Living in the 21st century, we all have the latest technology to remind us how far our standard of living has evolved. I-Phones, I-Pads, texting and the such are examples of how life has changed over the last 50 years. However, in many of the cases I handle the to-be divorced wife/mother has a potentially significantly disadvantage when it comes to their financial position. Some of them have never handled the finances or have been a part of the discussion during the marriage. This and many other considerations need to be discussed and resolved to level the playing field for them.
I have attached a well written and very accurate article by financial advisor Matthew Bartolomei outlining the financial issues to be considered during the divorce process. A financial advisor is one of the neutral professionals involved during the Collaborative Divorce process. Their role is to advise the parties during the equitable distribution discussion as well as providing the parties sound financial information to guide them in making the decisions necessary to resolve the financial issues of their divorce. Children who may be spending much if not most of the time with their mothers have needs that have to be addressed during the divorce. Many of these needs will have a financial impact more so on the mother than the father. The Collaborative Process allows for these discussions to be had in a gentle way, in a safe environment that would be more difficult in traditional divorce litigation.
Resolving these financial issues are one of but many ways that Collaborative Divorce is by far the most effective and efficient way for parties to dissolve their marriage. A kinder, gentler, more civil way to divorce – It is the better way – This is Collaborative Divorce!
Enjoy the article and a most appropriate song and lyrics to accompany your reading!