Divorce Financial Planning
Divorce is challenging. As a Certified Divorce Financial Analysis (CDFA®) with 30 years of mortgage lending experience, I provide comprehensive support to help you achieve a fair and equitable settlement.
Why identifying Marital vs Separate Assets Matters
During divorce, determining what is considered marital property versus separate property is crucial for a fair settlement. Marital assets and debts-those acquired during the marriage-are subject to division, while separate assets, such as those owned before marriage or received as a gift, typically remain with the original owner. Understanding these distinctions helps ensure you are receiving your rightful share and it can prevent future complications.
Tax Implications in Asset Division
Divorce-related tax laws can impact how assets, debts, and property are divided. Not all marital assets have the same after-tax value-what looks fair on paper may not be equal in reality. Factors like capital gains taxes, retirement account withdrawals, and property tax implications can affect your financial future.
Understanding these tax consequences upfront can help you make informed decisions and avoid costly surprises.
Unsure about your asset division or how taxes might impact your divorce settlement? Let’s clarify your situation together.
I can project your financial future 5, 10, or 20 years post-divorce to illustrate your financial standing under the proposed settlement.
The Importance of Financial Projections for Your Future
Financial projections show how your assets and income will support your lifestyle long after the divorce. By calculating your future finances-such as retirement savings, taxes, and ongoing expenses-you can ensure that the settlement you agree on will sustain your long-term stability. Divorce is a major life transition, and having a clear picture of your financial future will help you make decisions that protect your interests.
Want to see how your settlement will impact your future? Let’s create your financial plan today.
*Projections are based on the assumption that tax structures, rates of return, and inflation remain constant over time.