FAQs

What is the Divorce Financial Portrait™?
A personalized financial divorce plan that prepares you for divorce.

The Divorce Financial Portrait™ includes:

  • CDFA Financial Analysis – Expert financial analysis, based on your income, assets, expenses, and liabilities, with property division scenario based on client(s)’ request
  • Financial Disclosures – State specific financial disclosures and family budgets
  • Settlement Negotiation Tool – A comprehensive report identifying property settlement considerations and implications
  • Divorce Preparation Platform – Secure, mobile access to us and your catalogue of documents anytime, anywhere
  • Support Calculations – Financial calculations for support (if applicable) 

The Divorce Financial Portrait™ puts you in control of your divorce – giving you the financial insights required to make informed, confident decisions throughout divorce. 

Does The Divorce Financial Portrait™ Work in My State?
Yes, all of our services, including the Divorce Financial Portrait™, are available in all 50 US States. 

 

Can I Work with My Divorce Solution If I Already Have a Lawyer or Mediator?
Yes! We love working with client(s) who’ve connected to a professional divorce team.  Our work does not replace attorneys or mediators.  We are additive – not replacements. 

The Divorce Financial Portrait streamlines the expensive Discovery and Settlement phases, but it doesn’t replace the work divorce professionals do to represent your interests and negotiate on your behalf. 

The Divorce Financial Portrait puts you in control in your divorce and gives your attorney / mediator a clear financial plan to securing your financial future.

 

Do I Need a Divorce Financial Portrait™ if I’m doing a DIY Divorce?
No matter which way you get divorced, The Divorce Financial Portrait will always be the best way to prepare for divorce because it puts you in control with the financial insights needed to make clear, confident negotiation decisions. 
Do I Need an Attorney or Mediator if I get a Divorce Financial Portrait™?
Yes, in most cases, divorce attorneys and mediators are an essential part of the divorce process.  The Divorce Financial Portrait is not a replacement for legal representation.  The Divorce Financial Portrait is a personalized financial divorce plan that you provide your attorney / mediator so they understand what’s important to you.

We recommend everyone develop a professional divorce team specific to the complexity of their divorce. 

Who is the Divorce Financial Portrait™ For?
We work with anyone going through a divorce. We can work with individuals or families.  Ideally, we support clients at the beginning of the divorce journey, but we also support clients deeply entrenched in legal battles that need a framework for smart financial decisions beyond a net worth statement. 

We’d love to support you if you’re at any of the following stages:

  • Considering divorce and looking for information on its impact on your financial future
  • Separated and ready to move forward with the division of assets and property
  • Entrenched in a contentious legal battle that seems to be going nowhere and in need of expert, third party financial analysis
Who Is My Divorce Solution?
We are two women who went through divorce, felt “there’s got to be a better way,” and co-founded My Divorce Solution so others don’t have to face divorce like we did – alone, fearful, and uncertain.
What is a Divorce Financial Specialist?

Navigating the complex waters of divorce can be challenging, but with the right guidance, it can be a transformative journey towards a brighter financial future. At My Divorce Solution we’re proud to introduce the role of a Divorce Financial Specialist, who takes the expertise of a Certified Divorce Financial Analyst (CDFA) to the next level.

Financial Discovery: They identify the essential financial documents required to establish the marital or community estate. No stone is left unturned when it comes to gathering crucial information.

Asset Valuation: They determine which assets require formal appraisals and collect the necessary documents to effectuate these appraisals or valuations.

Valuation Assessment: They set the date for assessing the value of the marital estate, ensuring a fair and equitable division of assets.

Debt Evaluation: They conduct a comprehensive evaluation of debts, providing you with a clear picture of your financial obligations.

Lifestyle Analysis: They perform a lifestyle analysis, helping you identify the lifestyle during the marriage and post-divorce, enabling you to plan your financial future with confidence.

Separate Property: They identify any property claimed as separate by either spouse and advise on the supporting documents needed.

Support Calculations: They propose financial support calculations as needed, ensuring that your financial needs are accounted for.

Pension Valuations: If necessary, they perform pension valuations, simplifying this often complex aspect of divorce finances.

Division Scenarios: They develop various asset and debt allocation scenarios, considering equitable distribution, state requirements, and your family’s goals, so you’re well-prepared for negotiations.

Financial Considerations: They highlight financial considerations pertinent to the marital estate, ensuring that all crucial points are addressed during financial settlement agreement negotiations.

Coordination: They coordinate their findings with your divorce professionals, ensuring a symmetrical flow of information and data throughout the process.

Certified Expertise: As a CDFA certified by the IDFA, they bring a minimum of 5 years working as a CDFA and an exceptional level of expertise to your divorce proceedings.

Neutrality: They remain neutral and don’t provide investment or investment management services during or after the divorce. Their focus is solely on your financial well-being.