SERVICES for Attorneys We support attorneys and act as a valuable resource, becoming in effect the “CFO” of the divorce case. This can mean taking care of all the financial details, including gathering the financial information, "crunching the numbers" and providing powerful case exhibits in the form of spreadsheets and charts. This can greatly simplify things for you the attorney, freeing up your time to focus on the legal aspects of the case and reducing liability by providing detailed and comprehensive financial research and information. We can help your clients to understand the financial reality of the situation and work towards a viable settlement. Specifically we can:
Gather and organize financial data and keep a comprehensive document inventory
Prepare asset division scenarios and settlement analysis to compare alternatives, project net worth and cash flow
Establish separate property claims
Perform lifestyle and spending analysis
Gather and review information for verified statements
Trace stock option awards and categorize for past or future performance
Calculate the present value of assets, lump sum payments or future income streams
Perform post-divorce personal budgeting
Determine and report hidden assets and unreported income
Confirm asset and liability balances
Provide expert testimony when necessary
Structure settlement payments for optimal tax treatment
Analyze business finances to establish “real” cash flow
Perform analysis and calculations for "Postema" claims
You will benefit from easier case preparation as we do the financial work for you. You decide how much involvement you want in the financial process. We respect the legal process and value the relationships we have developed with attorneys. We provide support to you and all information requests and communications are directed through you. We do not give legal advice and always refer our clients to attorney if they do not already have one.
Collaborative Practice We embrace Collaborative Practice as an effective approach to dispute resolution and have undergone appropriate training in order to act as a collaborative financial neutral.
QDROs and Pension Valuation Martin Cobb is now assisting attorneys in the drafting and preparation of QDROs under the direction of said attorneys. This service is offered to attorneys who contract with Martin Cobb as a paraprofessional and who delegate this function. The service is not offered directly to the client as this would constitute the unauthorized practice of law. Divorce Financial Associates, LLC does not provide legal advice or provide legal services to its clients. Martin has received advanced training in QDRO drafting from Robert Treat, JD. Mr. Treat is a QDRO Consultant for QDRO Express, specializing in research & preparation of domestic relations orders and pension valuations. His extensive knowledge in the QDRO arena has lead him to writing a monthly article in the Michigan Family Law Journal, QDRO Corner, being a presenter of QDRO seminars for professionals across the country and preparing hundreds of QDROs per year.
