Divorce ServicesThe financial intricacies of divorce can be daunting for all involved. Our divorce financial planners will ensure that the settlement decisions you make will be fully educated and informed. Don't leave your financial future to chance.
Divorce Financial Planning
Services for your divorce
Smarter Divorce Solutions provides individuals, couples, mediators, and attorneys with financial expertise during divorce. With advanced training in all financial aspects of divorce including pension valuation, marital vs. separate property, and tax optimization of settlements, we can help craft creative settlement solutions that make financial sense for both parties. Get divorce financial planning expertise when you need it most.
MediationPlus® - Divorce Done Differently
Mediators often struggle with properly educating a couple on the financial complexities of their settlements. Not at Smarter Divorce Solutions. Every mediator on our team is also a Certified Divorce Financial Analyst trained in all of the financial intracacies of divorce. We combine our experience as financial advisors with hundreds of hours of mediation training to offer a whole new model – MediationPlus®. There’s no need to make agreements that aren’t fully informed, educated and future tested. At Smarter Divorce Solutions, we’re offering a mediation experience like no other. Facilitating communication is great, but don’t you want to be sure you have ALL of your property settlement options on the table? We provide ideas for creative settlement solutions to ensure you will BOTH be ok in the next phase of your lives. Why go anywhere else?
- The parties sign a collaborative participation agreement describing the nature and scope of the matter;
- The parties voluntarily disclose all information which is relevant and material to the matter that must be decided;
- The parties agree to use good faith efforts in their negotiations to reach a mutually acceptable settlement;
- Each party must be represented by a lawyer whose representation terminates upon the undertaking of any contested court proceeding;
- The parties may engage mental health and financial professionals whose engagement terminates upon the undertaking of any contested court proceeding; and
- The parties may jointly engage other experts as needed.
Collaborative Practice provides you and your spouse or partner with the support and guidance of your own lawyers without going to court. Additionally, Collaborative Practice allows you the benefit of coaches, child and financial specialists all working together with you on your team. In Collaborative Practice, core elements form your commitments to this process, which are to: Negotiate a mutually acceptable resolution without having courts decide issues. Maintain open communication and information sharing. Create shared solutions acknowledging the highest priorities of all. For local Collaborative Practitioners, see Collaborative Professionals of Phoenix.
Regardless of the reasons, you and your spouse are engaged in divorce litigation and the financial complexities are overwhelming, confusing, and you don’t seem to be getting much clarity from your attorney. Let us partner with you to ensure you make smart decisions on what you should be negotiating for. Are you sure it’s going to be enough?
You might have investments, retirement accounts, pensions, businesses, expenses, rental properties, etc. How in the world do you structure a property settlement that is fair and won’t get you into tax trouble? Would you like to be able to see in black and white how a settlement would impact your future? You have come to the right place.
We can partner with your attorney to help you navigate the financial waters of divorce with confidence and clarity.
QDRO Drafting (Split Retirement Plans)
The Qualified Domestic Relations Order (QDRO) is prepared, sent to the judge for approval and then forwarded to the plan administrators for division of the assets. This process can take several weeks to several months and we offer a very competitive rate of only $650.
Every plan has its own QDRO requirements and some are not even called QDROs but they are generically referred to that way. It’s important that when you have a QDRO form prepared, it is sent to the plan for pre-approval to ensure that it meets all of the requirements BEFORE you send it to the judge or you risk having it rejected by the plan and having to start over with more expense.
A good QDRO expert will also be sure you understand the various options available for each party regarding survivor benefits, lump sum options, etc. At Smarter Divorce Solutions, we use the finer details of these options in negotiations, so that each party is 100% sure of what’s really going to happen.
We prepare QDROs at a flat fee of $650 so that you can understand all of the intricacies of your negotiation BEFORE you agree to a settlement.
Our office can fill most Financial Forensic needs at a much lower cost than the big firms. Nancy Hetrick holds the MAFF™, Master Analyst in Financial Forensics through the National Association of Certified Valuators and Analysts and is trained in Lifestyle Analysis, Separate Property Tracing, and search for hidden assets. She can also assist your case with analysis of expenses run through a business or uncovering potential hidden assets through a Lifestyle Analysis.
When your case needs a Lifestyle Analysis or Forensic Accounting for a divorce, you can count on Smarter Divorce Solutions to fill that need in a cost-effective way.
Post-Divorce Transition Assistance
Your divorce is final! Now some of the real work begins. Your accounts need to be consolidated, QDROs completed, bank accounts closed, wills redone, etc. It can be very overwhelming! Let us help you with all of those things after the divorce in order be sure you don’t miss anything important so you can begin the next phase of your life with confidence and control.
We’ll work with you as long as necessary to ensure that ALL of the terms of your settlement agreement are completed and you get the assets you’re entitled to.
As a Wealth Manager since 1999 and Certified Divorce Financial Planner with years of experience, Nancy Hetrick and her team from Smarter Divorce Solutions are equipped to help you manage your financial life post-divorce to ensure that your financial plan has the best chance of success. Nancy, Leslie and Andrea are full-service financial advisors with Better Money Decisons. Make sure that you have a clear vision for your new life post-divorce.
- Investment Advice and Management
- Retirement Planning
- Education and College Savings Planning
- Small Business Finance
- Tax and Insurance Assessments
Managing Your Financial Life
Let’s Get Started
Let us help you have a smarter divorce, no need to waste thousands in a court battle. We will contact you to set up your Smarter Divorce Strategy Session.
In Your Strategy Session We’ll:
- Explore your divorce options and get clear on the right solution for your situation
- Review your financial situation and explore creative settlement possibilities
- Map out a plan for transitioning to the next phase of your life
- Identify your biggest fears and decide the best way to address them
- Connect you with any other resources you’ll need in your process
Only 10 sessions available each month! Schedule today to ensure availability!