Divorcing clients need help to get through the painful process of separation. The best possible solution includes sound understanding of their financial affairs. They need insight into the pros and cons of different settlement proposals, to ensure fair, realistic and long-term settlements for the family.
As Financial Divorce Specialists, Sheila Munch and Glenda Baker of Durham Financial in Oshawa offer this valuable service to people going through divorce, their lawyers and other Financial Planners.
Every divorce has its own unique financial challenges. At Durham Financial, a Divorce Specialist will dedicate every resource available to understanding your particular needs. We will help you and your lawyer avoid common financial pitfalls of divorce. Taking into consideration inflation and changing tax consequences, we’ll provide analysis of a couple’s assets, liabilities and income, as well as any child and spousal support payments, to paint a clear picture for all to understand.
Using specialized software, we analyze various settlement proposals and provide detailed data to our clients that show the short-term and long-term impacts of each option. We help clients establish realistic budgets, and educate them about the tax implications, and other financial consequences, of retaining or giving up certain assets.
If you are going through a divorce, our services and expertise can provide an anchor of stability in an otherwise stormy situation.