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In my last article, I talked about how women facing divorce also must face the new reality of budgeting.

I’ll bet you dollars-to-donuts that, 20 years ago, when LegalZoom was established and they came up with that cool name, that no one in the room ever imagined that, someday, everyone would be doing tons of legal work... over Zoom.

I know firsthand how the end of a marriage can prove a difficult time for any woman, both personally and financially. As you’re adjusting to your new lifestyle, it is important to consider how your tax obligations might change as a result. 

Like you, I have a specialized practice. You’re an attorney who chose to specialize in family law. I’m a CPA (and a Certified Financial Planner™ professional) who chose to specialize in helping women (and the attorneys who serve them) with the financial side of divorce.

In about 75 percent of marriages, the husband handles much of the finances, especially the investments and taxes.

In the context of divorce, a forensic accountant investigates the marital assets to appropriately evaluate their complete financial picture. This aids the court in determining a more just and fair settlement for the parties.

When I sat down to write this month’s article, the intended title had nothing to do with your ability to generate ongoing referrals from previous clients, or any “window of opportunity” thereof.

One of the scariest aspects of divorce, for women, is the most basic question about the financial future. Will you have enough to make it on your own?

Many women facing divorce, as well as their attorneys, decide to work with divorce financial advisors. Adding a financial planner’s expertise to the divorce team provides key assistance in preparing a case for litigation or mediation in Arizona cases.