When you and your spouse have come to a point in your marriage where you feel it would be better for all if you pursue a divorce, it brings up so many emotions and questions, especially financial concerns. There are so many factors that need to be considered with the division of assets and debts. It can be overwhelming. But with the collaborative divorce process, couples have access to a neutral financial advisor. This financial advisor will help couples take an honest and unbiased look at their current and future financial landscape and guide them in drafting an amicable agreement. […]Read more
Tag Archives: collaborative divorce
What You Should Know About Splitting Assets During Divorce
When you find yourself starting down the path of divorce with your spouse, there are so many moving parts that you must factor in and understand how it changes the life you are used to. It comes as no surprise, your divorce will have long-reaching changes to your financial landscape that may last for many years. Collaborative divorce allows for a couple to divorce in a more peaceful, respectful manner by staying out of court. It also allows for a financial neutral to learn about all of the assets, debts, income and expenses and then give a clear forecast of […]Read more
Keeping Your Relationship With Your Child Strong During Your Divorce
There is no doubt the marital separation road has numerous potholes, and often you are unsure how your family will be impacted. But did you know there is help for all involved, including your children? When you choose a collaborative divorce instead of an adversarial court model, you can divorce AND keep your family intact – it really can happen! The collaborative divorce model works on a team model with an attorney for each spouse, a neutral financial expert and mental health experts who are available to help find the best path forward for you, your spouse and your children. […]Read more
Which Divorce Path Is Right for You?
When you begin to realize that your marriage is falling apart and the best path forward is to get a divorce, your mind then goes into hyper-drive because you are not sure which divorce process will work the best and keep your family unit intact. In California, there are four different types of divorce processes, let’s talk about each one: In a traditional negotiated or litigated divorce, the courts and attorneys take a key role in deciding your fate for financial support, division of assets and child custody. This method can be costly and it can take a long time […]Read more
How Does Divorce Affect Your Taxes?
When you find yourself moving forward with a divorce, it can feel like you have a tsunami landing on top of you! There are so many moving parts. The good news is that if you and your spouse choose the collaborative process, you can work through your financial landscape in a non-adversarial, no-court method. You may also choose to have a neutral financial advisor who can help both of you develop a financial agreement that is agreeable to both of you. Often, we see couples who are divorcing that have not considered how their taxes will be impacted. And when […]Read more