Divorce Planning

  • Divorce Planning

    Divorce Planning can present many financial challenges along with the emotional impact on family and children.

    Part of our job involves helping you to understand the financial outcomes of your divorce settlement options in advance.

    Our goal is to help navigate a good, clean settlement during your mediation in a timely manner and help to avoid driving your anguish – and legal fees- into the future. While in many cases it is never that easy to get divorced, you can rest assured that our team is in your corner.

    How We Can Help:

    Divorce financial planning can help provide an up-front inventory and ownership list of current family assets, debts and insurance- along with possible separation /divorce scenarios up front.

    Our firm can work as your financial coach and advocate on a multitude of issues. We can help you to get financially uncluttered (and organized) in the short term- while working to help secure your financial future and retirement.

    We are here to help reduce your worries and stress so that you can focus on what’s important: YOU! Some of the next steps we can help you to review may include the following areas:

    • Financial Planning: Providing cash flow, liquidity, retirement, tax strategies and other financial ramifications before and after your divorce.
    • Estate Planning: A review of your new (future) estate planning goals and options for your immediate family and those under your care.
    • Wealth Management: Helping you to open and to consolidate your new brokerage and retirement accounts in your name-once divorce is finalized.
    • Insurance Assessment: Helping you to access and implement your insurance needs (life, disability, long-term care.
    • Retirement Readiness: Address your short-term needs and your long-term retirement goals at the same time.

    Pre-divorce financial planning check-list items:

    • Gather your most recent monthly bank and brokerage statements
    • Organize your household cash flow and bills you will be responsible for moving forward
    • Avoid making any quick, large moves or purchases with your money or assets before the divorce is finalized
    • Do not sign anything or consult with your ex without a full agreement with your financial/legal team
    • Check any safe-deposit boxes while documenting and taking photos of the contents
    • Locate all tax returns for the past year and verify that all taxes owed have been paid
    • Consult your attorney on your options for your primary residence before moving

    Give us a call!

    Experience the difference of working with an accredited advisor and experienced team that truly cares about what matters most to you and your family.

    Contact us today at (561) 210-7887 for a no-obligation consultation for divorce financial planning or complete the form below and we will be in touch shortly!

Ready to take the next step? Contact us to get started today!