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.

RELATED TERMS
  1. Academy Of Financial Divorce Practitioners

    An organization dedicated to the development of financial expertise ...
  2. Institute For Divorce Financial ...

    An organization committed to educating financial professionals ...
  3. Certified Divorce Financial Analyst ...

    A member of the Institute for Divorce Financial Analysts who ...
  4. Child Support

    The monetary payments that are made from one ex-spouse to another ...
  5. Legal Separation

    For all practical purposes, a circumstantial divorce without ...
  6. Alimony Payment

    A periodic pre-determined sum awarded to a spouse or former spouse ...
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