Divorce Financial Analysis

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Angel McCall CDFA, CFP

During a divorce you may be asked to make irrevocable decisions in a time of emotional turmoil. At the same time, your family law attorney is not an expert in providing specific financial advice or analyzing the long-term financial impact of alternate proposed settlements. When individuals or couples work with a Certified Divorce Financial Analyst during a divorce, they benefit greatly when it comes to fair and accurate distribution of marital assets.

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What is a CDFA?

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.

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Before Divorce

When contemplating divorce, you may want to know the financial impact of such a decision before you actually announce and go ahead with it. For some, understanding the long-term financial impact may result in deciding that divorce is not beneficial for the individual or family. Lifetime Financial Strategies can provide you with this understanding through our analysis.

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During Divorce

Once you or your spouse make the decision to move forward with the divorce proceedings, you’ve entered the second and potentially most intense phase of the divorce. This phase ends around the time the decree and settlement are signed.  Whether you choose to litigate, mediate, collaborate, or do it on your own (pro se) it is important to keep your emotions out of the decision making process, especially when solving financial issues.

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Articles + Resources

The Learning Center is home to hundreds of articles and free resources to help you better understand any questions you have regarding financial planning related topics. You will find many helpful articles about financial planning during divorce, as well as articles on many other topics that you may find useful.

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Services for Family Law Attorneys

Some attorneys believe that hiring another professional just adds an extra layer of expenses for the client. If you come up with a proposed settlement alone, the opposing attorney may lean toward disputing such a settlement. When the very same proposal is developed with assistance from a Certified Divorce Financial Analyst (CDFA™), the other attorney may give more credence to the proposed settlement. This can result in a more cost efficient process, thereby potentially lowering expenses for both spouses and ultimately maximizing their wealth and increasing their long-term financial security.


Just a few of the many benefits of Angel's professional advice . . . 

  • You take control of the divorce process
  • You gain a clear understanding of your current and future financial picture
  • You have better information from which to make decisions
  • You are able to negotiate more effectively
  • Often, there is a faster and more equitable resolution of all financial matters
  • Minimize legal fees by understanding the finances involved and using powerful spreadsheets and  graphs to expedite the settlement process
  • Help you understand, evaluate and negotiate settlement proposals
  • Minimize taxes through the efficient allocation of assets and tax deductions
  • Ensure the legal documents (QDRO, Property Settlement, Divorce Decree) have the appropriate  wording so you gain control you expect over assets, accounts, pension plans, and other property

You’ll understand the financial issues of . . . 

  • Separate vs. marital property
  • Valuing and dividing property
  • Retirement accounts and pensions
  • Alimony and child support
  • Keeping vs. selling the house
  • Tax problems and solutions