Post-Divorce Financial Goals
Are you Comfortable with Current Advisor?
Is There a Conflict of interest?
Budget
1. Review and update from Statement of Net Worth based on new living situation
a. Child support:
I. How paid?
II. How much?
III. When does it change?
IV. When does it end?
b. Maintenance:
I. How paid?
II. How much?
III. When does it end?
2. College costs:
How are they allocated?
Short‐ Term Financial Goals
1. Present‐ 3 years out
2. Review investments for suitability to meet changed needs
3. Liquidity concerns?
4. Cash flow?
Long‐Term Financial Goals:
1. Three years out to end of child
2. Support and Maintenance, into Retirement , when appropriate
3. Is there enough income post‐maintenance?
4. Review retirement plans, investments for suitability.
5. Consider long term care plans and contingencies
6. Consider legacy issues