What is a Certified Divorce Financial Analyst (CDFA)?
A CDFA® professional is a financial professional skilled at analyzing data and providing expertise on the financial issues of divorce. The role of the CDFA® professional is to assist the client and his or her attorney to understand how the decisions he or she makes today will impact the client’s financial future. These are some of the factors we review:
- Emergency savings
- Tax consequences
- Division of pension and other assets
- Planning for retirement
- Planning for college
- Creating short-term and long-term financial goals
- Insurance needs
While a CDFA can help your attorney make financial sense of settlement proposals, The Institute for Divorce Financial Analysts (IDFA™) highly recommends that any person getting a divorce should seek legal counsel. A CDFA role is to assist, not replace the attorney.
Thinking about a collaborative divorce? Stephan and Robyn are trained members of the Collaborative Professionals of the Shenandoah Valley and are available as a financial neutral.
We can act as a financial neutral that will support your mediation through healthy discussion and education about financial subjects.
Pre-Divorce and Post-Divorce Planning
We can provide a safe and anonymous place to ask financial questions. If you aren't the "money person" in your relationship we can help you understand what your current situation looks like and how a divorce could impact your future.
Recently divorced? With your new reality comes the need to find new balance. We can help you understand the big picture and adjust to the financial realities you are facing after a separation.