Preventing Critical Financial Mistakes During Divorces Training Class

Course ID: 10117

Preventing Critical Financial Mistakes During Divorces Training Seminar

Confidently Secure Your Client's Financial Future

A divorce can cause extreme emotional upheaval for all parties involved. As a result, financial decisions are frequently made under significant stress, and critical mistakes are all too often the end product. What can you do to help your clients make better financial decisions? This information-packed seminar is a great first step. Let our experienced faculty show you how to help your clients avoid some of the most common-and potentially disastrous-financial mistakes in a divorce.

At this seminar, you'll learn about the key mistakes that can cost your clients thousands of dollars, and that-worse case-can virtually wipe out their assets. You'll learn about the impact of failing to understand asset types, the tax consequences of assets, and improperly handling qualified domestic relations orders. You'll also find out about the risks of failing to plan for a spouse's premature death and to properly manage personal obligations after a divorce. Don't miss this opportunity to get the important information you need to give your clients the expert financial direction they need in a divorce.

Find out the key differences between marital and non-marital assets
Get up to speed on tax-free asset transfer options
Learn how to help your clients effectively manage premature distributions and maintenance liabilities
Protect your clients' interests with a clearer understanding of marital settlement agreements
Get the knowledge you need to more easily handle estate planning
Discover how to make cost of living adjustments your client can live with


	Agenda
	FAILURE TO UNDERSTAND ASSET TYPES Daniel G. Cantone, 9:00 - 10:15 Assets Acquired Before the Marriage Marital vs. Non-Marital Assets Real Estate vs. Investment Assets Property, Businesses and Vehicles Valuation Issues FAILURE TO UNDERSTAND TAX CONSEQUENCES OF ASSETS Leonard Gerber, 10:30 - 11:45 Tax Basis of Assets Tax-Free Asset Transfers Taxable Options on Division of Retirement Plan Premature Distributions Maintenance Liabilities FAILURE TO PREPARE FOR THE PREMATURE DEATH OF A SPOUSE AND RELATED CONTINGENCY SITUATIONS Leonard Gerber, 12:45 - 1:45 Marital Settlement Agreements Maintenance Social Security Health Insurance FAILURE TO PROPERLY MANAGE PERSONAL AFFAIRS AFTER A DIVORCE T. Kevin Fahey, 1:45 - 2:45 Custody Arrangements Review of Estate Plans and Named Beneficiaries Inheritances and Other Non-Marital Property Using Qualified Financial Advisors ETHICAL CONSIDERATIONS Daniel G. Cantone, 3:00 - 3:50 Rules of Professional Conduct Conflicts of Interest Attorney Fees Confidentiality and Disclosure Issues FAILURE TO SECURE ADEQUATE LEGAL ASSISTANCE IN HANDLING QUALIFIED DOMESTIC RELATIONS ORDERS T. Kevin Fahey, 3:50 - 4:30 Cost of Living Adjustments Supplemental Benefits Lump Sum Distribution Options Using the Marriage Coverture Formula Pension Accrual Asset Forfeitures


	Audience
	This intermediate level seminar is intended to provide attorneys, accountants, certified divorce financial analysts, certified divorce specialists and certified divorce planners with the information they need to effectively guide clients through the financial challenges of a divorce proceeding.