Divorce Financial Planning

Why do you need a Certified Divorce Financial Analyst (CDFA™)

David Koblar CPA CDFAWe are qualified to provide financial information and assistance to people going through a divorce. Divorce Financial Planning  can help determine both the short-term and long-term financial impact of a proposed divorce settlement and help devise alternative settlement proposals. By examining and analyzing the financial issues of a divorce, we provide our clients and their lawyers with data to help strengthen their case. By adding David Kobylar, CPA, Certified Divorce Financial Analyst® (CDFA™, ), your team will include someone who is skilled in analyzing and providing expertise related to the tax and financial issues of divorce.

Advantages to using a Certified Divorce Financial Analyst

The use of a CDFA™ may even decrease the total cost of Divorce Financial Planning new york CDFAyour divorce by reducing the amount of time and expense of different proposed legal settlements going between attorneys. A CDFA™ is responsible for:

• Identifying the short-term and long-term effects of dividing property.
• Integrating tax issues.
• Analyzing pension and retirement plan issues.
• Determining if the client can afford the matrimonial home – and if not, what might be an affordable alternative.
• Evaluating the client’s insurance needs.
• Establishing assumptions for projecting inflation and rates of return.
• Bringing an innovative and creative approach to settling cases.

When dividing marital assets, not all assets are treated equal. Which “half” you receive can have very different after-tax effects; do you know which “half” is better?

Why is a CDFA important to you?

Who better to carry out a divorce financial plan than someone who is both a CPA and a CDFA™?  You get two experts for the price of one. The unique combination of these two disciplines offers a specialized knowledge that can be leveraged into the most  advantageous divorce settlement. Access to a qualified CPA provides you with:

  • Preparation of tax returns and tax planning
  • An intrinsic knowledge of the tax code
  • Knowledge of various accounting systems
  • Financial statement preparation
  • Strong financial statement analytical skills
  • Ability to compare company books and records to tax returns filed with the government
  • An understanding of fraud and detection procedures including the uncovering of unreported income, embellished expenses, understated assets or overstated liabilities

Contact a specialist in Divorce Financial Planning in New York for help.

Visit our Saratoga Divorce Support Group