CRAFTING YOUR UNIQUE SETTLEMENT

u

What's A Divorce Planner

Divorce isn’t easy. Determining how to divide your finances equitably in divorce isn’t easy either.  That’s where we come in.  We help you simplify the decisions to give you the best possibility for a successful long-term outcome

Why Use A Divorce Planner

Attorneys and accountants are trained and qualified to give advice regarding law and taxes.  Normally they are not trained or qualified to provide financial advice, yet that is exactly what anyone getting divorced needs

Utah Divorce Planning's Advantage

With over 35 years of training and experience in finances and advanced credentials in divorce financial analysis, we bring a unique perspective to the asset division discussion

About Utah Divorce Planning


At Utah Divorce Planning, we specialize in helping clients understand the financial ramifications of divorce, make educated decisions regarding your divorce settlement and create a financial plan for life after divorce.

Billy Peterson is one of only a handful of Certified Divorce Financial Analysts in the state of Utah. By using a CDFA first, as part of your divorce planning team, you can save time, stress and money and improve the chances of achieving the financial outcome you desire. An experienced CDFA gathers, organizes and analyzes financial material, helps identify marital assets and separate property and can project several outcome scenarios to show what is in your best long-term interest. A CDFA is never meant to take the place of an attorney, but can be an invaluable asset in helping to secure a successful financial settlement.

I was grateful you were present in my mediation. I think it clarified for me the division of assets as you had it reflected on a screen for everyone to visualize. In the long run, I know it saved us time on this mediation. I know without your services it would have dragged on longer and cost me more money to finalize the divorce. I love the computer program used to move the numbers around to the different categories and how it adjusted the totals, that really saved me extra time and money.

Lisa

Reasons To Hire A CDFA

1. Financial analysis conducted early in the divorce process can save time.

The average length of the U.S. divorce process is one year. In a case with complex financial issues, it can drag out far longer. The longer a divorce takes, the more expensive it is for both parties. In the beginning stages, both parties spend a great deal of time trying to get a clear understanding of the financial aspects and terminology of the separation. A CDFA can clarify aspects of the pending decisions and help to empower people to make educated decisions throughout the proceedings.

2. A CDFA can help their client save money during the divorce process.

By using a CDFA professional, you will get a thorough understanding of the complicated decisions you need to make, and a clearer view of your financial future. Only then can you work with your attorney to craft a legal settlement that fully addresses your financial needs and capabilities. When a settlement is tossed back and forth between attorneys without clarity from clients about what is fair, realistic and in their best interests it is time consuming. Time is money.

3. A CDFA can help his or her clients to avoid long-term financial pitfalls related to divorce agreements.

Working with a client and their attorney, a CDFA professional can forecast the long-term effects of your divorce settlement. What seems fair today may shift a great deal over time. It’s important to take a long-term view of issues involving taxes, benefits and retirement. Developing a long-term forecast for your financial situation is far better than a short-term snapshot. Financial decisions must be made that not only take care of immediate family needs, but future needs as well.

4. CDFA professionals can assist their clients with developing detailed household budgets to help avoid post-divorce financial struggles.

A CDFA professional can help you think through what the divorce will really cost in the long run and develop a realistic monthly budget during the financial analysis process. Expenses such as life and health insurance, college education costs, and cost of living increases need to be factored in when agreeing on a final financial settlement.

5. Using a CDFA professional can reduce the amount of apprehensions and misunderstanding about the divorce process.

Misinformation and misconceptions about the divorce process can be detrimental. Many have false expectations that they will be able to secure a divorce settlement allowing them to continue with their accustomed style of living. Financial divorce analysis helps ensure a good, stable economic future and prevent long-term regret with financial decisions made during the divorce process.

Address

1523 East Skyline Drive, Suite C South Ogden, Utah, 84405
}

Office Hours

M - F, 8:00am - 4:00pm

Visit Us

Utah Divorce Planning

Email Us A Question

Pin It on Pinterest

Share This
35ed7ed4f1d7264283d181e7ee42e680;