Financial and Tax Planning Pitfalls and Practical Solutions for Divorce FLEXCAST

Overview

A poor settlement can hurt your client emotionally, financially, and tax-wise, perhaps for a very long time! As a financial professional, you need to know how to assist your clients by helping them to gain the best situation from a no-win situation. You need to know ways to broach the subject with these clients to help assist them before, during, and after the end of the marriage. In this course, Jeffrey Rattiner will teach you how to navigate the emotionally charged and financially complex issues that surround divorce. You’ll come away with an understanding of the strategies to employ during the divorce and knowledge of what your ultimate goals should be. Special attention is given to financial, tax, retirement, valuation, and investment strategies that help minimize the damage in the unfortunate occurrence of a client getting divorced.

Highlights

Financial strategies and realities during divorce. Property settlements. Financial support issues. Retirement strategies. Valuation issues. Asset selection and investing.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents and attorneys.

Objectives

Identify the big picture of divorce and how to determine what makes the most sense to protect. Evaluate, analyze, and diagnose potential financial and tax problems resulting from divorce strategies. Determine the financial aspects of alimony and child support and determine possible alternative strategies. Describe the tax effects of divorce, both now and in the future. Evaluate and suggest possible strategies relating to divorce retirement issues. Incorporate closely-held business, stock, and other valuation issues in divorce. Incorporate sound investment and cash flow strategies relating to divorce. Re-evaluate the financial plan post-divorce.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.