FDE Services

I treat all clients the same, but differently.  This means that I take time to listen to my clients, address their concerns, provide explanations of concepts and calculations and, ensure they are ready to work with an attorney or any other divorce professional.  I also treat them differently as I tailor my services to the needs of each client.   Some clients may need the organization, education and focus of the Financial Divorce Preparation Program, while others may require that I review a settlement proposal and discuss the results over a phone call.

Preparing for divorce doesn’t have to take many hours and many thousands of dollars.  Many of my clients are able to skip much or all of the Discovery process as the documentation required by an attorney is assembled by the client and provided to me by at our meeting.  This saves weeks of back and forth communications and quite a bit of money as Discovery can cost as much as $8,000 to $10,000.

Below is the Financial Divorce Preparation package, which will ensure you are organized, educated and focused to begin working with an attorney or negotiating with your spouse or a Mediator.

I also provide calculations and reports for:

  • Present Valuation of federal, state and local pensions as well as private employer pensions
  • Tracing and calculation of appreciation/depreciation on separate contributions to 401k, home equity, investment accounts, and other assets.
  • Net cash flow to show a need for spousal support
  • Calculation of lump sum spousal support
  • Calculation of marital and separate portion of Stock Options and Restricted Stock Units to include after tax valuation

Through my work and collaboration with numerous divorce specialists and clients, I’ve been able to compile a list of resource links that are of benefit to the divorce process.  In addition, I’ve written a variety of articles and developed seminars focused on the financial process.

Financial Divorce Preparation – You Have Questions, I have Answers!  A thorough preparation and planning process awaits you.

Expert Financial Divorce Preparation – Let Me Be Your Guide

What You Get:

  • Free 30 Minute no obligation phone call – discuss current situation
  • Become organized in preparation for working with spouse and all divorce professionals
  • Family Law Software input – Confidential, secure web-entry at no-cost
  • If you prefer not to use Family Law Software, you may use my Client Questionnaire.
  • 2 hour in-depth analysis of your personal, financial situation via in-person meeting or by teleconference
  • After our meeting or teleconference, you will receive a written Outline of Issues that we discussed and homework, or items that need to be addressed
  • Plan for moving forward

What you Learn:

THE DIVORCE PROCESS, how long it could take and what to expect

INCOME– gross versus net, salary, income from business, value of perks, bonuses

EXPENSES – Normal monthly, planning for one-time, and paying your bills after divorce

CHILD SUPPORT

  • Types of Physical Custody and definitions of sole, shared, and split custody
  • Physical Suggested Guideline by state and what child support pays for?
  • The 5 Must-Have Details to prevent future payment problems

SPOUSAL SUPPORT

  • Different Types – How Long Does It Last?
  • How it is calculated/determined
  • How much you will get to spend (Taxes)
  • Insuring spousal support

DIVISION OF ASSETS – WHAT IS USUAL?

HOUSE:  KEEP IT OR SELL IT?

  • Title v. Debt
  • Refinancing
  • Permanent or short term
  • Equity v. negative equity – how is it calculated?
  • Staying in the house for the kids – what is your plan?
  • Options and Responsibilities
  • If you co-own the house after divorce, who pays the mortgage, gets the tax deductions, and pays for maintenance/repairs

LIQUID: Cash, savings, money market, mutual funds, stocks, bonds

  • Who keeps what
  • Dividing accounts – the usual procedure

RETIREMENT:   What is it worth and how to divide it and getting your share

  • Court orders and Letter of Instructions
  • Contributory:  IRA, 401-K, 403B, TSP, ESOP
  • Defined Benefit: Military Pension,  Private Pension,  Public pension (CSRS, FERS)
  • Lump-sum present value – buyout
  • Survivor Benefits

MARITAL SOCIAL SECURITY RIGHTS

PERSONAL ASSETS: CARS, FURNITURE, COLLECTIONS

BUSINESS: How to value the business, who keeps it, and payout options

DEBTS:

  • Categories: Credit cards, auto loans, signature loans
  • Credit cards – joint, sole, authorized user and how to divide
  • Pay off strategies – using assets
  • Auto Loans

WORKING WITH AN ATTORNEY – Costs and Benefits

  • Consultation
  • Retainer
  • Court Prep

EVALUATING A PROPOSAL