Divorce Magazine

Since 1996 Divorce Magazine has been the Internet's leading website on divorce and separation. We provide advice about divorce law, divorce lawyers, family law, custody, support and other divorce related issues along with a directory of divorce professionals.

 

What role does the financial planner play in the Collaborative Divorce model?

Hiring a financial advisor, who will keep both of your financial futures in mind, can guarantee a peace of mind which will make the entire divorce process that much easier.

By Updated: February 27, 2015Categories: ,

What role does the financial planner play in the Collaborative Divorce model?

“What role does the financial planner play in the Collaborative Divorce model? Do we need to involve one in our divorce?”

A financial planner serves as a neutral financial advisor. Rather than hiring “dueling experts”, with each party hiring and paying for their own financial advisor, CPA, or financial planner, a neutral financial specialist is brought into the collaborative-divorce team to evaluate the parties’ assets and income as a whole. Rather than focusing on what is best for one party, a neutral advisor will help design a division of assets and, if necessary, payment of alimony that is best for both parties.

Lori Barkus is a Florida Supreme Court Certified Family Law Mediator and Circuit Civil Mediator and is a member of the International Academy of Collaborative Professionals as well as a member of the Board of Directors for the Collaborative Family Lawyers of South Florida.

Related Content

  1. Tips For Choosing Your Divorce Financial Professional
  2. How to Choose Your Divorce Financial Professional
  3. Podcast: Justin Reckers on Importance of Divorce Financial Planning

Reader Interactions

Add A Comment

css.php Skip to content