Certified Divorce Financial Analyst (CDFA)
A member of the Institute for Divorce Financial Analysts who specializes in the financial issues surrounding divorce. The role of the CDFA includes acting as an advisor to one party's divorce lawyer, or as a mediator for both parties. A CDFA uses his or her knowledge of tax law, asset distribution, and short- and long-term financial planning to achieve an equitable settlement. Investopedia Says:
To become a CDFA, a person must have two years of financial planning or legal experience. After attaining the proper work experience, candidates are required to complete a four-step modular program and exam designed by the IDFA. The program is a self-study system, covering financial and tax issues, with case studies of divorce settlements. Related Terms:
Academy Of Financial Divorce Practitioners
Certified Financial Divorce Practitioner - CFDP
Institute For Divorce Financial Analysts - IDFA
Postnuptial Agreement
Prenuptial Agreement |