Navigating Divorce?
Discover Your New Financial Future With Professional Guidance.
Divorce is a life-altering event, and the financial decisions made during this time can have long-lasting effects. If you are facing divorce, I can help manage expectations of your financial future by presenting different scenarios and talking through your budget and expenses.
Divorce is a life-altering event, and the financial decisions made during this time can have long-lasting effects. If you are facing divorce, I can help manage expectations of your financial future by presenting different scenarios and talking through your budget and expenses.
Given my passion in guiding divorced women in navigating their financial futures, I have attained the Certified Divorce Financial Analyst® designation, which has granted me additional specialized training in helping clients:
- Collect financial and expense data
- Identify future financial goals
- Develop new budgets
- Set retirement objectives
- Determine how much risk they are willing to take with their investments
- Create a newfound lifestyle
- Assist in determining how to best deploy potential child support and alimony payments received
When going through a divorce, I help my clients by working through the following checklist as the process unfolds:
- Create a budget and goals-based action plan
- Keep a journal outlining key activities related to the divorce process
- Consider re-entering the workforce if you left it during your marriage
- Avoid or be cognizant of your social media activities
- Leverage your team of financial, tax, and estate advisors
- Prioritize self-care and focus on loved ones
- Review strategies for how to best deploy potential future settlement income
After you have executed the items on your divorce checklist, I help clients:
- Review and explain retirement benefits
- Consolidate holdings
- Change beneficiary designations on insurance and retirement plans
- Develop a portfolio plan to help clients move forward
- Develop an investment strategy designed to address new cash-flow needs
- Review and provide suggestions for updating estate planning strategy
- Assist in creating a post-divorce budget
While I can help you review your financial situation, stay focused on what is most important to you, and work with you as you pursue financial independence, you should discuss all matters with your tax and legal advisors, who may uncover additional issues or concerns.
If you have questions, I am here to help. Contact me today.
If you have questions, I am here to help. Contact me today.
Stifel does not provide legal or tax advice. You should consult with your legal and tax advisors regarding your particular situation.
Use of the CDFA designation does not imply that Stifel or its associates are acting as experts in this field, nor do Stifel or its Financial Advisors provide legal or mediation advice. The knowledge gained from attaining the designation helps the advisor better understand the divorce process in working with clients and their legal and tax advisors as it relates to the client’s overall investment planning and wealth management.