Navigating a divorce can be a complex and emotionally challenging process, with significant legal, financial, and emotional implications. Our goal is to empower you with financial clarity and support during this transitional period.
To provide you with a clear roadmap for the future, we need to gain a comprehensive understanding of your current and anticipated financial situation. By doing so, we can help you comprehend the impact of divorce on your finances and assist in making informed decisions. We are fully equipped with the necessary tools and expertise to guide you through this process at your own pace.
Once we have gained insight into your financial landscape and future needs, we can collaborate on a customised plan to support you in the short, medium, and long term. Through detailed financial modelling, we can illustrate potential outcomes based on different scenarios, providing you with confidence as you embark on this new chapter in your life.
In many cases, we work alongside our clients' legal teams and divorce lawyers to provide comprehensive support. If you haven't considered engaging a legal professional, we can introduce you to trusted experts, including lawyers and tax professionals, to ensure you have the right support network in place.
Our financial planning services encompass various critical areas, including:
Understanding the Financial Landscape
Gaining a deep understanding of your financial situation is crucial for informed decision-making during the divorce process. This involves a thorough review of your assets, liabilities, income, and expenses.
Budgeting & Cash Flow Management
Transitioning from a dual-income household to a single-income one may necessitate a realistic budget plan aligned with your new financial circumstances. We can assist in identifying essential expenses, setting priorities, and establishing a sustainable cash flow plan.
Asset Division Strategies
We work closely with individuals and legal teams to analyse the implications of different asset distribution scenarios, enabling informed decisions that align with short-term needs and long-term financial goals.
Estate Planning Adjustments
Adjustments to estate plans and legal documents may be necessary to reflect your post-divorce wishes and financial circumstances, and we can collaborate with legal professionals to ensure this is addressed.
Pensions & Retirement Planning
Impacts to existing retirement planning, especially with regard to pension division, require comprehensive review and analysis. We have experience working with Pension on Divorce Experts (PODEs) and can help you understand the implications for your pension savings, factoring in their analysis when making financial recommendations.
Getting the Right Advice
If you are currently going through or have recently experienced a divorce, please feel free to reach out to us for guidance and support. We are here to help you navigate this challenging time.
