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Divorce Financial Analysis
Divorce Financial Analysis

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Due to the increasing financial complexity of divorces, those divorcing, their attorneys, mediators, or arbitrators are turning to financial planners to sort through the often complicated financial issues involved. Without close scrutiny before settlement, serious mistakes can be made and may only be discovered long after the divorce is finalized.

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Examples of Common Mistakes of Divorce Settlements:

  • Incorrectly assuming that an overall 50/50 split is equitable. Tax and other consequences need to be considered.

  • Retaining the marital home when it is not affordable.

  • Not considering the tax ramifications of keeping and then later selling the marital home.

  • Incomplete knowledge of retirement plans, stock options, and other employee benefits.

  • Inaccurate information and/or calculations of child support.

  • Not considering long-term inflation and/or investment returns.

  • Allowing strong emotions that are present during the divorce process to skew financial reason.

Gladwyn Financial Advisors, Inc.

13603 Gladwyn Court

Chantilly, VA 20151

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Disclaimer: Advisory services offered through Gladwyn Financial Advisors Inc. an investment adviser registered with the Securities and Exchange Commission. Advisory services are only offered to clients or prospective clients where Gladwyn Financial Advisors Inc. and its representatives are properly registered or exempt from registration.

 

The information on this site is not intended as tax, accounting or legal advice, nor is it an offer or solicitation to buy or sell, or as an endorsement of any company, security, fund, or other offering. Information provided should not be solely relied upon for decision making. Please consult your legal, tax, or accounting professional regarding your specific situation. Investments involve risk and have the potential for complete loss. It should not be assumed that any recommendations made will necessarily be profitable.

 

The information on this site is provided “AS IS” and without warranties either express or implied and the information may not be free from error. Your use of the information provided is at your sole risk.

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