On behalf of Stephen Bedor of Law Office of Stephen J. Bedor posted in high-asset divorce on Friday, January 18, 2019.
When you're going through a divorce and already have a financial planner that you share with your spouse, it's a good idea to stop and think about whether it's a good idea to continue on with that business relationship.
It doesn't usually make sense to retain the same business professionals that you shared with your spouse for the services you need going through a divorce, especially if that accountant or financial planner is still working with your estranged spouse. You don't want to find that there is any conflict of interests.
How can you find a new financial planner when going through a divorce?
One thing you may want to do is to talk to your attorney about the financial planners they would suggest or if your attorney has a financial planner on their team. This could be a great time to get a solid team of people together to work on your case. If they already work together and can communicate well, that's even better for you.
Why is getting the right financial advisor important?
A financial planner's job is to advise you on how to handle your finances during the divorce. They can help you forecast what certain changes will do to your budget and if you'll be able to afford the things you want to do. Your advisor will also be able to help you with things like retirement, banking and investing.
Our website has more information on the importance of a good financial advisor and attorney team. With good help, it's possible to make great financial decisions during divorce.