What is one of the primary roles of a CDFA when reviewing a financial affidavit?

One of the primary roles of a Certified Divorce Financial Analyst (CDFA) when reviewing a financial affidavit is to collect true financial information. This process involves analyzing the financial affidavit to ensure that it accurately reflects the individual's income, expenses, assets, and liabilities. The CDFA's objective is to provide a clear and comprehensive understanding of the financial situation of the parties involved, which is essential for making informed decisions regarding support, asset division, and overall financial planning during and after a divorce.

Having access to accurate financial data allows the CDFA to advise clients effectively, facilitate negotiations, and help clients understand the long-term implications of financial decisions. This is crucial in divorce proceedings, where financial transparency is key to equitable settlements. Collecting true financial information helps prevent misunderstandings and disputes regarding financial matters, enabling clients to approach negotiations with a clearer perspective.