Divorce is probably one of the most challenging life transitions someone has to go through. It is not only emotionally exhausting, it can create negative financial consequences for too many couples.
At NorStar Financial, working within the context of the legal divorce process, our role is to assist the client and his or her team of professionals to understand how the financial decisions that are made today will impact the future.
The planning services we do is to alleviate the client’s stress, fear and agony during these difficult times. Most importantly, we want to help our client move forward confidently post divorce.
Complete Financial Planning for Divorcees
– Conducting a comprehensive assessment of the divorcing couple’s finances
– Helping client understand the outcomes of divorce settlement options
– Answering client’s biggest question: ” Am I going to be financially OK?” by modeling client’s future financial scenarios.
– Discussing client’s health care insurance needs and continuation of coverage
– Reviewing client’s risk management needs post divorce including but not limited to life, disability, property and casualty as well as long-term care insurance
– Helping client understand Social Security elections and payouts due to the divorce
– Estate planning for client’s post divorce situations
– Pre-committment discussion of financial matters before your entering a committed new relationship
– And many more…