Academy Of Financial Divorce Practitioners

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DEFINITION of 'Academy Of Financial Divorce Practitioners'

An organization dedicated to the development of financial expertise with respect to divorce. The Academy of Financial Divorce Practitioners trains its members in the financial aspects of divorce, such as alimony, property settlements, child support and retirement assets. Members of the academy, known as certified financial divorce practitioners (CFDPs), supply unbiased financial expertise to facilitate equitable divorce proceedings.

INVESTOPEDIA EXPLAINS 'Academy Of Financial Divorce Practitioners'

The Academy of Financial Divorce Practitioners provides its members with two avenues of training. Prospective CFDPs may train in the classroom or undergo a self-study program. The academy also supplies its members with specialized software for financial planning.

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    Even when assets are divided following a divorce, in many cases, former spouses and heirs engage the services of attorneys ... Read Full Answer >>
  3. Is my husband's ex-spouse entitled to receive my spouse's retirement benefits?

    The rules vary among retirement benefits. In some cases, because you are the current spouse, you will be treated as the beneficiary ... Read Full Answer >>
  4. If an individual still has his or her former spouse as the beneficiary of an IRA, ...

    It depends. Generally, divorce does not effectively change a beneficiary designation unless the divorce decree makes a stipulation ... Read Full Answer >>
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