IDFA Online Learning
Breakout Sessions - Track A
Executive Compensation 1:00 p.m. - 2:00 p.m.
Executive Compensation
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Would you like to gain an in-depth understanding of exactly how to handle the most common executive compensation awards in a divorce situation?
We will cover:
- Stock Options
- RSU’s
And discuss:
- Are they marital?
- Are they vested?
- Will they be valued?
- How will they be divided?
- What are the tax implications?
- Will they be considered and asset, income or both for purposes of spousal maintenance and child support?
- And much more!
Speaker
Nancy Hetrick, CDFA®, MAFF™, AWMA®
Attorney-CDFA Relationships: Case Studies on Teamwork 2:15 p.m. - 3:15 p.m.
Attorney-CDFA Relationships: Case Studies on Teamwork
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We will go through four case studies based on real cases and discuss the successes, failures, frustrations, and outcomes. The focal point for each will be how the CDFA recognizes issues that may be in the attorney’s blind spot. Significant emphasis will be placed on issues pertaining to current taxes, future taxes, and future cash flows based on the proposed property settlement. We will also discuss areas where we might obstruct efficient settlement.
Speakers
Mark Prendergast and Janet Dockstader
Breakout Sessions - Track B
The Last Puzzle Piece: Divorce, Medicaid and Long-Term Care Planning 1:00 p.m. - 2:15 p.m.
The Last Puzzle Piece: Divorce, Medicaid and Long-Term Care Planning
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Long-Term Care planning is often forgotten as a critical piece of divorce planning. Find out which tools your client needs to make a plan and keep a plan in place. Also learn the real cost of long-term care and how Medicaid can help or hinder a plan or decimate assets gained in a divorce when the long-term care piece of the puzzle is lost.
Speaker
Cathy Sikorski
How to Practice as a CDFA in the Wirehouse World 2:15 p.m. - 3:15 p.m.
How to Practice as a CDFA in the Wirehouse World
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Join our participants as they discuss how they have navigated questions such as:
- How to market my CDFA services?
- What software can I use, has compliance approved it?
- How can I charge for my services, can I charge for my CDFA work?
- How to handle existing clients who announce they are divorcing?
- What is the biggest obstacle to a successful CDFA practice?
Speakers
Sylvia Guinan, Danielle Adalma, and Paula Sabbaghta
General Session
What Is Collaborative Practice and How Can a CDFA Be Part of the Process 3:30 p.m. - 4:30 p.m.
What Is Collaborative Practice and How Can a CDFA Be Part of the Process
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Collaborative Practice is a voluntary dispute resolution process in which parties settle without resort to litigation.
In Collaborative Practice:
- The parties sign a collaborative participation agreement describing the nature and scope of the matter;
- The parties voluntarily disclose all information which is relevant and material to the matter that must be decided;
- The parties agree to use good faith efforts in their negotiations to reach a mutually acceptable settlement;
- Each party must be represented by a lawyer whose representation terminates upon the undertaking of any contested court proceeding;
- The parties may engage mental health and financial professionals whose engagement terminates upon the undertaking of any contested court proceeding; and
- The parties may jointly engage other experts as needed.
Collaborative Practice provides you and your spouse or partner with the support and guidance of your own lawyers without going to court. Additionally, Collaborative Practice allows you the benefit of coaches, child, and financial specialists all working together with you on your team.
In Collaborative Practice, core elements form your commitments to this process, which are to:
Negotiate a mutually acceptable resolution without having courts decide issues.
Maintain open communication and information sharing.
Create shared solutions acknowledging the highest priorities of all.
Financial Professionals work as Neutral Members of the Professional Team and play an important role in the Collaborative Process. From helping gather all of the financial information concerning the family, to developing strategies and potential outcomes that meet the party’s goals and interests, having the work handled by a Neutral Individual can make the difference for any spouse who is concerned about a power imbalance that may have occurred during the marriage. The Financial Neutral is paid on an hourly basis and while they cannot accept any post CP business from either party (which would question Neutrality) they often cross-refer to other Financial Specialists involved in their Collaborative Practice Group.
Join me in learning about this powerful process and how it can help you find passion in helping families going through Divorce.
Speaker
Ross Evans
