Bay Area CPA divorce advice
Financial Advice and Financial Planning for California Divorce Clients
Top Five Reasons you need Financial Divorce Advice
1) Help save time and money during the divorce process.
Get a clear view of your financial future. Only then can you approach a legal settlement that fully addresses your financial needs and capabilities. A legal settlement that floats back and forth between attorneys, without the client having a clear understanding of all financial ramifications, can be detrimental, time consuming, and expensive. Clients get a clearer picture by getting the knowledge and understanding of the often complicated financial decisions.
2) Help clients to avoid long term financial pitfalls related to divorce agreements.
Working with a client and their attorney, a forecast of the long term effects of the proposed divorce settlement can be mapped out. This includes details of all tax liabilities and benefits. Developing a long term forecast is far better than a short term snapshot. Financial decisions must be made that not only take care of immediate client needs, but retirement needs as well.
3) Financial analysis conducted early in the divorce process can save time.
The average length of a U.S. divorce process is one year. In the beginning stages of the process, both parties spend a great deal of time trying to get clear understanding of the financial aspects and terminology of the separation. Explaining all the financial aspects of the pending decisions, can help empower the client to make educated decisions throughout the process.
4) Can assist the client with developing detailed household budgets to he
lp avoid post divorce financial struggles.
Help clients think through what the divorce will really cost in the long run and develop a realistic monthly budget during the financial analysis process. Expenses such as life insurance, health insurance and cost of living increases must be taken into consideration when agreeing on a final financial settlement.
5) Can reduce the amount of apprehension and misunderstanding about the divorce process.
Misinformation and misconceptions about the divorce process can be detrimental. Many have false expectations that they will be able to secure a divorce settlement allowing them to continue with their accustomed style of living. Financial divorce analysis helps to ensure a good, stable economic future and prevent long term regret with financial decisions made during the divorce process.
CDFA(TM) is trained to:
> Help determine the short-term and long term financial impact of a proposed divorce settlement
> Offer valuable insight into pros and cons of different settlement proposals
> Help you avoid the common financial pitfalls of divorce
> Create personalized reports regarding details of the financial status, cash flow, and net worth of both parties
Financial Divorce Advice Services
Tax Services cover the following Bay Area cities :
San Jose, Santa Clara, Los Gatos, Palo Alto, Menlo Park, Cupertino, Saratoga, Mountain View, Milpitas, Sunnyvale, Los Altos, Redwood City, San Carlos, Belmont, Campbell, Willow Glen, Milpitas, Gilroy, Morgan Hill and more....
