David Kobylar, CPA and partner of Hedley
& Co., PLLC and Hedley Kobylar Wealth
Management Group LLC in Clifton Park,
recently completed a specialized educational
program in professional divorce
analysis through the Institute for Divorce
Financial Analysts and is now a certified
divorce financial analyst.
Kobylar is trained to provide financial
information and assistance to people going
through a divorce. He evaluates the
tax implications of dividing property and
the financial impact of various settlement
options for dividing marital property (including
pensions) and child and spousal
support payments.
“Our role is to help determine the shortterm
and long-term financial impact of a
proposed divorce settlement to make sure
it works now as well as five, 10, or 20 years
down the road,” said Kobylar.
“We examine and analyze the financial issues of a divorce, providing our clients and their lawyers with data to help strengthen their case. We help our clients avoid the common financial pitfalls of divorce by offering valuable insight into the pros and cons of different settlement proposals.”
According to the Institute for Divorce Financial Analysts, Kobylar is the only certified divorce financial analyst within 75 miles of the Capital District who is also a certified public accountant. With over 20 years of tax experience, he is able to recognize and plan for various tax implications which can arise from different types of asset divisions and support obligations.
His divorce related work through Hedley & Co., PLLC will be offered to individuals and couples, as well as attorneys.
Kobylar is a member of the Institute for Divorce Financial Analysts, American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.
IDFA trains financial professionals to determine the financial needs and outcomes for couples after divorce. Founded in 1993, it has more than 2,000 CDFAs across the United States and Canada. The number of professionals receiving the CDFA designation continues to grow at nearly 15 percent each year.
The organization said the designation and this niche industry are expanding rapidly as more people across the country search for alternative divorce processes – from collaborative law to mediation – rather than litigating their case using lawyers as their only line of defense. For more information about IDF or the CDFA designation, visit www.institutedfa.com.