When to Use an Expert Divorce Financial Analyst for a Community Property Partition:
Are you considering divorce? Obviously, this step requires careful consideration of property issues and the best approaches for same. There are many things that you need to think about before you decide on your final move. One of them will certainly be the state of your finances. No one wants to leave a marriage bankrupt.
Our firm works with a few of the very best forensic accountants and financial experts in the region to best maximize your results in all aspects of community property partition. Here is what a divorce financial analyst can do to help you.
How can you protect your finances during divorce?
A certified divorce financial analyst (CDFA) can help you split your assets in a way that is fair, balanced, and acceptable to both sides. This is one of the first people you should be talking to once you have made the decision to divorce your spouse.
Your CDFA will be able to give you advice on how to determine both the short and long-term value of each of your assets. These assets can include:
- Real estate;
- Retirement accounts;
- Life insurance policies;
- Retirement pensions;
- Businesses;
- Expenses related to the maintenance of your assets.
It is important to realize that a straight 50/50 split of all of your assets isn’t always the most desirable outcome. Your CDFA will work with you to determine a split that is based on the realistic value of your assets. This value will take into account the performance of these assets in days to come.
What can a Divorce Financial Analyst do to help you?
Your divorce may be complicated by a number of factors, such as a prenuptial agreement. If this is the case, you can work with your CDFA to iron out these issues. The goal should be to settle them in an equitable manner so that the court will not have to do the division for you.
An CDFA can also be of great assistance when it comes to formulating a post-divorce budget that you can live on. This will entail tallying up of all your assets and expenses. Once you have the total, you can budget yourself to live in a comfortable manner.
Our CDFAs can also assist in the following areas, to best advance your case:
- Assist in all strategies for targeted discovery to be propounded on the other side;
- Assist with tax issues/implications;
- Reviewing any potential fraud issues that may be present;
- Calculating future/present values of assets;
- Trial presentations.
Louisiana Divorce Attorneys:
We are a Gretna law firm that has served the New Orleans area since 1980. Our experienced divorce lawyers are well versed in all matters related to family law and can plug you into the world of divorce financial analysts and experts to maximize your partition settlement. It just makes cents! We take pride in offering a personal and trusted experience. Call us today for a free consultation and find out why so many of our clients come back to us.
Call us today for a free telephone consultation with a divorce attorney about divorce financial analysts.