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You're Not Alone We understand that this is a emotional time. Whether you are a man or a woman, or in a same sex relationship, you may have concerns such as:
Concentrating on matters financial (while recognizing the emotional issues) is just as calming when advising on the financial matters of pre-nuptual agreements and re-marriage. Tip: It is important to consult with a CDFA™ as early as possible in the change process. For example, in a divorce, we work with you, your attorney (or mediation or collaborative
team), financial advisors, and CPA to understand and develop short and long term financial scenarios that meet your needs
and are acceptable to all parties, including the Court. How Coastal Wealth Advisors LLC Works with You Your attorney acts on legal issues. Coastal Wealth Advisors specializes in financial matters incident
to pre-marriage, separation, divorce, after divorce, or remarriage only. Thus we complement the work done by your attorney.
Unlike the simple financial forms provided by many state courts, our scenarios include state, federal, military, and IRS financial
regulations that are key to your long-term peace of mind. One helpful tool we use is to compile financial data and provide
color spreadsheets and graphs that are powerful yet easy to read and explain to the parties and the Court to help attain a
fair settlement now and hopefully many years in the future. We are Fee Only Certified Divorce Financial Analysts™ As
a rule, our first one hour discussion is free. Like your attorney or CPA, our fees are billed on an hourly or an
engagement basis. This way we can be objective about the financial scenarios we propose to you, your attorney, and your team
of advisors. Unlike other financial advisors who are also CDFAs, we sell no financial products
before, during or after the engagement. We are NOT compensated by the sale of any financial product or a percentage of assets
under management before or after the action. If we recommend financial instruments to help
your attorney achieve a fair and equitable settlement, we are happy to consult with your present financial advisor or refer
you to a number of financial advisors if you do not have one. Remember that if you are sharing
a banker, a trustee, a financial advisor or CFP® with a spouse, that advisor must disqualify herself from advising
or acting for either spouse during the action. Tip: It is important to let your advisor know you have a separation or divorce
action pending as soon as possible so they can act in accordance with regulations, e.g., freeze assets. Check with your legal
advisor. We can also refer you to attorneys and CPAs whose specialty is these matters. We do not
give legal advice.
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