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Financial professionals you may want on your divorce team

On Behalf of | Apr 12, 2023 | Divorce

When your North Carolina marriage runs its course, you may worry about maintaining your current lifestyle, having enough socked away for retirement and otherwise having your financial ducks in a row. A divorce may have a significant impact on your current finances and your financial future, but there are steps you might take to minimize the impact and give yourself a strong chance of establishing financial stability.

According to Kiplinger, one way to set yourself up for a strong financial future, post-divorce, is to work with certain financial professionals while your divorce is ongoing. The following are some of the common types of financial professionals who might help you in various ways.

A certified financial planner

The main job of a CFP is to help you set yourself up for financial success and stability in the future. Often, these professionals focus their efforts on risk mitigation, retirement planning, investment strategies and similar areas.

A certified public accountant

When you file your taxes after a divorce, things are going to look quite a bit different than they did during your marriage. A CPA should be able to help you plan for the inevitable tax implications that accompany a divorce. Some CPAs also double as forensic accountants, meaning they might be able to help you determine if your spouse is hiding assets from you.

A business valuator

If you or your spouse own a business or if the two of you own one together, you may need a business valuator to step in and help determine its value.

Other financial professionals you may want to enlist while navigating your divorce include certified value builders or certified divorce financial analysts, to name just a few.