FAIR, FLEXIBLE, and FINANCIALLY SOUND.
Parenting Plans
Creating a parenting plan during a divorce can be overwhelming, but Financial Divorce Design is here to help. With the expert guidance of our Certified Divorce Financial Analyst® (CDFA®), we ensure that your parenting plan is not only FAIR, FLEXIBLE, and FINANCIALLY SOUND but also tailored to meet the unique needs of your family. Our approach prioritizes your children’s well-being while addressing key financial considerations such as child support, shared expenses, and future planning—giving you peace of mind as you navigate this transition.
With our CDFA®’s financial expertise, we help you make informed decisions that promote stability for both parents and children. Whether you're negotiating schedules, handling school and medical expenses, or planning for long-term financial security, we provide the clarity and support needed to create a sustainable co-parenting plan. Let us guide you in building a strong foundation for your family’s future with a parenting plan that works for everyone involved.
Parenting Plans
Frequently Asked Questions (FAQs)
1. What is a parenting plan, and why is it important?
A parenting plan is a written agreement that outlines how divorced or separated parents will share responsibilities for raising their children. It’s essential because it ensures both parents understand their roles, responsibilities, and schedules, reducing conflict and promoting the well-being of the children.
2. How can Financial Divorce Design help with creating a parenting plan?
Our Certified Divorce Financial Analyst® (CDFA®) provides expert guidance to help you craft a parenting plan that is FAIR, FLEXIBLE, and FINANCIALLY SOUND. We focus on balancing the needs of your children with the financial realities of both parents.
3. What should be included in a parenting plan?
A parenting plan should cover custody arrangements, visitation schedules, holiday planning, decision-making responsibilities, and how expenses for the children will be shared. It may also address education, healthcare, and extracurricular activities.
4. How does a CDFA® support financial aspects of parenting plans?
Our CDFA® helps ensure the financial aspects of the plan are sustainable by analyzing budgets, child support calculations, and shared expenses. This expertise allows you to make informed decisions that support both parents and children in the long term.
5. Can a parenting plan be modified later?
Yes, parenting plans can be adjusted as circumstances change, such as new job schedules, relocations, or as children grow older. Our team can help you revisit and revise your plan when needed.
6. How do we ensure the parenting plan is fair to both parents?
We work closely with both parties to create a balanced plan that considers parenting time, financial contributions, and each parent’s ability to meet their children’s needs while promoting equality and fairness.
7. Is mediation required to create a parenting plan?
While mediation is not always required, it can be a helpful tool for parents to collaboratively create a plan. Our team can assist in this process or provide support to ensure financial elements are clearly understood.
8. How can we ensure the parenting plan supports our children's well-being?
Our approach focuses on putting your children’s needs first, ensuring the plan provides stability, consistency, and emotional support. We incorporate financial strategies to ensure their needs are met both now and in the future.
Are you or someone you know
Contemplating Divorce?
Individuals start contemplating divorce a minimum of 6 months before they take any action, studies indicate. During that time of inaction, fears of the unknown grow and can create anger, animosity and other emotions that are unhealthy. They talk to close friends or family and often times are tempted to do things that they regret.
For many, the first step-consult an attorney. Lawyers provide the needed legal information but they will not be able to alleviate the financial fears.
