Watch this short video to find out what a Financial Divorce Specialist is and how I can help you.
What is a Divorce Financial Advisor?
As a Chartered Financial Divorce Specialist (CFP, CFDS), I can answer any financial questions you may have related to the separation process.
In a perfect world, I help couples work their way through challenging financial decisions as a cohesive partnership. In reality, I most often work with clients considering separation or divorce who want to know their financial options, or want a reality check for their new future.
As a Divorce Financial Advisor, I empower couples with strategies needed to make smart financial decisions in often emotional times.
Financial decisions are easy when you’re single—because it’s all about you.
But in a situation where you’re entering into a partnership, or deciding to end a partnership, decisions need to be made between at least two people.
And whether we like it or not, those two people will have two completely different personalities, two different sets of habits, and two sets of values. And there are often others involved too, like parents or children.
If you’re going through marriage, separation, or divorce, or if you’re remarrying, it can have a massive impact on your finances.
Money is the most common cause of dispute within a family. I will help you understand the potential ripple effect your decision will have—whether you decide to separate or stay together. I will make sure everyone is on the same page, so that everyone is at the same starting point before making potentially life-altering decisions.
Why use a
Financial Divorce Strategist?
Here’s why anyone going through a separating should consider using a Financial Divorce Specialist (CFDS):
I help couples identify all of their financial options when going through a separation. Together, we craft a financial separation agreement that is acceptable to both parties.
This reduces stress in an already-stressful situation, avoids costly legal fees, and helps you come to a much faster settlement.
Because no matter what your situation is, whether you have children, a business, or a pension—whatever your situation—it’s emotional. I provide an objective viewpoint to give you a broader perspective.
Are you a professional who is serving in a divorce action? You can also benefit from working with me, a divorce strategist:
If you are representing a client going through a divorce, I can facilitate coming to a mutually agreeable solution. I provide precise modelling of agreements and assist in enhancing the positive working relationship between client and attorney, resulting in a stronger legal position, thanks to my role as an objective, third-party expert.
Frequently Asked Questions
Why do I need a Divorce Strategist when I already have a lawyer?
A Chartered Financial Divorce Specialist can provide the most beneficial solution when a family is faced with dividing assets. You benefit from having an objective third party specially trained in financial matters to offer financial insights. I help you avoid making uninformed and potentially costly choices. Lawyers are trained in legal issues, not financial or tax areas, and they often prefer not to deal with these areas in great depth. The team approach provides the best solutions possible for your stronger financial future.
Will it cost more if I use a lawyer and a Divorce Strategist?
You can reduce your legal costs by working with a Chartered Financial Divorce Strategist (CFDS) because we can help you understand your financial status and your options. Couples often get stuck on a particular issue or issues that are not really worth battling over. Together we work through your options and choices.
What is the approximate cost of a Divorce Financial Advisor?
It depends on the situation and the amount of hours involved as well as the complexity of the specific circumstances. Fees range from as low as a few hundred dollars to several thousand in a complex case.
Can a Divorce Strategist perform the complete divorce without a lawyer?
No, the role of a Divorce Strategist (CFDS) is to deal with the financial areas of a separation or divorce as we are not trained as lawyers. I recommend that you use a lawyer to deal with the legal aspects of your case.
Will using a Divorce Strategist mean getting a bigger settlement or more support?
No, we provide information and specialized reports to give you the tools to make better choices. This can result in a more satisfactory settlement for everyone involved.
Let's work together.
1605 Bay Street
Nanaimo BC V9T 2Z8