Wealth Management for Divorce
Taking care of yourself and those who depend on you financially is a big responsibility. Let us help.
Financial Planning for Life’s Next Chapter
There’s no way around it – divorce is hard. When you’re trying to navigate all the challenges of starting a new chapter of life, it can be overwhelming to consider how ending your marriage will impact your finances years down the road. Don’t worry, we’re here for you.
At Creative Planning, we have a team of experienced professionals specifically focused on helping clients navigate the monetary challenges of divorce. We serve as a partner in getting your finances back on track and helping you prepare for the next chapter of life. We’ll take care of the details so you can focus on your family and decide what you want your future to look like.
Put simply, we help you move forward with confidence.
Our divorce-specific services include:
- Determine which assets to keep from a tax and investment return standpoint
- Mock retirement projections to know what is needed in assets or maintenance to achieve your goals
- Working with in-house CPAs to determine impact on your tax situation
- Implement new estate planning documents
- Evaluate beneficiary status on existing life insurance and long-term disability policies
- Division of assets in accordance with divorce decree
- Determine future contribution plans for dependents’ 529 plans
Our Approach
At Creative Planning, we understand how challenging navigating all aspects of a divorce can be. That is why we focus on providing you with confidence and security by helping you determine your financial need, gain an understanding of your options and make decisions that are in the best interest of you and your family.
Recent Insights
Tax Planning and Divorce
As if going through the emotional and financial challenges of a divorce isn’t already difficult enough, you must also consider how your divorce may impact your taxes.
Beyond the Account Balance – Factors to Consider When Dividing Assets in a Divorce
One of the most common mistakes made by couples splitting up assets in a divorce is taking a “snapshot” of all assets’ current market value and using that amount to make decisions. In addition to current value, it’s important to consider the following when assessing the true value of assets.
How Insurance Is Affected by Divorce
Following a divorce, it’s important to ensure you and you children maintain adequate insurance coverage. Here are several important considerations by insurance type.
Post-Divorce Estate Planning
Important Steps to Take Immediately Following a Divorce Following the emotionally draining experience of a divorce, it’s understandable if the last thing you feel like doing is making changes to your estate plan. However, if you don’t take immediate action, your...
