Divorce Financial Planning Services
Divorce is rarely easy. If you are considering a divorce, or if you’re already in the midst of one, ensuring that you are getting the advice and support you need to make informed decisions can ease this huge transition now, and set you on a path for long-term stability well into the future. No matter where you are in the process, we can help.
“I haven’t filed for divorce yet. I’m weighing my options and trying to learn as much as I can before I make a decision.”
Once the decision to file for divorce has been made, the landslide of documents, forms, and important decisions to be made may quickly start to feel overwhelming. We can work alongside your attorney and the rest of your professional team to ensure that settlement decisions that impact your finances now and well into the future, are well-informed and made with your best interests in mind.
As a Certified Divorce Financial Analyst™, John Vance can provide valuable information on financial issues that are related to the divorce, such as long term tax consequences, asset and debt analysis, dividing pension plans, continued health care coverage, stock option elections, protecting support with life insurance, and much more. CDFA™ professionals also help attorneys by helping their client make financial sense of the complex proposals they need to make decisions on.Contact us to learn more or to schedule your initial consultation.
“My spouse and I have filed for divorce. We need help assessing the long and short term implications of our decisions as we work our way towards a settlement.”
Considering the possibility of a looming divorce is daunting no matter what the details of the situation are. There are so many variables to assess that even knowing where to begin can start to seem like a near-impossible task. One spouse may be better informed on the situation than the other. Often times a discrepancy in earnings may leave one spouse feeling like they are at a disadvantage. Fortunately, there are a number of things you can do to begin moving in the right direction, and we can help.
If you haven’t filed for divorce yet, a consultation with John Vance, CFP®, CDFA™ is a chance to have an outside and experienced eye take a look at your situation. We can help you identify information and documentation to gather, important variables to take into consideration before you file, and what the next steps may look like, no matter what you decide.
Contact us to learn more or to schedule your initial consultation.
“My divorce has been finalized. I’m ready to pick up the pieces and get on track financially for the next stage of my life.”
The benefits of having a trusted financial professional on your team don’t stop as soon as the ink on your settlement is dry. We can help you implement the settlement terms you worked hard to agree on, and help rebuild your financial future post-divorce so that you can move into this new stage of your life with clarity and confidence.
Our team of experienced Financial Advisors will work with you to understand where you are now, what your goals are for the future, and develop a customized financial plan to help get you there.Contact us to learn more or to schedule your initial consultation.
What is a CDFA™?
It’s easy to understand that financial implications play a huge role in any divorce settlement. Managing assets and debts, figuring out how to support your family, pay for college, and handle your mortgage are issues everyone deals with, but the added complexity of negotiating these into divorce proceedings can quickly feel overwhelming.
So how can you get the answers you need to make decisions that you are confident in? Being knowledgeable and well-informed is key, but if you aren’t even sure where to start, planning with trusted experts is crucial. For many people, a divorce is the single biggest financial transition they will go through in life, and a Certified Divorce Financial Analyst™ (CDFA™) can really be a difference-maker as you navigate through it.
A CDFA™ can work in a number of different capacities depending on the unique circumstances of each case, but the motivation is always the same; to help create a financial settlement that works – both now and in the future. The Institute for Divorce Financial Analysts explains that a CDFA™ professional can “provide valuable information on financial issues that are related to the divorce, such as tax consequences, dividing pension plans, continued health care coverage, stock option elections and much more. CDFA™ professional’s also help attorneys by helping the client make financial sense of proposals.” Additionally, the benefits of having a trusted financial professional on your team don’t stop as soon as the ink on your settlement is dry. Many CDFA™ professionals will help with the implementation of the settlement terms you worked hard to agree on, and help rebuild your financial future post-divorce so that you can move into this new stage of your life with clarity and confidence.
JOHN M. VANCE, Certified Financial Planner®, Certified Divorce Financial Analyst™, President of Vance Wealth, JERROD FERGUSON, Certified Financial Planner™
John Vance, CFP®, CDFA™ is the founder of Vance Wealth. He has extensive experience working with individuals and families, counseling them on their financial concerns and guiding them towards their financial goals. John is a seasoned instructor with a passion and commitment to educating clients, professionals, and members of the community. He has taught courses through Pasadena City College Extension for over 10 years, and is frequently invited to speak at seminars and workshops throughout the greater Los Angeles area. He is available to present at speaking engagements on a number of topics. Also, many presentations are available for CPE credits for licensed California CPAs! Contact our Marketing Director to learn more.
Certified Financial Planner Board of Standards Inc. owns the certification marks, CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.