Financial Divorce 101: Managing Your Money During Divorce

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Faculty Member: John P. Cito, CDFA®, Independent Financial Advisor

Facilitator: Diana Shepherd, CDFA®, Editorial Director and Co-Founder of Divorce Magazine

When going through a divorce, some of the most complex issues couples face are related to finances. From child support to alimony, to property division – it all comes down to money. In many cases, hiring a financial professional is a necessity. John P. Cito, a CDFA and financial advisor, answers the most common questions he hears from couples going through a divorce. More


John P. Cito has over 20 years of experience as an independent financial advisor and a Certified Divorce Financial Analyst. John focuses on pre- and post-divorce financial planning to help his clients achieve fair settlements.


What you will learn from the podcast “Financial Divorce 101: FAQs About Managing Your Money During Divorce”

counting-moneyThis session will discuss:

  • the most common financial mistakes people make during divorce
  • how to evaluate a settlement proposal
  • the difference between an “equitable distribution” state and a “community property” state
  • the difference between marital and separate property
  • considerations spouse must make if hoping to keep the marital home
  • whether or not child support guidelines cover all child-related expenses
  • how a financial professional can make a case for receiving spousal support
  • if it’s possible to receive alimony without contacting your ex
  • how to guarantee child support or alimony payments following the death or disability of the payor
  • the questions you should ask before hiring a financial professional
  • what a CDFA does and under what circumstances you may need one
  • the difference between an accountant and a CDFA
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