Certified Divorce Financial Analysts (CDFA) can act as neutral third party during the divorce process. Their role is to provide financial analysis and advice to both parties, helping them understand the short and long-term financial implications of different settlement options.
They do not take sides but instead, provide objective financial guidance. They can help the couple understand how assets can be divided, the potential tax implications, and how decisions can impact their financial future.
However, it’s important to note that while a CDFA can provide valuable financial advice, they do not replace the need for a lawyer. A qualified attorney should still handle legal advice and the final legal agreement.