Getting divorced in Massachusetts, New Hampshire, New England, or beyond?
If you’re a soon-to-be single, you need the help of experienced divorce financial planning professionals. The team of Divorce Finance Pros at Clear View Wealth Advisors offers you guidance and support as you go through this difficult period for you and your family.
We know that divorce is emotional, complex and never easy.
Avoid the money and tax pitfalls along the road to and from the courthouse.
But now, more than ever before, you’ll need to understand your options.
Regain control, clarity and confidence as you prepare for this transition and begin a fresh start.

FREE Divorce SHIELD Plan Provided by Divorce Finance Pros: Financial Planning Service Described
Divorce is never easy.
There are often difficult issues that must be resolved. You and your attorney need to create a solid game plan with a clear goal in mind. You will need professional support as you enter mediation, collaboration, divorce court, or a settlement.
Alimony. Pensions. Child Support. Divisions of Real Estate and Property like Stock Options or a Business.
Each of these have long-term tax and financial impacts. Proper evaluation of options will help in getting you back on track.
Top 5 Financial Mistakes of Divorce for Couples in the Boston, North Shore, Middlesex, and Essex County Massachusetts Areas
- Real Estate: This one asset can cause long-term financial hardship if not properly analyzed. Should you keep it, sell it or refinance it? And how will this decision impact your cash flow, tax liability and future funding of college or retirement? Most divorcing couples make the mistake of keeping the house only to find out later that one of them can’t afford it.
- Being Financially Disorganized: Most people approach their attorney, mediator or financial adviser without having any idea of how they stand financially. Without knowing your position you may end up with a settlement that isn’t fair or you may spend more in fees for professionals to help sort this out for you.
- Using Your Boston Divorce Lawyer as your Financial or Tax Planner: Your lawyer is a LEGAL expert and is most likely not skilled in the nuances of financial and tax planning. While there are certain formulas for alimony or child support, this is only one part of your future financial situation. What about the impact of cash flows, asset division and support agreements on future funding of college or for your retirement? Only a skilled and trained financial planner familiar with the BIG PICTURE of your finances will be able to provide sound guidance that can be used by your attorney when drafting a more equitable settlement.
- Not Looking at the BIG PICTURE: Each part of the wheel affects the tire. This is the same with finances. Many times professionals are NOT on the same page when giving you advice. They may provide it from only their point of view and not in consultation with one another, potentially leaving you open to making costly financial and tax mistakes now and in the future.
- Setting Up an Unrealistic Budget: Often people ho are getting divorced in the Boston area underestimate their true cost of living expenses. With so much at stake, be sure to make sure you have accounted for everything possible. A mistake here can easily lead to an improper divorce settlement and even bankruptcy. When downsizing from a two income household to a one income budget, lifestyle changes in so many ways. A qualified financial planner can help develop a new “single income” budget so that you can have confidence in how your lifestyle will be post-divorce.
Why You Should Choose a CFP® Professional to Help with Your Divorce
What is Divorce Financial Planning?
Divorce financial planners can explain financial options, help set priorities and lead clients through the hard choices ahead. Ideally, divorce financial planning takes place at the start of the process when individuals first choose to go their separate ways. Financial planning increases the accuracy of financial information so that both parties achieve workable settlements quicker and accept realistic lifestyle changes when necessary. Settlements achieved with the help of a financial planner are less prone to problem or error and help you get on the right path as you prepare for your new life with a fresh start.
Clear View Team and Steve Stanganelli, Divorce Financial Analyst, Collaboratively Trained Financial Neutral and Boston Area Financial Planner: How We Help
Your Blueprint for Your Transition to a Fresh Start
Before the divorce
- Gather and assess financial assets and liabilities
- Categorize and review historical spending patterns
- Determine and document your individual and marital assets
- Document marital standard of living
- Review financial statements and tax returns
- Prioritize personal financial goals and responsibilities
- Project anticipated financial needs
- Review and value public and private sector pension plans
- Review and evaluate employee and Social Security benefits if applicable (including stock options and restricted stock)
- Collect, analyze and review insurance policies (Term, Whole Life, Buy-Sell)
- Evaluate current long-term care insurance contracts
- Evaluate post-divorce estate planning strategies
- Analyze and review executive compensation plans
- Gather and consider college funding expectations and strategies
- Review and prioritize your personal financial goals
During the divorce
- Project post-divorce household funding requirements
- Calculate current and future inflation-adjusted cash flow models
- Determine life insurance requirements designed to replace support payments
- Assess and adjust retirement funding strategies
- Project education costs and funding strategies
- Equalize Social Security, retirement, pension benefits
- Review mortgage and debt structure
- Review real estate appraisals and business valuations as may be applicable
After the divorce through Clear View Wealth Advisors, LLC, Steve Stanganelli will:
- Facilitate and supervise asset and liability transfers
- Execute strategic financial plan
- Review insurance coverage
- Update financial plans as required
- Implement budget and resource management plans
- Launch long-term financial plan strategy
- Follow through with modified estate planning strategies
- Monitor investment performance, adjust as needed
Divorce Financial Planning Fees
Fixed-fees for divorce financial planning projects range based on the scope of services and the complexity of the client situation.
Fixed-fees are generally determined by the income and net worth composition presented.
Fixed-fees may range from $500 for a 2 1/2 hour evaluation session through $1,250 for a two session Bronze Strategy Session to $2,500 for a Silver Limited Scope analysis to $3,750 for a multi-hour project that includes projected pro forma tax returns, and analyses of multiple divorce settlement options with projected impact on retirement goals.
Please click here for a copy of the service matrix for those with net worth up to $2M: 2018 Divorce Financial Planning Fee Matrix_Divorce Finance Pros .
Meeting Locations
We can meet to work on your divorce financial plan by appointment in offices in Amesbury, Wilmington, Burlington, and Chelmsford. We also can work with clients remotely using secure screen-sharing technologies.
Free Resources
Divorce Financial Analysis: Services for Boston Dovorce Attorneys and Divorcing Couples – FAQs Flyer
Collaborative Law: A Better Way to Settle Disputes