Noah Rosenfarb, a Certified Public Accountant and Certified Divorce Financial Analyst® in Short Hills, answers:
You only need to use a financial advisor for your divorce if you have questions or concerns about money or if money is an issue in your divorce (i.e. alimony, child support, and division of assets or liabilities). For those individuals who want expert tax and financial advice, not just legal advice, a financial advisor can be very helpful. There are a few things to consider in finding the right fit for you:
- How much is at stake – thousands? Hundreds of thousands? Millions?
- How much will the advisor get paid – when and how?
- What is the typical client of the advisor? How similar are you to that client?
- What is the education of the advisor? Experience? Credentials?
- Do you feel comfortable with the advisor?