With the steady increase in divorce rates likely throughout this decade, and client future assets and income looking very differently than originally planned, how can we help our clients stay focused and continue to reach their objectives during a client environment previously not anticipated. Divorce is a major life changing event that affects clients in a variety of ways. It is an emotionally draining process, let alone a complex financial nightmare for most clients. Divorce can be one of the most devastating occurrences for your clients. Many times, our clients are not thinking clearly during the process, and by the time they realize it, it could be too late!

The initial financial plan can look vastly different before and after a divorce. Many advisors try to figure out the best ways to split marital assets, debt, income, and expenses, but the most significant problems began beforehand when the client is not fully prepared and then arise differently afterwards when clients realize that key assets have been undervalued and tax consequences not factored into the calculations used during the valuation process. If your client’s divorce is not handled properly, whereby if an adequate split is not negotiated or thought through properly, the results may never allow your clients the appropriate timeline to recover!

Join course presenter Jeff Rattiner, CPA, CFP®, as he prepares a path for your clients to pursue by thinking through the critical and timely decisions that must be made. This session will deal with the pitfalls one faces pre- and post-divorce and solutions that can be used to address these existing and future weaknesses. Issues will be covered from a financial and tax standpoint and include valuation, retirement, business valuation and succession, splitting assets and income, prenuptial and post-nuptial agreements, and the re-evaluation of goals after the divorce becomes final. Join this course to learn how to effectively guide your client through this difficult and complex situation. To address these pitfalls and ongoing concerns, there are many planning strategies that present themselves for CPAs and financial advisors to work with their clients in the area of planning for divorce.