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CAROL ANN WINS PIONEERING AWARD
Local entrepreneur Carol Ann Wilson has been awarded the prestigious
Pioneering Award by the Association
of Divorce Financial Planners (AFDP). The Pioneering Award honors
individuals who have made outstanding contributions to the field
of divorce. In 1993, Wilson founded the profession of Financial
Divorce Professionals, specialists who are trained in the financial
issues surrounding divorce and who work with divorcing clients and
their attorneys to achieve fair and equitable divorce settlements.
Wilson began developing the profession with her training as a Certified
Financial Planner. In 1985, she started working primarily with divorcing
clients and discovered that determining how to divide assets in
divorce was a serious problem. Divorce attorneys tend to be unaware
of the many tax laws and loopholes that financial planners used
to help clients, and judges rely only on the evidence presented
by attorneys. No one was accurately analyzing the financial situation
of the divorcing couple, and often divorces resulted in financial
disaster for one or both of the parties involved.
Wilson discovered that, by working with a divorcing client and
their attorney, she could help them achieve a more equitable agreement
that took into account long-term financial consequences. Not only
did this make clients happy, but attorneys and judges welcomed the
expert help as well.
By 1993, she had become the nation's foremost expert on divorce
financial issues. She developed certification programs and educational
institutes to provide training and credentials for other financial
planners to gain divorce expertise. Wilson has since trained thousands
of attorneys, CPA's and financial planners in the field of divorce
and long-range settlement forecasting. She is often asked to serve
as an expert witness in court, having testified in over 120 divorce
While Wilson was the first to pioneer the field of divorce financial
planning, she now has former students helping divorcing clients
all over the country. Many of her protégés were present
when she accepted the Pioneering Award at the Association of Divorce
Financial Planners (AFDP) Annual Conference on September 11, 2008
in New York City.
Wilson's dedication to helping couples financially survive their
divorce has driven her to continuously develop more tools to help
them. Wilson has authored and co-authored several books including
40 Tips For Surviving Your Divorce, Survival Manual to Divorce,
Survival Manual for Men in Divorce, Survival Manual for Women in
Divorce, Dollars and Sense of Divorce, and ABC's of Divorce for
Currently, Wilson is the president of the Financial Divorce Association,
located in Longmont, Colorado, and an owner of the Academy of Financial
Divorce Practitioners in Chicago. Her expertise, as the founder
of the profession, is highly sought-after, and Wilson continues
to consult with divorcing clients today.
In 2007, Wilson pioneered a new niche in the field of divorce for
real estate professionals who work with divorcing clients. The Real
Estate Divorce Specialist Certification Program trains real estate
professionals in legal and tax aspects of divorce as it relates
to the division of real estate so they can help their clients avoid
pitfalls common in divorce. Like her Financial Divorce Professional
training, she expects the Real Estate Divorce Specialist program
to spread nationwide through live seminars and a self-study course
that she is developing.
About receiving the Pioneering Award, Wilson says, "After
hearing so many tragic stories from women in my office after their
divorce was final, I saw that there was a desperate need for them
to have financial consulting before their divorce. I'm thrilled
and honored to be recognized for my contributions to this field."
more about the award on the AFDP Website.