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FOR MATRIMONIAL ATTORNEYS
Financial planners are recognized experts in the area
of personal finance. Financial planners trained in divorce
can be an extremely valuable resource during the divorce
process because they understand the legal process, as
well as divorce-related financial and tax issues, and
are capable of working with emotionally charged clients.
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and Ability to Pay
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Forward Looking
Planning for the future is an essential part of every
divorce and fundamental to financial planning. Settlements
that look fair initially may become inequitable or unworkable
over time. A standard part of the financial planning
process is the projection of future results. For instance,
financial planners project retirement income into the
future in order to calculate the annual contribution
necessary for a desired post-retirement lifestyle. Divorce
planners are cognizant of how a person's financial situation
can change over time and can produce 10 or 15-year cash
flow projections of settlement proposals in order to
check long-term workability.
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