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The benefits of a divorce financial analyst

Georgia residents and others who are going through a divorce may anticipate the emotional toll that it can take on them. However, they may not necessarily anticipate the financial consequences that ending a marriage can bring. Therefore, it may be a good idea to work with a divorce financial planner. Doing so can be especially helpful for those who lack a solid understanding of their personal or household finances.

This type of professional may be able to help an individual better understand how ending a marriage could impact their tax situation. A financial professional may also help a person learn more about how a divorce could influence his or her net worth. Having this information may make it easier to craft a reasonable divorce settlement in less time. In some cases, a divorce financial adviser will work with a couple as they aim to settle a divorce through mediation or other collaborative means.

If needed, a financial adviser can provide expert testimony aimed at resolving disputes that arise during this process. Once a divorce is finalized, a divorce financial professional may assist with the division of assets. Individuals may also want to spend time learning more about how to pay estimated taxes or how to adjust to other budgetary changes that divorce can bring.

Those who have marital property such as a 401(k) or a taxable investment account might need to divide it as part of a divorce settlement. Dividing assets may be easier with the help of an attorney and other professionals. An attorney may help an individual craft a divorce settlement based on facts discovered during a personal or household financial analysis. Legal counsel may also use these facts to obtain a favorable ruling from a divorce judge.

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Hecht Family Law
12600 Deerfield Pkwy
Suite 125
Alpharetta, GA 30004

Phone: 678-926-9234
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