Financial Resource Associates is an organization dedicated to helping families,
individuals and businesses recognize, develop and achieve their financial and
life goals through comprehensive financial planning, estate planning, divorce
services, investment advisory services and insurance services.

 

 

 

 

 

"I don't care too much for money, money can't buy me love."
The Beatles



Divorce isn’t easy, but it’s possible to make it financially fair. Most couples do want to reach a fair settlement. It’s a challenge that calls for specialized help, and divorcing couples are asking for financial expertise. Utilizing a neutral Certified Divorce Financial Analyst (CDFA) saves time and money by assisting clients and their attorneys to discover what is an equitable settlement today as well as in the years following the divorce.



A CDFA helps formulate a fair and durable agreement.




Clients who select a neutral CDFA can expect to:



Identify financial hopes, concerns, goals and objectives
Gather and organize financial data
Understand the financial implications of the settlement options;
including the effects of taxes and inflation
Have that financial reality check needed to move forward
Acquire the knowledge needed to confidently make the financial decisions




A CDFA assists by:



Facilitating safe, honest and informed financial conversations
Providing an un-biased assessment of finances
Utilizing charts and graphs explaining the estimated financial results
of proposed settlements to ensure a more complete understanding
Working with a Collaborative Team, when appropriate, to stay on track with
the process and maintain open communication with all professionals involved
Utilizing the financial data to promote conversation and settlement

Engaging a CDFA early in the process helps divorcing couples take a proactive role in their settlement.



A common concern is dividing non-monetary assets such as real estate. For example, one of the parties may want to keep the home they shared. The CDFA works with the couple to determine the financial viability of that request. Various options will be examined to help them make that decision and any others and move forward in the process.



The goal is to help the couple get through a difficult time
as quickly, inexpensively and fairly as possible.



Helpful Links:



Child Support Calculations
DivorceHelp.com
DivorceHQ.com
DivorceNet.com