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It’s important to realize that divorce is the breakup of an economic unit, as well as a family unit. The process should be approached as a dissolution of a financial partnership, with each party attempting to remove the emotions from the process in order to develop a workable plan. There are three common emotions that are prevalent in the beginning stages of a divorce: fear, anger and guilt. It can be a role of the CDFA to recognize these emotions, determine where they are coming from, and help defuse them.
Wyatt Henderson is a Certified Divorce Financial Analyst and a member of the Institute for Divorce Financial Analysts, a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants, the South Carolina Association of Certified Public Accountants and the South Carolina Tax Council.
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