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Family Law For Men.
Estate Planning And Elder Law For Everyone.

Family Law For Men.
Estate Planning And Elder Law For Everyone.

Reasons to leave a financial adviser when a marriage ends

by | Jan 16, 2019 | Family Law For Husbands

Getting a divorce in Alaska may mean getting a separate financial adviser as well. This is partially because it is important to be as independent as possible during the divorce process. It is also because there could be conflicts of interest if one spouse has a stronger relationship with the former couple’s current financial adviser. An attorney may be able to suggest an adviser to work with, and ideally, an individual will receive at least two names.

A financial adviser will generally be able to help a person answer questions such as whether the house is worth keeping. Furthermore, this type of adviser can help a divorcing individual determine if he or she needs to go back to work or learn how to create an investment portfolio. However, this is not the only professional who should be part of a divorce team.

It can also be worthwhile to have an accountant and a forensic accountant. A forensic accountant is someone who can help an individual find hidden assets if they exist. An estate planning attorney can also be an important part of a divorce team. For many, it may be necessary to make changes to beneficiary designations or to a will or trust document.

Men in Anchorage, Alaska, who are going through a divorce may benefit from seeking the advice of an attorney. A legal representative may be able to provide more information about other professionals who may help in a divorce proceeding. This could make it easier for an individual to create a financial plan after a divorce that accounts for child support or other expenses. It may also allow a person to account for taxes when making such a plan.