What is a Certified Divorce Financial Analyst®?
A CDFA® is someone who comes from a financial planning, accounting, or legal background and goes through an intensive training program to become skilled in analyzing and providing expertise related to the financial issues of divorce.
As a CDFA®, my role is to assist you to identify the short-term and long-term effects of any given divorce settlement option. This may include how the division of property, combined with new or revised income streams, tax implications, and other financial issues relevant to your divorce, will impact your financial future.
Even if you have NOT yet engaged with an attorney, gathering and discussing the above is just as important because you may find the data easier to collect BEFORE things get strained. Remember, Think Financially, Not Emotionally. Your financial future depends on it.
Sage Wealth and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation.
The first step? A phone call
- You'll have an initial call with Rebecca to let you know more about our practice
- Next, we schedule a 30 minute call with Stacie - it's complimentary!
Ready to Dive in?
- Agree to work together
- Refocus on your financial priorities
- Data Collection
- Stacie will analyze your data and prepare for your first meeting.
It's Time to Meet: Data Review
- Review current financial picture
- Fill in any informational gaps
- Do we have all that we need to prepare options?
- Action items for you
Meeting #2: Scenario Review
- Review cash flow reports
- What would a 50/50 split look like? Is it equitable?
- Other potential asset split options
- Other reports to help prepare you for negotiations
Subsequent Scenario Review Meetings
Where you are in the process and how complex your case is will determine the number of scenario review meetings you need.
Settlement Review Meeting
Received an offer? Let’s dig in to be sure you know what it means for you and your financial future.
What Should I Do First If I'm Getting a Divorce?
Remember, think financially not emotionally! If you are considering a divorce or have just filed, the earlier you begin to understand your financial picture, the more prepared you will be for your future. I can help you review different financial proposals and help you understand how each settlement option could impact your financial health.
What if we want a Collaborative Divorce?
As a financial neutral, I can work with you and your spouse together to create a plan that is agreable to both parties. By working with both of you, in a collaborative environment, minimizing the negative consequences often associated with divorce, I can help form the framework for a financial agreement without going to trial. Especially when children are involved, this process can reduce the legal, emotional and financial stresses of divorce.
What should I do Post - Divorce?
Stay focused; even after your divorce is finalized, there are many important tasks. Opening new accounts, implementing QDROs, and updating beneficiaries are just a few of the items on the to-do list. I can work with you to ensure that this next phase of your life is in your control.
A House Divided
