What is a CDFA and why you should get one in your divorce.

2022-03-01

One of the most challenging aspects of divorce is finances. How much money is there? Who gets what? Who is responsible for paying for what both during and post-divorce? How do we split things fairly? Most people have a deep concern for knowing that they will be okay after the divorce is over and they're on their own. This is where a Certified Divorce Financial Analyst® (CDFA®) comes in. A CDFA® professional can forecast the long-term effects of the settlement and help you put together a budget fo...

One of the most challenging aspects of divorce is finances. How much money is there? Who gets what? Who is responsible for paying for what both during and post-divorce? How do we split things fairly?

Most people have a deep concern for knowing that they will be okay after the divorce is over and they're on their own. This is where a Certified Divorce Financial Analyst® (CDFA®) comes in. A CDFA® professional can forecast the long-term effects of the settlement and help you put together a budget for 1, 5, 10, 20 years, and beyond to ensure that your divorce's financial outcome will help sustain and support each party through the divorce and beyond.

We were thrilled to have Kimberly Muska, CFP®, CPWA®, CDFA®, of Cascadia Collaborative Divorce on our podcast today to talk about the value of understanding your finances and leaning on a CDFA to ensure you're not leaving any money on the table.

Understanding what you have and your entire financial picture is imperative to do pre-divorce. This will help eliminate a lot of time spent during your divorce mediation. (And we all know--time equals money!)

Don't leave money on the table! A CDFA can work with you and your attorney to ensure that you will be okay post-divorce.

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