Hummingbird Divorce Management
When divorce is inevitable, making the right financial decision is important. A lack of financial knowledge, however, can result in a settlement that may not fully be understood. I help clients understand the short-term and long-term effects of their divorce settlement. I act as the professional "sounding board" during and after the very emotional divorce process.
During the Divorce Process….
How will this divorce affect me financially? This is the most common question individuals ask when going through the divorce process. Many divorcees are unaware of the short-term and long-term impacts of the settlement they accept. By hiring a CDFA™, you have someone providing the financial experience and guidance necessary to help you develop creative settlement solutions and evaluate the short and long-term financial impact the settlement will have on you.
At Hummingbird Divorce Management, we will assist you throughout your divorce case and address your following concerns regarding:
- How will I survive financially?
- What does it mean if I accept this settlement?
- Can I afford the house? Should I sell the house?
- What about our retirement accounts?
- What tax liabilities will I be incurring?
- How much support will I receive?
- Will I have to go back to work?
- How will this affect my retirement?
After the Divorce……
Divorce does not have to destroy your financial future. Even if the settlement was far from adequate, it is what you do after the divorce that has the greatest impact on the rest of your life.
Divorce is often about the past. Financial planning is about the future. It's been said "Fail to Plan, Plan to Fail". As drastic as that sounds, there is some truth in it as well.
A Financial Plan, created by our Certified Financial Planner™, Laura, creates a road-map to pursue success.
Creating a financial plan can help you see the big picture and set short and long-term life goals, a crucial step in mapping out your financial future. When you have a financial plan, it's easier to make financial decisions and stay on track to meet your goals. Working with a CFP® professional may help improve your financial well-being and confidence while working to pursue your financial planning goals.