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Divorce Services

Our Certified Divorice Financial Analyst™ (CDFA™), Donna M. Cheswick, helps clients and attorneys to understand the financial impact of divorce.  Often, the financial data on which settlements are based can be unreliable.  This leads to future problems for one or both parties.  Accurate financial information helps the parties achieve workable settlements quicker and accept realistic lifestyle changes when necessary.   Financial divorce analysis help to ensure a good, stable economic future and helps prevent long-term regret with financial decisions made during the divorce process.

We have the experience and expertise to guide decision-making and problem-solving on a wide range of financial issues related to divorce, including:

Services: During Divorce

  • Compile, organize and inventory financial assets and liabilities and educate client on their financial position.
  • Prepare a historical lifestyle analysis and current and future monthly income/expense reports.
  • Identify and clarify inconsistencies in financial information.
  • Marital tracing to uncover separate property, debt responsibility and hidden assets.
  • Analyze debt and suggest methods for unwinding marital debt.
  • Determine whether to keep or sell the house.
  • Educate client on the financial and tax implications of splitting various assets.
  • Research and determine cost basis for separate and marital assets.
  • Prepare case scenarios based on proposed financial settlement with charts and graphs that depict, over a 5 to 20-year time frame, the income, after tax implications of support and sale of assets, cash flow, and net worth projections of husband and wife as compared to each other.
  • Ensuring and protecting child support and spousal support.
  • Bring specialized divorce financial analysis software to client meetings to provide on-the-spot financial analysis to help resolve property distributions by analyzing, comparing and contrasting various settlement offers and proposing alternatives.
  • Review marital settlement agreement to note any financial problems in language.
  • QDRO Preparation: research, draft preparation and submission.

Services: Post Divorce

  • Oversee and arrange for transfer of settlement assets and closing accounts in joint name (monitoring until complete).
  • Open suitable account into which funds can be transferred.
  • Establishment of a post-divorce cash flow plan and budget – Set up budgeting and money management systems.
  • Design a comprehensive investment strategy based on individual financial goals.
  • Manage investments, monitor results, and update plans.

Services for Attorneys:

As an attorney, your goal is to prepare your client’s case using every possible advantage.  You need detailed financial information and solid research so that you can present your client with a comprehensive case illustration that will work financially before, during and after the divorce settlement.  At Medallion Wealth Management we are flexible in how we interact with our clients and their attorneys.  We can work openly with you and your client as a visible member of your team or we can consult directly with the attorney to provide the specific services needed for your case.

Donna M. Cheswick, CDFA™ is a member of the Institute for Divorce Financial Analysts (IDFA), she is a Collaborative Divorce Professional, Member of the Collaborative Law Association of Southwestern PA (CLASP), a member of the International Academy of Collaborative Professionals (IACP) and is a Trained Divorce Mediator.

Divorce Workshops for Women – Spring 2017

3/1/2015:  CDFA – Article – How to Keep Costs Under Control During Divorce.Northern Connections

10/3/2014: Seven Critical Financial Issues to Address During Divorce (Source: Northern Connections Magazine – Oct 2014)