​BEING MINDFUL IN DIVORCE

       Divorce Financial Planning in Scottsdale - Partnering with you through life's transitions

                                   New Direction Financial Strategies, LLC

 

How we can we partner with you:


Being Mindful in Divorce provides services to individuals and couples for the financial expertise to ensure that their divorce process is financially responsible and amicable; providing a smooth transition to create the life that you choose to live with clarity and peace of mind.

We are experts in Financial Planning and the financial matters of divorce. We work with you and/or your divorce professional (attorney or mediator) to develop an equitable split of assets and liabilities, determine child support, and or spousal maintenance where applicable. Working as a financial neutral, or in an amicable mediation situation, we prepare and review your and your spouses Financial Affidavit - ensuring assets, liabilities, income and expenses are listed properly and valued. We work with you to identify appropriate options, analyze the short and long-term consequences, and together negotiate a win-win resolution that best fits your needs and goals using customized reports on the various settlement options to illustrate scenarios.

We understand that financial security is important for you both, so we show you what to expect in terms of your "post divorce" lifestyle - taking into consideration cash-flow items such as income, expenses, and taxes - and even more complex issues such as real estate or business sales, refinance, pension buyouts, insurance needs etc. We can help reduce overall divorce costs by helping to set realistic expectations and create peace of mind.


It’s not only important to be financially educated, but also to work with people who understand you. You think differently. You have different goals and intentions during your divorce. We understand 


Divorce settlement mistakes can last a lifetime

  • Lifestyle analysis to demonstrate whether your future is likely to be financially        secure based on the settlement.
  • Address Tax issues / impacts.
  • Identify the short-term and long-term effects of property division choices.
  • Analyze pension and retirement plans.
  • Can you afford the matrimonial  home – and if not, identify an affordable option.
  • Establish realistic assumptions for projecting inflation and rates of return.
  • Evaluate Insurance needs to guarantee settlement payments.
  • Develop creative settlement alternatives that result in a win/win for you both.

FINANCIAL PLANNING During DIVORCE

We analyze the Financial needs of each Divorce Client. See articles on the value of working with a CDFA

why hire a cdfa?