A CDFA™ can help his/her clients to avoid long-term financial pitfalls related to divorce agreements.
Working with a client and their attorney, a CDFA™professional can forecast the long-term effects of the divorce settlement. This includes details of all tax liabilities and benefits. Developing a long-term forecast for their financial situation is far better than a short-term snapshot. Financial decisions must be made that not only take care of immediate family needs, but retirement needs as well.