New Jersey couples may want a financial advisor in divorce | Lane & Lane, LLC
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New Jersey couples may want a financial advisor in divorce

Divorce can be an extremely difficult process for the parties involved, and if the right steps are not taken, it can leave the individuals hurt both emotionally and financially. However, if certain steps are taken by the parties involved in the divorce, there is potential for the pain caused to be lessened slightly. One option that New Jersey individuals may want to think about is a financial advisor.

The financial aspect of divorce can be confusing for a normal individual, which means that a good financial advisor can be beneficial for the individual while they sort through the process. One of the major things that an individual may want to look for is someone who is certified to work with and analyze the finances of divorce cases. This certification shows that the advisor knows how the financial aspects of divorce come into play with taxes, the division of assets and even child support.

The majority of financial advisors that cater to divorces generally understand how a divorce can restrict an individual’s finances, and therefore may have fees instead of commissions. They may also offer credit options, which would allow the individual to use their services even if they did not have the assets at that time. Finally, many certified financial advisors understand the emotional pain that an individual may be going through, and will know how to act appropriately.

Hopefully, many New Jersey couples will not need the services of a financial advisor in their divorce. However, it is understandable if their services are needed along with other help as divorce can be very confusing. Their help could allow individuals in an especially confusing case to move on more quickly and start their new lives.

Source: Financial Advisor, "5 Steps For Maximizing Profitability And Marketing Services To Divorcing Clients", , Aug. 25, 2014

Source: Financial Advisor, "5 Steps For Maximizing Profitability And Marketing Services To Divorcing Clients", , Aug. 25, 2014

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