What’s the tale-tell sign of a bad divorce?
It’s when friends, co-workers and onlookers can feel the burn because the divorcee rants, raves and revels in the headache and heartache of their nightmare breakup. And if you ask divorcing couples what led to their divorce-gone-wrong, I can guarantee most will say money issues sank their split. But it just doesn’t have to be that way…
As a divorce CPA, it’s my goal to help you divvy up the dollars and cents of your divorce. Through careful analysis, clearly-articulated goals, transparency and collaboration, I’ll help you prepare for your post-divorce lifestyle and preserve your future wants and needs.
In this section…
- What is a divorce CPA?
- Can’t my attorney just help with my financial questions?
- What does a divorce CPA do?
- How can I benefit from working with a divorce CPA?
- My most popular blog posts on divorce finance
What is a divorce CPA?
Going through divorce can feel a lot like walking through the forest without a flashlight. Just when you feel like you’re going to dodge the trees, a big, old oak smacks you in the face. Now your confidence is shot, you’re disoriented and you have a knot on your forehead.
Chances are, you’ve never gone through divorce before. And even if you have, no two divorces are the same, trust me.
What’s the scariest part of a divorce, you ask… It’s the money. A divorce CPA can act as your bridge between the scary , unknown aspects of divorce and your hopes, dreams and aspirations on the other side. A good financial professional will help you understand the implications of big decisions in your divorce, keep you focused on your goals and help you dodge those mean oak trees lurking in the midst.
Get the support, insight and transparency you need to make sound decisions when you opt to work with a divorce CPA!A divorce CPA is strongly recommended as the financial guru on your divorce team. You may not think you need it, but trust me, the people who live with regrets and horror stories about divorce are the ones who wish they had!
What does a divorce CPA do?
Divorce is intimidating. It’s a maze of uncertainties and unknowns. With so many important decisions throughout the process, having an ally, an advocate and an adviser to help you navigate the experience is always a plus.
A divorce CPA is the financial whiz kid on your divorce team. More than just a number cruncher, your divorce CPA should do the following as you navigate through the divorce process:
- Build an inventory of what’s owned and owed;
- Prepare an analysis of income and expenses;
- Discuss needs, wants and long-term goals for your money;
- Explore impact on finances on both your short and long-term lifestyle;
- Provide financial insight and literacy to boost your confidence moving beyond divorce;
- Relaying analyses, projections and insight to you, your spouse and the divorce team;
- Assist in finding ongoing financial support and guidance after your divorce.
Don’t get saddled with a divorce that leaves you broke, unhappy and filled with regret. I’ve heard way too many of those stories – they’re not pretty. Get the support, peace of mind and financial know-how when you work with a divorce CPA.
How can I benefit from working with a divorce CPA?
You’re probably thinking: Sure this divorce finance stuff sounds good, but how do I REALLY benefit by hiring another person to help with my divorce? Good question!
Listen, divorce isn’t cheap. It costs a little money to untie the knot… Especially if that knot has been tied a while – or if it’s one of those super complicated knots that you learn in the military or boy scouts. The point is: The longer you’ve been married and the more stuff you have, the greater the complexity.
By working with a divorce CPA, you’re making an investment in your future. Your happiness, your security, your peace of mind – they all rely on you making it through a divorce with a plan for your immediate needs and long-term financial stability. When you bring a financial professional onto your divorce team, you’ll benefit from:
- An honest, factual analysis of your finances and long-term outlook;
- A neutral fact-checker, sounding board and adviser throughout the divorce process;
- A wise voice on complex financial matters;
- Skilled insight on the effects of divorce on your money;
- A keen understanding of property division and fair, creative solutions;
- A clear, no inside-baseball approach to sharing financial information and advice.
You need a confidant and problem solver to help you untangle the wild, wild web that is your divorce. A divorce CPA will help you answer the tough questions – and especially the ones you never even thought to ask.