Due to COVID19, there may be changes to our ability to offer in-office mediation sessions. Please click here to learn more.

San Diego Family Mediation Center

Learn About Us
divorce online

Avoid Financial Pitfalls During and After your Divorce

as a Certified Divorce Financial Analyst (CDFA) our mediators help clients avoid long term financial pitfalls related to their divorce agreements

Learn More

Divorce Financial Planning

Top Five Reasons for Hiring a Certified Divorce Financial Analyst for Divorce Financial Planning

  1. Financial analysis conducted early in the divorce process can save time. The average length of the U.S. divorce process is one year. In the beginning stages of the process, both parties spend lots of time trying to get a clear understanding of the financial aspects and terminology of the separation. A Certified Divorce Financial Analyst can explain all financial aspects of the pending decisions and help to empower their client to make educated decisions throughout the proceedings.
  2. A CDFA can help their client save money during the divorce process. By using a CDFA, you can have a clearer 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. CDFA’s can educate their clients by providing a thorough knowledge and understanding of the often-complicated financial decisions.
  3. A CDFA can help their clients to avoid long-term financial pitfalls related to divorce agreements. Working with a client and their attorney, a CDFA can forecast the 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.
  4. A CDFA can assist their clients with developing a detailed household budget to help avoid post-divorce financial struggles. A CDFA can help clients think through what the divorce will 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. Using a CDFA 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.

Divorce Mediation

Divorce mediation is a process by which a couple meets with a neutral mediator instead of each hiring their attorneys. […]

Learn More

Divorce Planning

Divorce is a huge step and certainly not something to be taken lightly considering the emotional and financial ramifications. This […]

Learn More

Dissolution of Same-Sex Relationships

Domestic Partners If you are in a Registered Domestic Partnership, and you would like to dissolve that relationship, some steps […]

Learn More

Document Preparation Services

Due to the high cost of divorce litigation, many couples are completing a divorce on their own without legal assistance. […]

Learn More