Every person coping with divorce must resolve personal, legal and financial issues....
Lifestyle can drop substantially (some studies suggest as much as 70%) in the first three years after a divorce. Some people do not recover from such financial devastation. When divorce approaches, be proactive versus reactive, and contact Angel McCall at Lifetime Financial Strategies. Planning protects you during and after a divorce by giving you an understanding of the full financial impact on your family. Planning also allows you to maximize your long-term financial security.
When it comes to the financial details involving taxes, capital gains, valuing pension plans, employee benefits, life insurance, and family businesses, divorce attorneys can quickly find themselves out of their element. They are skilled and trained in the law, but should not be expected to provide financial advice, especially long-term financial solutions. Angel McCall is a Certified Divorce Financial Analyst (CDFA™), and has specialized training in all financial matters dealing with divorce. Lifetime Financial Strategies can work with your mediator, attorney, forensic accountant, personal counselor and other professionals to help you get the best advice possible.
When contemplating a divorce, you have several available options to make it happen. See the Divorce Options Chart to learn the pros and cons of each. Whether you choose to use an attorney or go it alone (pro se), Lifetime Financial Strategies gives careful consideration to how your income, expenses, assets, liabilities, cash flow, retirement, and net worth are all affected by the way the marital estate is divided. Angel will show you graphically how each proposed settlement will affect your financial future, and she will compare the outcomes of each proposal in terms that are easy to understand. This process helps Lifetime Financial Strategies make informed decisions during divorce.
Disclaimer: Please note I am not an attorney and do not provide legal advice. I always recommend that you retain a family law attorney to at least review any agreement you make before filing it with the court. A family law attorney is especially helpful if children are involved, one spouse earns much more than the other, or marital assets exist.