Coming Out of a Divorce With Financial Stability Can Be Done


By Duncan E. White, Owner
Inkpointe Divorce Solutions, LLC

Divorce is a life-altering decision that often comes with a rollercoaster of emotions and uncertainties. From the initial thoughts of separation to the final decision and its financial implications, the process can be overwhelming. However, with careful planning and support, it is possible to emerge from the experience with a sense of financial security. In this blog, we will explore the journey of contemplating divorce, becoming certain of the decision, and working with a Certified Divorce Financial Analyst (CDFA®) to ensure a stable financial future.

The Contemplation Stage

The journey of divorce often begins with feelings of discontent and dissatisfaction in a marriage. During this contemplation stage, individuals may experience a mix of emotions, ranging from sadness and confusion to anger and frustration. It is essential to take time for introspection and evaluate the reasons behind these emotions. Seeking professional guidance from therapists or marriage counselors can be beneficial in exploring potential solutions and uncovering the core issues in the relationship.

The Decision Stage

As the contemplation stage progresses, you may reach a point where the decision to pursue a divorce becomes clearer. This stage is characterized by increased certainty and acceptance of the fact that ending the marriage is the right path forward. It is crucial to have open and honest communication with your partner about your feelings, as they may also be experiencing similar emotions.

Seeking Support

During the decision stage, surrounding yourself with a supportive network of family and friends can provide much-needed emotional strength. Additionally, consulting with a divorce support group can help you connect with others who are going through or have been through a similar process. Their experiences and insights can prove invaluable during this challenging time.

Working with a CDFA

Once the decision to proceed with the divorce is made, engaging the services of a CDFA® can significantly impact your financial stability. A CDFA is a financial professional with specialized training in divorce-related financial matters. Their role is to provide guidance and analysis to help you understand the financial implications of your divorce settlement options.

Organizing Finances

At the onset of the divorce process, gathering all financial documents and organizing them is crucial. This includes records of assets, debts, income, expenses, investments, and retirement accounts. A CDFA® can assist you in creating a comprehensive financial inventory, which will be the foundation for your future financial decisions.

Analyzing Settlement Options

During divorce negotiations, various settlement options will be presented. It is essential to carefully assess each option with the help of your CDFA®, taking into account both short-term and long-term financial impacts. Considerations such as child custody arrangements, spousal support, and property division should all be carefully evaluated.

Ensuring Long-Term Financial Security

A CDFA can also help you project your financial situation into the future, accounting for inflation, changing tax laws, and life events. This projection will assist in determining the sufficiency of your financial resources to support your desired lifestyle after the divorce is finalized.

Post-Divorce Financial Planning

After the divorce is finalized, it is vital to continue working with your financial planner to execute your financial plan effectively. This might involve adjusting your investment strategy, creating a budget, and planning for retirement and other financial goals. Afterall, the goal is to not only get to your divorce date, but through the rest of your financial life! A solid financial plan coming out of a divorce is the best result you can ask for.

The journey from contemplating divorce to achieving financial security can be challenging, but it is not insurmountable. Surrounding yourself with a strong support network and enlisting the expertise of a CDFA® will help you navigate this life-altering process more smoothly.

Remember, with careful planning and a clear focus on your long-term financial well-being, you can emerge from divorce with newfound strength and stability.


Duncan E. White is a Certified Divorce Financial Analyst (CDFA®) and has been a licensed financial advisor since 2010. He leads a Second Saturday Divorce Workshop each month for the benefit of those seeking information about the divorce process.

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Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. LPL Financial and Inkpointe Divorce Solutions do not offer tax, legal or mortgage lending services or advice.