Irene Smith holds the designations of Certified Divorce Financial Analyst™, Certified Financial Planner® and Certified Public Accountant.
Irene obtained her Bachelor of Science degree in Accounting from California State University, Northridge and her MBA degree in Finance from the Wharton School at the University of Pennsylvania.
Irene had an extensive corporate career and developed expertise in the fields of taxation, finance and real estate. She started her financial planning practice in 2001. After experiencing the impact divorces had on the lives of her family and friends, she decided to obtain additional training as a Certified Divorce Financial Analyst to help divorcing individuals make better informed financial decisions.
She analyzes the financial issues of a divorce and informs clients about the long-term effect of financial decisions made today. She can help clients avoid the common pitfalls of divorce by evaluating the tax implications of dividing property and the financial impact of various settlement options.
She can assist clients with the following:
1. Who should keep the house?
2. How much will it cost to live post divorce?
3. How much and how long would alimony be needed?
4. How to value retirement accounts in qualified plans and how should the amount be divided?
5. What are the short term and long term financial impact of different settlement scenarios?
6. How is a family business valued?
Irene is a member of the Institute of Divorce Financial Analysts and the Los Angeles Collaborative Family Law Association. She served on the board of the American Women Society of Certified Public Accounts – Los Angeles Chapter and was the scholarship committee chairperson for the Chapter. She is a frequent speaker on the subjects of financial planning, risk management and financial fitness strategies for women. You can visit Irene's website at www.SmithFinancialManagement.com.