Kristina George on Law Matters Radio Show | How a CDFA Helps in a Divorce Process
The role of the CDFA™ is to assist a divorcing client and their lawyer to understand how the financial decisions he or she makes today will impact their financial future. Working with the client and their attorney, a CDFA professional can forecast the long-term effects of the divorce settlement. This includes details of all tax liabilities and benefits. Developing a long-term forecast for their 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 retirement needs as well.