At Durham Financial we have two areas of expertise – comprehensive financial planning and divorce financial planning.
In our financial planning practice, we help clients make sound financial decisions through all of life’s important stages. We create a detailed strategy based on your current financial situation and goals. We address all areas of your financial life including: cash flow, debt management, investment, retirement, education, insurance, estate, business and taxation planning. We work with you to implement your plan and follow through; we offer ongoing advice, support and coaching through regular scheduled meetings.
For clients going though divorce, we help them avoid common financial pitfalls, by presenting a clear understanding of their financial affairs and providing insight into the pros and cons of different settlement proposals, to ensure fair and realistic settlements for the family. As financial divorce specialists, we offer support to clients and their lawyers by providing financial analysis of the couple’s assets, liabilities, incomes, and child and spousal support payments, taking into consideration inflation and changing tax consequences. We help clients establish realistic budgets and educate them about the tax implications and other financial consequences of retaining or giving up certain assets. We also provide insight with respect to insurance options. Using specialized software, we analyze various settlement proposals and provide detailed data that show the short-term and long-term impacts of each option.