The Importance of a Financial Divorce Specialist

When you start the divorce process, it can be overwhelming. You may feel that every move you make complicates the situation that much more. One of the aspects of divorce that can be very overwhelming is how your financial landscape will be divided. When you and your spouse work with a collaborative divorce team, you will be supported by lawyers who agree to stay away from court-litigation as well as other divorce experts that can be available to you. The team may include a divorce coach, mental health professional, child specialist and financial specialist. The financial specialist is a valuable […]

How To Start Over Financially After Divorce?

When you find yourself separating from your marital partner, there are many things to consider. It can be overwhelming. And while it is overwhelming, you need to remind yourself to think with your head and not your heart to make sound decisions about your finances that will span your lifetime. Often when couples are divorcing, one partner may forgo their career to be a full-time parent while the other one works outside of the home. And when this happens, and divorce is the necessary solution, we often see that the person who remained at home during the marital courtship has […]

Financially Recovering After Divorce

The financial stress from a divorce ranks up there with the death of a loved one. A divorce didn’t happen overnight, so recovering from it financially won’t either. The first thing we should mention is to make sure you and your spouse divorce using the collaborative divorce process and a neutral financial mediator. The collaborative process brings financial privacy, amicable agreements and planning for the future once your divorce is finalized by utilizing a financial divorce specialist who can help both you and your spouse understand your financial landscape pre- and post-divorce. Here are a few tips a financial neutral […]

Mistakes to Avoid When Dividing Assets

When you find yourself starting down the road of divorce, it is understandable why emotions run high and new stressors occur rapidly. There are so many things that need to be considered, from child custody and support to dividing your financial landscape in two. However, one thing is sure: don’t wait to learn that you made mistakes in your asset division after the smoke clears. It’s important that you and your spouse completely understand what is at stake by dividing your financial assets. When you utilize the collaborative divorce process, you can be reassured that you and your partner are […]

Tips for Maintaining Your Finances During Your Divorce

One thing is for sure, taking financial advice from your friends and family can be catastrophic to your financial landscape moving forward long after your divorce has been finalized. When you and your spouse choose to engage in the collaborative divorce process, financial professionals are ready to help understand your family’s financials privately, no matter how complex they are. When we meet with couples, our financial experts often like to share a few thoughts to help couples through the process. Here are a few: Don’t share your financial situation Decide early on what areas are non-negotiable – what can and […]