CDFA can truly do a lot, but perhaps their greatest skill is to help alleviate your financial fear and uncertainty as you approach your divorce.Models your net worth, cash flow, savings and investments for the near and distant future after divorce.Helps you create a realistic budget during and after the divorce.Educates you about the complex financial aspects of your divorce, including the tax implications of dividing assets.Makes strategic recommendations to negotiate your divorce settlement (often at a lower hourly rate than a divorce attorney).Helps you understand the full financial implications of your divorce.Helps you re-assess your risks and reimagine your estate planning needs. Helps you work through complicated financial issues, such as ownership stakes in businesses or stock options owned by one spouse.Identifies retirement accounts and pension funds.Helps determine if you can ask for child support and how much.Helps you determine if you can ask for alimony and how much.Determines which property is separate property (yours or your husband’s) and what is marital property that needs to be divided in the divorce.Figures out all of the assets and debts that you and your spouse own.Conducts a full assessment of the divorcing couple’s financial affairs.Here is a more comprehensive list of what a CDFA typically does for his or her clients: CDFAs also use sophisticated software to make forecasts that can help you begin planning for your post-divorce financial life. In a nutshell, the CDFA’s job is to gather your financial information, analyze that information, and help you achieve a good financial settlement in your divorce. 2 Addressing Fear and Uncertainty What Does a CDFA Do?
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