When couples begin a marital dissolution and choose the Collaborative Divorce process, we often find that one person is thoroughly knowledgeable about their finances and the other one knows very little. In these cases, one spouse has paid the bills during the marriage and has been in charge of investments. That person has taken care of all the financial obligations. Suddenly, when the divorce … [Read more...] about Advantages of a Neutral Financial Professional in a Divorce
Financial Professional
The Role of the Financial Professional in A Collaborative Divorce
The financial professional in a collaborative divorce plays a critical role. There are two financial professional roles and they are distinct, the Certified Divorce Financial Analyst, CDFA® and the Divorce Forensic CPA. This blog will address the role of the CDFA®. A future blog will talk about the role of the Divorce Forensic CPA. The Certified Divorce Financial Analyst … [Read more...] about The Role of the Financial Professional in A Collaborative Divorce
Avoiding Common Money Mistakes in Your Divorce
There are no easy do-overs in divorce. The courts do allow revisiting child support and spousal support in some situations, but wouldn’t it be better to do it right the first time? In most couples, one member is more familiar with the finances than the other. This is perfectly normal, but in divorce, both people need to understand the finances to properly divide and manage their money in the … [Read more...] about Avoiding Common Money Mistakes in Your Divorce