Elevated Mediation From A Financial Expert’s View
Not only can a divorce be draining emotionally, but it can be draining financially, too. But when you utilize the collaborative divorce process, you have access to a financial neutral who can help you develop a solid financial plan that will be mutually agreeable to both of you.
Not only do you have access to a financial neutral, but both of you will also have access to a team of experts – attorneys, mental health professionals, child specialists and divorce coaches, to name a few. It would seem that having a team would be more expensive, but most times it costs less than going through a litigated divorce!
While a team of experts is great, sometimes we find that our clients prefer elevated mediation. This is where one neutral from each modality – financial, mental health and an attorney that is licensed and trained in the collaborative divorce process, works with you to find an amicable way forward.
During an elevated mediation, a financial neutral can play a vital part in working on impasses. They are either a licensed certified public accountant (CPA) and/or certified divorce financial analyst (CDFA).
The team may suggest meeting with the financial neutral to address or explain confusing financial details. They can also help develop trust, transparency and confidence for the couple that their financial landscape will be resolved fairly.
When you meet with the financial expert, each person will receive a detailed, neutral picture of the financial issues. This information will form the basis to start discussions concerning how to divide the assets.
Our team at Family Divorce Solutions is comprised of experienced, licensed and trained attorneys, mental health and financial professionals. Our goal is to get both parties together and quickly come to a resolution without going to court or costing a great deal of money.
Contact us today to see how our team of elevated mediators can help you and your spouse work together in a cost-effective and timely manner while working towards understanding your financial landscape.
Note: This information is general in nature and should not be construed as legal/financial/tax/or mental health advice. You should work with your attorney, financial, mental health or tax professional to determine what will work best for your situation.
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