Our Divorce Financial Planning Services
Divorce can be financially devastating. Frequently, it is an emotionally charged process that can leave individuals with no sense of what their new life will look like, financially. Especially in these uncertain economic times, divorce financial planning is critical for the family's future financial well being.
Generally, divorcing individuals are fearful. They read and hear horror stories of what others have experienced in their position. Faggio Financial analyzes all the financial aspects of your financial situation, separating facts from fiction, and presents the short and long-term results of alternative settlement options. The result is that our clients become well-informed and savvy decision makers; they know what to expect, and can rebuild their lives on reasonable financial information and planning.
Avoid serious financial problems from your divorce
Most divorcing couples attempt to
create a settlement that works for both partners. Unfortunately, even in an amicable
divorce, what may look equitable now, often results in financial disaster for one or both
of the divorcing individuals over time (see sample
divorce plan).
Sometimes 50-50
isn't equitable
Beginning with the division of
property; spouses trade assets until the couple agrees on the division. This should result
in an "equitable" transfer of the property, which does not mean
"equal." It does mean what is "fair." A 50/50 division of property,
which may seem "equal" at this time, may not produce equal results-or equal
standards of living, after the divorce-if the two spouses are not in the same financial
situation at the time of the divorce.
Create a more
positive result
To help you create a more positive result from your
divorce, we empower you with financial information that allows you to make the best
decisions. We start by examining the crucial financial issues of your divorce:
Identification and valuation of Marital Assets
Equitable division of Marital Assets
Pre and post-divorce cash flow
Retirement plan valuation |
Determination of sustainable of spousal support
Child Support Guidelines
Optimal tax strategies
Family/Heir risk exposure |
We will then use our specialized
software to develop financial scenarios for you and your spouse. These reports will be
detailed in narrative, graph, and chart form. This detail will help you fully understand
the financial results of your settlement and possibly decrease the time required to
finalize your agreement.
We start the process by sending
you a confirmation letter with a list of items needed for your meeting. Rest assured that
any information you send will be treated as strictly confidential.
Don't let your
emotions jeopardize your financial future!
Call John today at (410) 740-3141 for an
initial, flat fee, fact finding appointment.
We offer you the ability to enter
your family finances on the web and transmit your file directly to us so we can get
started right away. Whether you are seeking advice on separating marital assets,
interested in long-term settlement analysis, or just need help completing your financial
affidavit, we can help. To save time and money, start now.
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