Certified Financial Divorce Practitioner - CFDP


DEFINITION of 'Certified Financial Divorce Practitioner - CFDP'

A member of the Academy of Financial Divorce Practitioners who is certified in the financial aspects of divorce. A certified financial divorce practitioner looks to explain the financial implications of divorce settlements, such as child support, asset distribution and alimony.

BREAKING DOWN 'Certified Financial Divorce Practitioner - CFDP'

To become a CFDP, a candidate must complete the training offered by the Academy of Financial Divorce Practitioners. Training involves undergoing a 10-week program or completing a self-study materials package. Both methods of training are concluded with an examination, which must be passed before the designation is awarded.

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    CFP Exam Guide
  1. My husband left his ex-wife as his retirement plan beneficiary. Can this be changed?

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

    Generally, former spouses are not entitled to benefits under a qualified plan, unless provisions were made for them to receive ... Read Full Answer >>
  3. Do financial advisors work only in banks?

    While the majority of financial advisors work for financial institutions such as banks, a large proportion of them are self-employed ... Read Full Answer >>
  4. What are the benefits of financial sampling?

    Financial sampling allows auditors to approximate the rate of error within financial statements. For accounting purposes, ... Read Full Answer >>
  5. What are the differences between a Chartered Financial Analyst (CFA) and a Certified ...

    The differences between a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP) are many, but comes down ... Read Full Answer >>
  6. How do I get started with a career in asset management?

    The asset management industry has a variety of different career paths. Depending on what asset management area you would ... Read Full Answer >>

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