Financial professionals you may want on your divorce team

On Behalf of | Mar 23, 2023 | Family Law |

After an Indiana divorce, you may find yourself trying to get by on just one income, rather than two. Depending on your age and other circumstances at play at the time of your divorce, you may not have an income at all to rely on once your marriage ends. Because your financial big picture may look so much different when your marriage ends, you may find it useful to work with certain types of financial professionals while your divorce is ongoing.

According to Kiplinger, a divorce is often the most significant financial event many people ever go through during their lifetimes. For this reason, it may pay – literally – to have one or more of the following help you navigate the financial implications of your split.

A business valuator

Asset division is complex under any circumstance, but if you or your ex have business interests, things may become even more difficult to work through. A business valuator’s main job is to assess what your business is worth so that you may figure out how to divide its value in your divorce.

A certified public accountant

If you did not have a heavy hand in filing your taxes during your marriage, you may find hiring a CPA to assist you during your split to be especially worthwhile. CPAs help you plan for the inevitable tax implications that come with a divorce. They may also be able to help you find assets your ex might be trying to conceal.

Other types of financial professionals may also prove helpful as you work your way through a divorce, including certified financial planners and certified divorce financial analysts, among others.