Certified Divorce Financial Analyst (CDFA) Irene Smith speaks with Ron and Robert regarding the financial matters all divorcing couples must know. A CFDA is a new designation for assisting couples in divorce. A CDFA is a member of the Institute for Divorce Financial Analysts who specialize 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. CDFAs are also helpful in reducing the costs of divorce.
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