Timothy Wesling, CDFA™, CFP®
Wesling Financial Planning Services Corp.
107 S. West St., PMB 747, Alexandria, VA 22314
County: Alexandria (city)
Phone: 703-535-8280
Fax: 703-535-8281
Website: http://www.weslingfinancial.com
Send e-mail message to Timothy Wesling, CDFA™, CFP®.
Click here to ask for appointment.
E-mail a friend about this divorce professional.
- As with our holistic financial planning approach, Wesling Financial approaches divorce finances in a similarly comprehensive manner. Our service with
divorcing individuals is one of hand holding. The information needed to adequately state your current financial circumstances and to forecast your finances
well into the future can be intimidating to collect, difficult to understand, and perplexing to evaluate. Helping you in every step is our philosophy.
-
In divorce, people often overlook the future since the present can be so consuming and the past so hurtful. For divorcing individuals, the key analyses are
usually cash flow (do I have enough money to pay the bills and take care of my family?) and net worth (did I get out as much as my efforts contributed to the
marriage?). These analyses must take into account inflation and taxes with a long term view into the future.
- These analyses also require full
disclosure by both. While the discovery process may be difficult if one of the parties is uncooperative, using thorough analytical techniques we can uncover
even the best-hidden assets.
- Divorce financial engagements begin with a discussion of the varying approaches to divorce, including do-it-yourself,
litigation, mediation, and the collaborative method. Wesling Financial's divorce experts are experienced in every phase of the divorce process.
- Cash
flow comes from a number of sources, including wages, savings, child support, and spousal support. The initial cash flow analyses depend on a detailed budget.
The results can help determine how much to garnish wages and amounts for insurance, if any needed to cover the payments when unforeseen circumstances crop-up.
- An appropriate net worth is critical to your well-being today and in the future. Valuing assets of all kinds is central to establishing, maintaining
and building your net worth, your nest egg, and your legacy. Determining what is marital property and what is separate property is the beginning of the net
worth analyses.
- Military spouses have unique circumstances due to the Former Spouses Protection Act, Veterans Administration disability pay, and other
military benefits. All of these add to the burdens military spouses face. Fortunately, valuing military pensions and benefits can be straightforward.
Actually obtaining those benefits can be a greater challenge. With Wesling Financial's intimate knowledge of the military divorce process, we can provide the
expertise to secure the benefits you de serve.
- Supporting the cash flow and net worth analyses are several crucial investigations. Looking at the
current value and forecasting the future value of investments, retirement plans, pensions, Social Security, retirement accounts, stock options, and business
ownership (including buy outs and buy sell agreements) will be crucial to the settlement agreement process.
- Working with Wesling Financial's experts
in divorce, we can reduce your stress by providing education and a helping hand throughout the process.