At IDR, the CDFA™ helps clients determine the short term and long term financial impact of any proposed divorce settlement. They also provide valuable information on financial issues that are related to the divorce, such as tax consequences, dividing pension plans, continued health care coverage, stock option elections and much more.
CDFA™’s also assist attorneys by helping the client make financial sense of proposals, including the short and long-term ramifications. The IDR CDFA™ can give the attorneys some of the tools they need to help prove the case.
Should a person hire a CDFA™ instead of an attorney?
Definitely not! The CDFA™’s role is to assist the attorneys, the mediator and/or the collaborative team, not replace the attorneys. CDFA™’s are not attorneys and cannot give out legal advice.
Can CDFA™’s act as a neutral party to help a couple reach a settlement?
IDR’s CDFA™ is also a trained mediator and often times take a role in facilitating mediation and collaborative divorces.
