Help Your Clients Avoid These Seven Financial Mistakes When Getting Divorced

As a financial planning firm, we often see clients after their divorce is finalized and decisions have been made, only for them to find out that there may have been a better way to split assets, avoid a tax hit, or that important language is missing from a QDRO document.  This presentation is designed to help divorce attorneys create better financial solutions for their clients when negotiating the terms of the divorce agreement. Michael is a certified divorce financial analyst and he will be covering the following topics:

• Tax and financial considerations when splitting the house
• The most common mistakes with and QDRO documents
• Tax pitfalls when splitting retirement accounts
• The impact of divorce on college financial aid
• Strategies to help reduce the tax impact of the change of tax treatment of alimony
• Valuing stock options and restricted stock
• Strategies for addressing financial needs versus financial want
• Structuring insurance policies to protect support payments
• 529 plan pitfalls in divorce
• Financial illustrations that help the collaborative and litigation process