Divorce Logic – Financial planning for divorce
It is always recommended to start the divorce process by understanding the financial impacts first. No matter where you are in the process, we can help!
OUR APPROACH TO PLANNING FOR A DIVORCE
Throughout the Process
Building a team dedicated to helping you achieve your goals in divorce is essential. The benefits of a team allow each professional to focus on their expertise. Communication among your divorce professionals is critical to getting the work done efficiently. As your divorce financial professionals and with your permission, Divorce Logic will work with the rest of your team to ensure everyone is on the same page throughout the process.
1Data Gathering and Organization
- Gather financial and expense information
- Organize the data
- Create financial affidavits
This step can be incredibly frustrating for clients. Knowing how to obtain all the information and where to obtain the required information can be challenging. At Divorce Logic, our process will lessen the stress of collecting the data.
2Analysis of The Data
- Analysis of the total marital estate
- Determine needs after the divorce
- Review of short-term and long-term effects of dividing property
- Review the tax consequences of different settlement options
- Analyze different settlement options
All assets are not created equal. Depending on the type of asset being considered, there could be different tax consequences or liquidity. Despite the value(s), understanding which asset(s) make sense for your future is pivotal when preparing a settlement and working with a Certified Divorce Financial Analyst (CDFA) is the way to achieve that.
3Planning for Life After divorce
- Develop a budget through a cash flow analysis based on settlement results and proposed support (paid or received)
- Planning for taxes after divorce
- Identify and plan for future lifestyle and goals
- Written execution and recommendation plan
The big picture provides insight into how your goals and the ability to achieve your goals will come together.
4Follow Through
- Create a plan to monitor progress post-divorce
- Post-divorce estate planning: beneficiaries, wills, power of attorney, etc.
- Assistance in completing paperwork and applications
- Written execution and recommendation plan
- Ongoing support
After your divorce is final and the changes begin, Our CDFAs are with you to ensure the plan we worked with you to create goes smoothly.
Get Started Now
Please Tell Us About Yourself
Offering: Phone, In-Person, and Virtual Meetings
As we work on the planning for divorce with you, we ensure all conversations are confidential and discrete.
Divorce Logic, LLC.
50 Tice Boulevard
Woodcliff Lake, New Jersey 07677
United States
Call: (201) 596 – 4005
Email: [email protected]
Serving all 50 states.
Hours
| Mon | 09:00 – 17:00 |
| Tue | 09:00 – 17:00 |
| Wed | 09:00 – 17:00 |
| Thu | 09:00 – 17:00 |
| Fri | 09:00 – 17:00 |
| Sat | By Appointment |