Why Choosing a Mediator Who is a CDFA Can Save You Thousands

For many couples who are preparing to end their marriage in California, divorce mediation can be an effective option. It can reduce conflict, save time, and save money. Financial issues are often big in divorce mediation. Choosing a mediator who is a Certified Divorce Financial Analyst (CDFA) can save you thousands of dollars. Read on for a more comprehensive overview of what a CDFA is and the benefits of working with one for your divorce mediation.

What is a Certified Divorce Financial Analyst (CDFA)?

As explained by the Financial Industry Regulatory Authority (FINRA), a Certified Divorce Financial Analyst or CDFA is a financial professional specially trained to handle the unique complexities of divorce. They are equipped to assess long-term financial outcomes of various settlement options, including property division, support arrangements, retirement accounts, and tax implications.

A Mediator in California May Be a CDFA

There are divorce mediators who are CFDAs. Indeed, top California divorce mediator Scott Levin is a CDFA. The dual qualification allows them to facilitate conversations while offering deep financial insight that goes beyond basic budgeting. When your mediator is also a CDFA, you benefit from compassionate guidance and practical financial expertise

Three Benefits of Working With a California Divorce Mediator Who is a CDFA

1. They Help You Understand the Full Financial Picture
   It is no surprise that finances are at the center of many divorce cases. A CDFA-trained mediator will help you understand not just the immediate division of assets, but what your future financial life may look like. Among other things, they can model the long-term consequences of proposed settlements, including retirement security, tax obligations, and cost-of-living changes. With expert guidance and support, you and your spouse can better make informed decisions.
2. They Can Spot and Avoid Common Mistakes
   Divorce is complicated. Finances can be challenging. Unfortunately, some divorcing couples run into problems where an otherwise agreeable settlement overlooks key financial details. One example would be how the division of a retirement account can trigger penalties. Another example is how spousal support affects taxes. A CDFA-trained mediator knows how to avoid costly missteps before they happen. It can help to promote a successful resolution of your divorce case.
3. They Promote Fair, Collaborative Agreements
   A CDFA mediator promotes balanced outcomes grounded in reality. They work to ensure that both spouses walk away with a fair, sustainable financial arrangement. It can help because it can allow for any approach that proactively addresses financial fears and anxieties with expertise and empathy. That can reduce conflict and move a divorce case towards a settlement.

A CDFA Mediator Can Save You Thousands in California

At Peacemaker Divorce Mediation Group – California Resolution Experts, our divorce mediator is a CFDA. We can help divorcing couples navigate even the most complex financial matters. If you have any questions about working with a mediator who is a CFDA, please do not hesitate to contact us for a confidential consultation. We provide divorce mediation services throughout California.