What can a CDFA® do for you?
As a Certified Divorce Financial Analyst® with more than fifteen years of experience, Regina works together with clients and attorneys to guide them through the financial complexities of the divorce process. The role of the CDFA® professional is to assist the client and his or her attorney to understand how the decisions he or she makes today will impact the client’s financial future.
Much of a CDFA® professional’s role is collecting the client’s financial data and performing analysis. CDFAs can help manage a client’s expectations of their financial future by presenting different scenarios and talking through the client’s budget and expenses. Financial divorce analysis helps to focus on a stable economic future. This also helps prevent long-term regret with financial decisions made during the divorce process.
In short, a CDFA® professional is best at providing advice on:
- collecting financial and expense data
- valuing assets and debts
- valuing a family home
- dividing retirement and pension accounts
- the amount and duration of alimony
- tax implications of alimony and property division
- identifying future financial goals
- developing a budget
- setting retirement objectives
- setting up a financial plan for life after the divorce
