CERTIFIED DIVORCE FINANCIAL ANALYSTS®

Michele Fortney – Leach as a CDFA® works with clients individually or as couples, helping them to come to grips with the financial reality of their individual divorce situation. Developing comprehensive insight of the short and long-term financial effects of divorce can save valuable time, money, and distress, especially if the process is conducted early in the legal proceedings. 

A CDFA professional is someone who comes from a financial planning, accounting or legal background and goes through an intensive training program to become skilled in analyzing and providing expertise related to the financial issues of divorce. The CDFA professional:

  • Provides the client and lawyer with data that shows the financial effect of any given divorce settlement.
  • Appears as an expert witness if the case should go to court, or in mediation or arbitration proceedings.
  • Is familiar with tax issues that apply to divorce.
  • Has background knowledge of the legal issues in divorce.
  • Is trained to interview clients so as to:
  • Collect financial and expense data.
  • Help clients identify their future financial goals.
  • Develop a budget.
  • Set retirement objectives.
  • Identify what kind of lifestyle they want and can afford.
  • Determine the costs of their children’s education.

Michele believes misinformation and misconceptions about the divorce process can be detrimental.  “Many have false expectations that they will be able to secure a divorce settlement allowing them to continue with their accustomed style of living.  That is not always possible.  I’m there to help ensure a good, stable economic future and prevent long-term regret with all financial decisions made during the divorce process.”