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Financial specialists may be helpful during a divorce

Those who are getting divorced in Florida may want to work with a financial professional before, during and after their marriages come to an end. Working with someone in divorce financial field may make it easier to determine exactly how much an individual is worth. It can also make it possible for a person to determine the value of joint assets such as a stock portfolio or family home.

This information may form the basis of a divorce settlement. In most cases, a financial professional will work with an attorney and others who are part of a divorce team. A divorce financial professional may even be able to assist a CPA or other advisers who are already on a person's team. Those who are settling their divorce in a collaborative manner might be able to use the same adviser as they attempt to craft a settlement.

A divorce financial professional may be able to help an individual or couple create a settlement that is tax efficient. Paying less in taxes may make it easier to replenish a retirement account or pay child support. Working with a divorce financial analyst may help a person better understand how to calculate their tax burden or how to make tax payments in a timely manner.

Working with a team of professionals may help individuals obtain a favorable settlement that includes spousal and child support payments. An attorney may play a leading role in helping to negotiate the terms of that deal. He or she might use information gathered by a CPA or similar individuals to craft a settlement in a timely manner. In some cases, it may be possible to do so without the need for litigation, which may be expensive and stressful for all involved.

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Schipani and Norman, P.A.
1605 Main Street, Suite 1110
Sarasota, FL 34236

Phone: 941-549-8981
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