PLANNING FOR

Divorce

Separation and divorce isn’t easy.

If you are going through a separation or divorce, you’ll have many financial questions as you navigate the complexities of separating your lives. These questions often revolve around asset division, spousal and child support, tax implications, and future financial planning.

FocalPoint’s Divorce Financial Analysis team, lead by Michelle Aucoin, works with you to develop scenarios for the division of assets and debts and to understand the financial consequences of your divorce. We will strategically guide you through a disciplined financial analysis process, delivered independently of a financial plan.

Planning for Divorce

We can work with you to answer questions like these… because the answers are all about you.

How We Can Help

Whether you’re an employee, sole proprietor, incorporated business owner, or stay-at-home parent, our divorce financial professionals can help address your unique financial questions and challenges.

Navigate Your Divorce

How will our assets be divided, including the house, cars, and other property? And what happens to our joint bank accounts, investments, and retirement accounts?

How will our debts be divided, including mortgages, credit card debt, and loans? And who will be responsible for paying off joint debts after the divorce?

Should I keep the marital home or should we sell it? And how will the sale or transfer of the marital home be handled?

Are you entitled to spousal support, and if so, how much and for how long? And what factors are considered in determining spousal support?

What are the tax implications of dividing assets? And what are the tax implications for child and/or spousal support payments?

How can I create a new budget and financial plan post-divorce? And what steps should I take to rebuild my financial stability and credit score?

Are there professionals who specialize in divorce-related issues? And how can I get support to manage the emotional and financial stress of the divorce process?

How is child support calculated, and what factors are considered? And what are the mechanisms for the structure and enforcement of child support payments?

How and when should I update my will and other estate planning documents after the divorce? And what happens if my spouse dies during the divorce process?

How will the divorce impact my long-term goals, such as retirement or saving for my children’s education? And what adjustments do I need to make?

Is A Divorce Financial Analyst Right For You?

In the event of divorce, there is a strong feeling of uncertainty. FocalPoint has the experience and credentials to create an effective plan to weather the storm.

Schedule Your Consultation
Call Us at 250-863-2952