Bill Lako, Principal Managing Director of Henssler Financial, discusses the importance of financial advising in divorce with DadsDivorce.com editor Matt Allen.
Lako describes how a certified divorce financial analyst (CDFA) can help individuals involved in the divorce process protect assets, sort out complicated tax and financial matters and come up with an equitable situation.
CDFA's often make sure that their clients are thinking clearly and can come up with a long-term plan for financial planning. Lako also mentions that a CPA can be hired in the divorce process to help look at tax matters and financial matters in the moment.
My wife and I have been married for 14 years. After her kids are grown, she has met another man and wants to file for diorce. She wants me to move out of the house now, too.
I am currently job hunting and having a hard time getting back into the workforce. I also have nowhere to go and do not currently have money to live on if I move out.
Can she force me to move and be homeless? If I do find someplace to live, is she required to pay alimony?
I have been receiving $1000 in alimony from my ex wife for the past six years. This is because I've been on Social Security Disability Income since before our divorce.
She is always late with payment, even though she's supposed to pay at the beginning of every month. Sometimes, she goes into arrears and just pays as she pleases.
Is there any way the court can reevaluate the alimony and situation? Can monetary adjustments be made?
My wife makes a lot more money than I do. We are about to get a divorce.
If her salary is much larger than mine, can I get alimony from her then?
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