Resources

Discover curated resources that can help answer your questions about separation and divorce. You’ll find articles, checklists and worksheets to help you gain clarity about your situation and priorities during the divorce process.

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Checklists and Worksheets

  • Worksheet: My Priorities
    Complete this worksheet to help you discover your needs and priorities.
  • Checklist: Getting Organized
    Use this checklist to help you get organized as you begin the process of compiling your financial documentation.
  • Worksheet: To-Do List
    Use this worksheet to help you stay organized through the process.
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  • 07/05/2018
    Pre-divorce financial counseling can help people going through a divorce arrive at a settlement that is fully understood by all involved. The role of the Certified Divorce Financial Analyst® professional is to assist the client and their lawyer to understand how the financial decisions they make today will impact the client’s financial future.
  • 07/05/2018
    Getting divorced in 2018 and planning to pay or receive alimony? You may not realize it, but there’s a tax “timer” hanging over your head and the buzzer is set to go off.
  • 08/29/2013
    If you think that incompatibility, infidelity, and money issues can lead a couple straight to divorce, you might just be right. According to a recent survey of 191 CDFA professionals from across North America, the three leading causes of divorce are "basic incompatibility" (43%), "infidelity" (28%), and "money issues" (22%). "Emotional and/or physical abuse" lagged far behind (5.8%), and "parenting issues/arguments" and "addiction and/or alcoholism issues" received only .5% each.
  • 07/05/2018
    More often than not, the standard of living of both spouses drops in the first few years after divorce. Why? Because the same cumulative income and pool of assets now has to support two households instead of one. Unfortunately, most people don’t prepare themselves financially or emotionally for that consequence. So what can you do to better prepare yourself for this inevitability? The answer is simple, but it’s not easy to put into practice.
  • 07/05/2018
    When contemplating divorce, most people put themselves under undue stress worrying about their financial well-being. Much of that stress is due to the fear of the unknown. So what do you do about it? Before, during, or after a divorce, it is important to keep yourself in reality as to your financial situation. Doing so will give you a sense of control over your life, which will reduce your stress level. The following are some tips on how to effectively do that.
  • 07/05/2018
    It is important for divorcing couples to understand early on that if they have joint debt, their credit ratings are inextricably linked until they separate their obligations. Therefore it is in their mutual self-interest to make payments on time. A bad credit score makes it difficult for both parties to move on. The time to act is before there has been a missed payment. Divorce is stressful and can sometimes lead to erratic financial behavior on the part of a spouse. It is therefore advisable for divorcing persons to take control of payments that affect their credit rating as soon as possible.
  • 07/05/2018
    You’ve sat down with your spouse and hammered out what you think is a pretty great settlement: you get to keep all of the property you really wanted, and your ex-spouse gets stuck with all of the debt. But whether or not that agreement will hold up in court depends on a number of factors, including how it is worded, whether or not there was full financial disclosure by both parties, and possibly whether both parties had independent legal counsel. In this post we discuss what you need to know before creating a settlement agreement.
  • 07/05/2018
    Each state has guidelines to calculate spousal support. However, they are generally just that—guidelines. Whether or not spousal support should be awarded is up to the discretion of the judge. By closely examining the income and assets of each spouse, the judge can determine if spousal support should be paid—and by whom.
  • 07/05/2018
    Here’s a question for you: do you have a written, detailed, up-to-date budget detailing all your daily, weekly, monthly, and yearly expenses and income? If you’re like most people, your answer to this question will be “no.” Understanding your income and expenses will help you to gain control of your finances—and life—during divorce.
  • 07/05/2018
    During the course of your marriage, you accumulated both assets and liabilities. Although there are regional differences when it comes to who gets what, basically, everything purchased, received, or saved during your marriage must be divided when you divorce. So now you’re about to sit down and negotiate a financial settlement with your ex-spouse—but are you truly ready to do so?