![]() Taxes - Decisions made during the divorce process can have long-term effects on federal and state income tax. Retirement Savings - When you are dividing one house into two (metaphorically and realistically), you will likely need to reassess your previous retirement dreams and plans. Gary understands that each client has their own unique situations so he tailors every clients plan to meet their financial. Spousal Support - Also referred to as alimony or maintenance, spousal support is financial support paid to one spouse from the other paid in one lump sum, installments, or by a schedule which can be temporary or permanent. Gary Wurl - Certified Financial Planner, is a fiduciary wealth advisor who administers sound personal and professional advice on financial planning, investment management and retirement. read moreĬhild Support - The money the non-custodial parent pays to the custodial parent to help pay for the needs of the child based on a series of mathematical formulas that help derive the proper amount of child support that should be awarded, frequently through automatic wage deduction. Many people don‘t realize the implications of dividing a 401(k). read moreĤ01K - A 401(k) is often the most valuable asset being divided in a divorce. The 10 Best Financial Planners Near Me (with Free Estimates) Find a financial planner near you 100+ near you Confirm your location to see quality pros near you. More than just an investment with financial value, the house is a repository of memories, hopes and dreams, items purchased together as a couple, as well as a safe haven for the children. If you are a financial professional interested in using your expertise to help clients and attorneys navigate the financial and tax decisions of divorce, we hope you will take a few moments to learn more about ADFP and the resources and programming we offer our members.ĭividing The House - The marital home is perhaps the most emotionally laden asset in divorce. If you are contemplating divorce and looking for more information, we encourage you to explore our public resources and Find a Planner search to locate a qualified divorce financial planner near you. The Association of Divorce Financial Planners (ADFP) is the membership organization for expert financial professionals committed to helping clients and attorneys navigate the financial and tax consequences of divorce. A degree in commerce can also be used as a stepping-stone to graduate studies or another professional degree such as law, medicine, veterinary medicine, or education.Welcome to the Association of Divorce Financial Planners ![]() Career opportunitiesĪs a graduate of the Bachelor of Commerce degree with a concentration in personal financial planning, you'll be prepared for global career opportunities in the areas of personal wealth management, banking, investment planning, and more. You'll complete formal presentations, group projects and various case studies during the course of your degree. Over the course of your studies you'll be introduced to tools such as planned giving, life insurance, and wills so you can assist individuals who face complex challenges in achieving their financial goals. Personal financial planners provide expertise to individuals in matters related to taxes, investments, retirement, and estate planning. ![]() Personal financial planners ask questions such as: Are mortgage rates expected to rise? What legal restrictions govern tax shelters in Canada? How much will you need to save for retirement? ![]()
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