Toth Financial, LLC

100% of divorces involve financial settlements.   Divorce is a time of emotional upheaval which requires plans for the children, division of property and financial support arrangements.

A Certified Public Accountant is trained to review financial information, analyze and interpret financial data, understand tax implications and provide investigative or forensic accounting services.

A Certified Divorce Financial Analyst is trained to educate clients on the financial aspects of divorce, determine the financial impact of settlements, and serve as a financial expert on divorce cases.

A Neutral Financial Specialist in the team approach to Collaborative Divorce helps a couple understand their assets and debts and provide them with information such as tax advantages or disadvantages of various settlement options.  They assist in gathering and organizing financial information, preparing needed financial documents, and assisting in negotiating financial outcomes that meet the needs of both the husband and wife. This role is often filled by a financial professional such as a CPA or certified divorce financial analyst.

A Mediator is a neutral party trained to help couples resolve disagreements without resorting to a traditional trial.   Mediation is a confidential, voluntary process in which the couple makes the decisions.

Kathleen Toth is a CPA and CDFA who is trained in Mediation and Collaborative Divorce. 

What does a CDFA do?

• Pre-divorce financial planning to help clients understand the potential financial implications of separating households and assets and liabilities. 
• Help clients determine the short-term and long-term financial impact of any proposed divorce settlement,
• Provide valuable information on financial issues related to the divorce, such as tax consequences, dividing  pension plans, continued health care coverage, stock option elections and much more, and
• Take a neutral financial role in facilitative mediation and collaborative law.

IMPORTANT NOTE:  CDFAs are not attorneys and do not provide legal advice.    Always consult an attorney regarding the legal issues of divorce.

Visit the Institute for Divorce Financial Analysts website for more information on Certified Divorce Financial Analysts (CDFAs).

A good article to read is:                    5 Divorce Minefields ...Role Of The Certified Divorce Financial Planner

Top 5 Reasons for hiring a CDFA during the divorce process:

1.  Financial analysis conducted early in the divorce process can save time.

2.  A CDFA can help their client save money during the divorce process.

3.  A CDFA can help their clients avoid long-term financial pitfalls related to divorce agreements.

4.  CDFAs can assist their clients with developing detailed household budgets to help avoid post-divorce financial struggles.

5.  Using a CDFA can reduce the amount of apprehension and misunderstanding about the divorce process.

Additional information to consider:

FL divorce information

VA divorce information

Documents needed

Military divorce

The Top 16 Financial Mistakes to avoid during divorce