From understanding the law to caring for your children, the more equipped you are with the facts, the less traumatic, costly and time-consuming the entire process will be.
The Divorce Workshop offers non-biased financial, emotional and legal advice from qualified local professionals.
Learn how to navigate the financial aspect of the divorce process and take control of your life
AVOID FINANCIAL ERRORS IN DIVORCE SETTLEMENT
Mark C. Hegstrom, AIF CDFA
Certified Divorce Financial Analyst
Attendees will learn how to avoid financial errors in the divorce settlement. I find that for most of my clients, the number one issue is maintaining positive cash flow – in other words, paying the bills on a monthly basis – not only on the day after divorce, but 5, 10, 15 years into the future. In order to meet cash flow needs, there are three sources of money that may be available to you as a result of your divorce: child support, spousal support, and marital property.
We will review property division and retirement accounts, how equal amounts may not be equal at all when you consider tax effects. Some divorces do settle 50/50. However, it can make a huge difference which 50 percent you get. In other words, all assets are not created equal. We will use a case study of Ken and Kate to illustrate these points and talk about short term and long term effects of three different settlement offers.
Get the knowledge, support, and resources you need to survive the divorce process and move forward toward a new life.
If your question is not here, please do not hesitate to contact the Divorce Workshop Team for assistance.
Securities offered through LPL Financial, member FINRA/SIPC.