Divorce Financial Planning Process
|COMPLIMENTARY 45-MINUTE CONSULTATION|
An initial meeting where we can learn about your situation, answer any questions that you have, and explain how we would work together so that you are confident about your financial future. If you decide to to continue to work with us, we will provide you with a checklist of needed documents along with a workbook to complete before our next meeting.
|GETTING STARTED MEETING|
Your divorce is unique to you, just as your values and goals are unique to you. We will work together at this meeting to develop your goals and objectives, review the gathered documents, and identify any outstanding information still required.
Now it’s our turn to do the detailed work to compile your goals and objectives, complete data inputs, perform through analysis, and develop the initial options that we will discuss at our next meeting.
|CREATING AND EXECUTING YOUR ACTION PLAN|
With the reports created we will walk through the short-term and long-term financial impacts of various settlement proposals. We will analyze the tax implications and discuss with you the effects on your specific values and goals.
The goal is to provide you with draft outcomes to use in continuing negotiations towards a settlement you are confident in. This meeting may occur several times as needed.
|MOVING FORWARD WITH CLARITY AND CONFIDENCE SESSION|
You are now ready to successfully execute your settlement and financially support your individual household. You will leave this session with a post-divorce financial plan, individual budget, and the tools to move forward with your goals and values in mind.
Our team at Balderson & Hebert LLC is available after the divorce is finalized to ensure that all of the terms of the settlement agreement are completed, you get all the assets that you are entitled to receive, and answer any questions on your individual financial plan moving forward.
CERTIFIED DIVORCE FINANCIAL ANALYST®
What is a CDFA®?
|The role of the CDFA® professional is to assist you and your lawyer to understand how the financial decisions you make today will impact your financial future.|