Divorce U Solutions Frequently Asked Questions

Lifestyle Analysis

With you, we develop a plan for your post-divorce lifestyle.  We incorporate what’s most important to you as you build your new life.

Asset and Debt Evaluation

There is immense power in understanding what you have and what you owe. We work with you to create a realistic budget that allows you the most financial freedom.

Assessment and Analysis of Financials

In reviewing your assets, we help you determine what’s considered a marital asset and what’s non-marital. We also help you understand the pros and cons of keeping one asset over the other.

Financial Guidance using Proprietary Software

Planning for your future has never been easier. At Divorce U Solutions, we guide you through different “what if” scenarios to ensure you have clarity when negotiating your divorce outcome. We also make sure any financial proposals offered to you is not only fair but also equitable.

Mediation

The divorce process carries many questions. Let our trained mediator help you find the answers you need to move your life forward in a positive way – and to establish a productive mode of communication between you and your spouse in the future.

Legal Liaison

Working effectively with an attorney during such an emotional time requires an ally on your side to look out for you and your needs. We’re by your side to make sense of legalese and ensure you understand your options. We also assist in selecting an attorney best suited to meet your needs.

QDRO Preparation

Our certified QDRO (Qualified Domestic Relations Order) specialist works with attorneys, clients, and plan administrators to ensure that the process moves along promptly.

Daily Money Manager

It’s important to keep track of your spending, so you know what you’ll need to sustain your new lifestyle. Gain clarity on how you spend your money and how to budget daily.

Pre- and Post-Divorce Consulting

You’ll have questions before and after your divorce; we’ll answer those questions and help you tie up any loose ends.

Absolutely. We provide clarity regarding financial decisions that need to be made and consult with you to ensure effective communication with your attorney. Your greater understanding saves you money and keeps the process moving at your preferred pace.

Yes, of course. Our post-divorce consulting services include an updated financial analysis, a revised budget, assistance transferring assets, follow-up, and preparation of QDRO’s if necessary.  Utilize daily money management services and receive our assistance in obtaining, compiling, and organizing legacy documents. We also offer referrals to financial planners and estate planning experts.

Our one-on-one consultation provides different divorce options. Based on your individual needs and goals, and the information we discuss together, we’re able to align you with the proper counsel.

It’s important to avoid making decisions based on your emotions or on someone else’s perception of your finances. It’s also essential that you avoid letting someone else’s divorce experience affect your decisions. Everyone’s divorce is unique. Engaging a neutral financial expert, who has no stake in the game, will ensure you focus on the knowns and prepare you for the unknowns.

A CDFA is an experienced financial professional who is certified and qualified to analyze the specific financial issues in divorce. They are members of the Institute for Divorce Financial Analysts, the premier national organization for this designation dedicated to the certification, education, and promotion of the use of financial professions and planning in the divorce arena. A CDFA acts as an advisor to one party’s divorce lawyer, or as a mediator for both parties. A CDFA uses his or her knowledge of tax law, asset distribution, and short- and long-term financial planning to achieve an equitable settlement.

CDFAs confidentially examine your personal property, retirement assets, investment accounts, current earnings, future earning capacity, and expenses.  They consider alimony, tax implications, health care costs, the value of your business or partnership, and more.

Your CDFA provides valuable information on financial issues related to your divorce, such as tax consequences, dividing pension plans, health care coverage, stock option elections, and more. They collaborate with your attorney or mediator to analyze proposals for equitable distribution. With their advice and help, you increase your chances of arriving at a settlement that fully addresses your long-term financial needs.

A CDFA explains to you the short-term and long-term effects of a proposed settlement. This way, both spouses have a clearer view of their financial future. CDFAs help attorneys determine alimony needs and the ability to pay, make financial sense of proposals, and provide expert witness testimony in trials and arbitrations.

The Code of Ethics and Professional Responsibility is provided as an expression of the ethical standards that the Institute for Divorce Financial Analysts™ has adopted. Every Certified Divorce Financial Analyst™ has agreed to abide by this Code. Key tenets of the Code of Ethics are:

  • Integrity in all dealings with clients, colleagues, and attorneys
  • Competence – having acquired the knowledge and skill necessary for divorce financial planning
  • Objectivity – intellectually honest and impartial
  • Fairness – separation of divorce planning and financial planning practices
  • Confidentiality held to the highest standards
  • Professionalism
  • Scope restricted to financial, and not legal, aspects of divorce planning
  • Compliance with all laws and regulations
  • No unauthorized practice of law
  • Support for the Institute of Divorce Financial Analysts

We work on a retainer basis. Once a retainer has been paid, you’ll be updated on a monthly basis regarding progress and payments. We’ll make sure you are engaged in the strategy and the process, and we’ll keep your budget in mind. Our clients spend up to 40% less on their divorces when they use our services. We offer two services for a flat fee including initial consultation and preparation of a QDRO.

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