The Institute of Divorce Financial Analysts recommends a CDFA™ for the following reasons:
- Analysis conducted early in the divorce process can save time.
- A Certified Divorce Financial Analyst™ (CDFA™) can explain all financial aspects of the pending decisions and help to empower their client to make educated decisions throughout the proceedings.
- A CDFA™ can help their client save money during the divorce process.
- By using a CDFA™, you can have a clearer view of your financial future to approach a legal settlement that fully addresses your financial needs
- A CDFA™ can help their clients to avoid long-term financial pitfalls related to divorce agreements.
- Using a CDFA™ can reduce the amount of apprehension 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 to ensure a good, stable economic future and prevent long-term regret with financial decisions made during the divorce process.
- A CDFA™ can help clients think through what the divorce will really cost in the long run and develop a realistic monthly budget during the financial analysis process.
- CDFA™’s can assist their clients with developing detailed household budgets to help avoid post-divorce financial struggles.
- CDFA™’s can assist their clients with developing detailed household budgets to help avoid post-divorce financial struggles.