Showing posts with label Certified Divorce Financial Analyst. Show all posts
Showing posts with label Certified Divorce Financial Analyst. Show all posts

Role of the Financial Specialist in Collaborative Divorce

In a collaborative case, the spouses share one financial specialist. He or she is typically a Certified Public Accountant, Certified Financial Planner, or a Certified Divorce Financial Analyst.

The financial specialist is a neutral party who assesses the financial issues related to the marriage and divorce and helps the couple understand the short- and long-term implications of property settlements, alimony, and child support.

A big part of the financial specialist’s job is education — helping the couple get a handle on current finances — especially assets and debts — and advising both parties on structuring a financial settlement that is most appropriate for their family.