Here are examples of how advisors affect divorce proceedings on a day-to-day basis.
There are two complex subjects in a divorce where a financial advisor can be immensely helpful: structuring divorce settlements in a tax-advantaged manner and the division of retirement benefits.
Financial advisors must be careful that they don’t wander into unauthorized law practice.
Lucrative opportunities exist for an experienced financial advisor to serve as a retained expert witness providing testimony in court, says this attorney.
A knowledgeable financial advisor can help divorcing spouses by offering them realistic financial solutions.
Advisors must understand that divorce inherently creates several unique challenges that typical clients will not face when it comes to plotting their fiscal future.