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Business helps clients understand financial aspects of divorce

July 01, 2012
  • Veralynn Morris
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FREDERICK, Md. — Veralynn Morris, who has more than 30 years of financial consulting experience, recently opened a Frederick-based practice dedicated to assisting divorcing individuals and couples understand the financial aspects and effects of divorce settlements.

The service is offered by Divorce Financial Solutions Inc. from the beginning of the divorce process until a final decree is made. Morris also assists in Qualified Domestic Relations Order preparation with clients’ attorneys. She follows the course of the order until completion to assure proper and prompt transfer of assets to the designated accounts.

Morris has qualified as an expert witness in Frederick County (Md.) Circuit Court on issues surrounding the division of retirement assets, investments and pension plans, and is a qualified expert concerning Qualified Domestic Relations Orders.

“Today’s financial decisions determine tomorrow’s financial future. It is imperative that you have a wide view of not only the short-term but the long-term implications and impact this will have on your life before you decide on a final settlement proposal,” Morris said in a news release. “I’m there to make sure you can look forward to a stable and secure economic future, and avoid regret with the financial decisions made during the divorce process.”

Morris provides financial information and assistance to people contemplating or going through a divorce. She evaluates the tax implications of dividing property, and can point out the financial impact of various settlement options for the division of marital property, child support and alimony.

A key service she is able to provide is pension valuation. As a certified divorce financial analyst, she can guide parties through the myriad details of financial issues and avoid the common pitfalls of divorce by offering insight into the pros and cons of various settlement proposals.

Morris is a member of the Institute for Divorce Financial Analysts and the Society of Financial Services Professionals.

For more information, contact the office, at 135 W. Patrick St. in Frederick, at 301-829-8603 or via email at administrator@divorcefinancialsolutions.org.

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