Arons & Associates Divorce Planning helps you get a financially smart divorce by providing on-going, practical financial counseling, planning and analysis throughout your divorce process. We do this by analyzing and explaining the financial issues of your TN divorce in clear, concise, layman's terms. Everyone involved — you, your soon-to-be ex-spouse, and your divorce attorneys / lawyers — can easily understand the short- and long-term impact of possible divorce settlement options. More importantly, all parties will be able to recognize what constitutes a reasonable settlement offer.
“Divorcing clients need to make important economic decisions as they go through the process. If they make bad decisions, they will more than likely have to live with the consequences of those decisions and these can be financially and emotionally devastating”
Carl Palatnik, as quoted in the New York Family Law Monthly Newsletter
We provide you with the financial information and education you and your attorney / lawyer need to make informed decisions about your future. If requested, we will be by your side during mediation to give on-the-spot evaluation of proposed divorce settlement options.
Clients tell us our confidential divorce services are efficient, decrease arguing between spouses and therefore decrease attorney / lawyer fees. Less arguing during divorce also fosters a better post-divorce working relationship between ex-spouses. This is critical if you have children and will be seeing your ex-spouse at graduations, weddings, etc. for the rest of your life.
“Arons & Associates is not in the business of selling or managing financial investments for clients. There's never a 'conflict of interest' in the financial guidance we provide our clients.”
Sandy Arons, President - Arons & Associates
Nashville, TN
Divorce does not have to be a battle. Our unique process strives to reduce conflict and stress for both spouses and their children. We focus on the financial issues of your divorce so your divorce attorney / lawyer can focus on what they do best: advocate for their client in our legal system.
We will gladly answer the questions you have concerning the financial/tax issues of separation, divorce, property settlements, alimony, child support and Parenting Plans. Call our office to schedule a complementary consultation or submit your inquiry to our Nashville, TN divorce planning team.
Client Testimonials
“Thank you for all your hard work.
I really feel like I have a better understanding of my financial situation. This is giving me tremendous peace of mind for the future.”
Dr. Martha Leonard, divorcee — Bellevue, TN
Click to read testimonials
Communication Is Key
To Our Success
Effective communication is the key to our success as divorce financial planners. From our first meeting until our final follow-up session, Arons & Associates strives to keep you and your attorney / lawyer fully informed and equiped with the financial information needed to help you get a financially smart divorce. Our communication strives to help clients understand, at all times, where they are in the divorce process and what remains to be done to facilitate their desired outcome.
We consult with our clients, their attorneys and other advisors as we evaluate financial reports and proposed divorce settlements, answer questions and provide the information and financial guidance clients need to move through the divorce process. We assist in problem solving the financial issues related to your divorce including:
- Budgets
- Cash flow analysis
- Children’s education/special needs
- Debt pay-off
- Health Care insurance
- Investments/stock options
- Property Division
- Property and business interests
- Retirement and pension plans
- Sell vs. keep the marital residence
- Separate vs. marital property
- Social Security benefits
- Spousal and child support
- Tax Issues
“Sandy helped me understand what amount of money I needed to receive from my divorce settlement so I could afford to get my nursing degree and pay for my living expenses while in school. Her guidance allowed me to feel confident that I knew what I needed to ask for in my settlement. She is very easy to talk to and felt that she was genuinely concerned about the welfare of me and my children.”
Meghan Carlson, divorcee — Nashville, TN
Feeling over-
whelmed with
paperwork?
We can help.
Why Focus On
Finances
Secure Your Future?
During a divorce you will make the most important financial decisions of your life. Take the time now to understand the numbers before you sign your final Tennessee divorce paperwork. Secure your future and your children’s future. Call Arons & Associates at our Nashville office and find out how we can help you get a financially smart divorce.
Everyone’s financial needs and goals during divorce are different. Every divorce is unique. We offer a variety of services to meet the needs of clients. We will work with one spouse or serve as a “financial neutral” working with both spouses to help gather information, educate and evaluate the financial information you need to consider to get a financially smart TN divorce.
Our budget of
125 items will
help you decide.
Gamble in Las Vegas, NOT with your divorce settlement. Hire an attorney AND a financial expert.
Lawyers go to law school,
doctors go to medical school.
As a Certified Divorce
Financial Analyst, Sandy Arons
has unique credentials.
Our 7-Step Process
Step
MEET
Arons & Associates wants to know what you are thinking. We'll ask about your immediate and long-term financial needs, your divorce concerns and your objectives. We will explain our process, the services we provide and how we work with our clients and their attorneys / lawyers.
“If the financial issues of a divorce are left unaddressed, or, as is more often the case, attended to incompletely, it spells trouble for one or both ex-spouses down the road. Arons & Associates offers a unique and invaluable service to those divorcing — especially helpful for the less financially savvy spouse.”
Joel Cherry, Attorney — San Francisco, CA
Regardless of your knowledge of financial matters, we provide financial counseling from our first meeting until our final follow-up session. The services we provide are the "missing link" in the divorce process.
Step
DISCOVER
We use an efficient process to gather the financial information you'll need to give to your divorce attorney / lawyer. When this step is complete, you and your attorney / lawyer will know the assets, debts, income and expenses for you and your spouse. We use this information to help you avoid common money mistakes during a TN divorce -- divorce traps and pitfalls that could lead to
financial ruin.
We examine financial details frequently overlooked during the divorce process including depreciation of assets and the effect of inflation on potential settlements. We provide thorough financial discovery. This is missing in typical divorces and "marathon" mediations.
Step
ANALYZE
We'll translate confusing financial data into an understandable picture of your marital estate. We use personalized reports to project your net worth and long-term cash flow needs after the divorce. We will create scenarios of property division, alimony and child support for you and your attorney / lawyer or both spouses and their attorneys / lawyers to discuss.
Need Sherlock Holmes?
Is the analysis simply not making sense? Do you think that your spouse is concealing income or inappropriate conduct? Are you aware of changes in your spouse's behavior, increased secrecy, illicit computer usage or obsessive grooming habits? We have associates who specialize in forensic accounting and can review financial documents and tax returns for evidence of:
- Hidden assets
- Salary deferrals
- Excessive spending of marital funds while the TN marriage is dissolving
- Transfer of cash or TN property to others
- Acquiring or paying off of large debts without your knowledge
Step
PROBLEM SOLVE
Creative problem solving is required when crafting settlements that meet your objectives. We can propose different scenarios for the division of assets / debt and create net worth projections for those options. Refer to our case study for more information. You’ll understand what your short- and long-term financial future could resemble if you chose settlement option “A” versus “B”. Accepting a divorce settlement does not have to resemble a game of “Pin the Tail on the Donkey”.
Step
REVIEW
Our review sessions educate and prepare you to make smart financial decisions. We meet with you to explain the findings in our financial reports and answer questions in language you can understand. Our clients and their attorneys / lawyers find review sessions to be particularly helpful before divorce mediation or court appearances.
Step
PARTICIPATE
Arons & Associates is an active participant as we guide you through the financial issues of your divorce. We frequently accompany clients and their attorneys / lawyers at their divorce mediation sessions to provide on-the-spot analysis of proposed settlements. Our participation ensures clients and their divorce attorneys / lawyers understand the financial ramifications and tax implications before agreeing to any proposed divorce settlement. We will also appear in court, if necessary, to explain our financial analysis.
Divorce does not have to be a battle. We can demonstrate ways to reduce conflict and stress for both spouses and your children. Reduced conflict during divorce encourages a better working relationship post-divorce.
Common Client Questions We Can Answer
- How much money do I need each month to maintain my standard of living?
- Will I have to go back to work after the divorce?
- Who will pay for our health insurance?
- Who will pay for our kid’s braces and college?
- Does Tennessee divorce law require the father to pay for college?
- How is child support calculated?
- Is a 50/50 split of assets and debt required by Tennessee divorce law? Can I get more or less?
- My spouse had an attorney draft this divorce agreement. Is this a fair division of our assets?
- Will I have to pay taxes or will I receive a tax deduction for alimony?
- Can I keep the house?
- What should I do about paying federal and Tennessee taxes?
- How much money do I need in my IRA to retire?
- I have never paid the bills. Can you help me make a monthly budget?
- I don’t understand the financial statements. Can you help me sort through the mountain of paperwork?
Step
FOLLOW-UP
After your divorce is final, there is still work to be done. Some tasks are obvious but you may be unaware of others. Arons & Associates helps by monitoring the transfer of assets to make sure they abide with the terms in your divorce settlement agreement. We also provide a complimentary copy of
The After-Divorce Financial Survival Guide. This guide, written by our founder Sandy Arons, includes:
- Steps to follow, post-divorce, to ensure the details of executing the divorce settlement are completed properly.
- Checklists for a wide variety of topics.
- Recommendations for being proactive and beginning your new life, post-divorce, free from interference by your ex-spouse.
“After my divorce was over, I didn't realize I needed to create a new 'Living Will' or 'Health Care Proxy' assigning someone other than my ex-spouse to make medical decisions for me if I was in an accident. My divorce attorney never mentioned these issues. The After-Divorce Financial Survival Guide I received from Arons & Associates included this and other invaluable information, too. I'd recommend it to every divorcee.”
Paul King, divorcee — Nashville, TN
With the downturn in the economy and housing market, it is critical for men and women in the midst of a divorce to pay attention to the financial issues of their divorce. You cannot afford to ignore the finances and just hope for the best. Maybe you are overwhelmed or feeling “divorce paralysis.” That is why we are here to help you and your Tennessee attorney. You don’t have to do it alone. The ostrich who puts its head in the sand because it is scared is not any safer. It is just avoiding reality and allowing itself to be a potential victim. Have the courage to face the challenges ahead and make informed decisions now rather than dealing with the consequences of “divorce paralysis” for the rest of your life.
“Sandy helped my wife and I clearly under-
stand the money issues of our divorce.
Her financial planning, analysis and
counseling abilities are the reason we were
able to understand complex financial issues
and achieve an amiable divorce with a
settlement that was fair for both of us. Her
thorough work and communication with our
attorneys also helped us minimize the legal
expenses. I highly recommend her unique
abilities and services.”
Greg Page, divorcee — Hermitage, TN
Click to read testimonials
