How Financial Advisors Can Help Prep For Divorce
In his most recent column for Financial Advisor Magazine, Cordell & Cordell Principal Partner Joe Cordell explains how financial advisors can help clients prepare for a divorce.
“Not only can your financial advisor help provide you with your first realistic glimpse into what lies ahead for your financial future, but they can help establish a framework for what issues are likely to arise when it comes to separating your assets,” Mr. Cordell wrote.
Mr. Cordell also explained how it can be helpful to meet with a financial advisor even if you are unsure you want to go through with a divorce so you have a better grasp of the financial challenges you are likely to face during the process.
“This can be a particularly useful initial meeting since the financial advisor has a more personal relationship with their client that has likely developed over many years, whereas the divorce attorneys you meet with have little knowledge of your background,” Mr. Cordell said.
Written by Joseph E. Cordell
Joseph E. Cordell is the Principal Partner at Cordell and Cordell, P.C., which he founded in 1990 with his wife, Yvonne. Over the past 25 years, the firm has grown to include more than 100 offices in 30 states, as well as internationally in the United Kingdom. Mr. Cordell is licensed to practice in the states of Illinois and Missouri and received his LL.M. from Washington University in St. Louis, Missouri. Joseph E. Cordell was named one of the Top 10 Best Family Law Attorneys for Client Satisfaction in Missouri.