By: Jody K. Goldman, ASA, CFE, CDFA®, MBA, Principal, JKG ASSOCIATES
Divorce can be a highly emotional and difficult process. On the list of professionals to contact when thinking about a divorce, an attorney is at the top. However, because divorce may be the most significant financial matter an individual may encounter in their lifetime, a Certified Divorce Financial Analyst® professional should also be at the top of the list. A CDFA® professional has specialized knowledge to analyze the long-term financial impact of divorce.
CDFA® professionals help clients understand their financial position, explore various financial options to meet their objectives, make informed financial decisions which impact both themselves and their families, and achieve positive financial outcomes.
CDFA® professionals work with individuals and their attorneys regarding all financial aspects of divorce, including financial affidavit preparation; asset division analysis and related tax implications; cash flow analysis; alimony and child support calculations; pre- and post-divorce budgeting; forensic accounting; and business valuation.
If you are interested in learning more about financial consulting and the role of a CDFA® professional during the collaborative divorce process, please click the following link: North Shore Collaborative Divorce.