Several dynamics are involved in divorce: emotional, legal, and financial. In most cases a married couple or registered domestic partners going through a divorce are unaware of the financial ramifications of their contemplated settlement agreement. The divorcing parties need the financial professional as much as they need their attorneys and mental health specialists. Issues such as budgeting, property division, tax liabilities, family support, child support, real estate values, refinancing of home loans, business and pension valuations, and debt are all interdependent elements of the divorcing family's financial future. The fact that two households now have to live on potentially the same income level that previously supported one household underscores the importance of financial planning. A Certified Divorce Financial Analyst is specially trained to recognize potential tax problems, analyze all relevant financial information, and evaluate settlement proposals.

My emphasis is to be a part of your divorce process from the beginning. The more information you have at the beginning of your divorce related to your finances, the less time and money you will spend worrying and considering possibilities that later are determined not to be in your or your family's best interests. Worse yet, you may not find that out until after the divorce is final and it is too late to repair the damage. Many of my former clients who have come to me in the middle or at the end of the negotiating phase have said they wished they had come to me sooner rather than later. So much time and money had been wasted.

Financial knowledge is power. I am here to support you, to help you preserve your family's wealth, and to minimize your stress and anxiety caused by lack of understanding of the finances and the divorce process itself.

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DISCLAIMER:The information you obtain at this website is not, nor is it intended to be, financial or legal advice. Jude Sterling recommends you consult with a financial or legal expert for individual advice regarding your own situation.

Judith F. Sterling, CDFA, CPA
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