Howard Levine, principle of Hanover Financial Group, a full service financial advisory firm, recently completed a specialized education program in professional divorce analysis and is now a Certified Divorce Financial Analyst (CDFA).
As a member of the Institute for Divorce Financial Analysts and a CDFA recipient, Levine is qualified to act as an advisor for clients and their attorney. Levine also works collaboratively as a mediator for divorcing parties. Using his knowledge of tax law, asset distribution of marital property, and short- and long-term financial planning, Levine strives to maximize the value of any settlement for his clients.
Issues such as asset liquidation, possible tax consequences upon liquidation, reallocation or change of ownership and the mechanics of transferring assets between spouses are factors that must be considered when developing a settlement strategy. By understanding the tax implications of dividing property and the financial impact of various settlement options, Levine is able to help clients and attorneys avoid the common financial pitfalls of divorce by offering valuable insight into the pros and cons of different settlement proposals.
“Going through a divorce is often very traumatic and stressful for clients,” said Levine. “It is my job to help clients manage emotions and expectations while identifying their goals, priorities and needs, and to ensure they are able to make informed decisions that will yield a financially sound settlement that has long-term benefits.”
Hanover Financial Group offers comprehensive financial and estate planning services for individuals and businesses. To learn more about Hanover Financial Group or to obtain a professional assessment of your current financial plan,