Collaborative Divorce allows couples to divorce in a considerate and cooperative manner, rather than in a litigious one.
It is an approach where you seek what is right for each other and where you each undertake to resolve matters without going to court.
Throughout, the whole journey you will have the guidance and support of your family lawyer and a team of qualified professionals ~ one of which is the financial neutral.
I’m a member of three different collaborative practice groups located in Staffordshire, the Black Country and Coventry and Warwickshire and within each you will find experienced professionals committed to this non-confrontational approach to divorce.
In support of the family lawyer, a financial neutral can be a key member of the professional team you employ.
Our role is to empower individuals to make wise and workable decisions about money and wealth, with early involvement in the process, typically helping matters run more smoothly.
What will a financial neutral do for you?
We can facilitate discussions in a safe environment where each of you can raise your concerns about money and wealth.
We can assist you and your lawyers by carrying out a comprehensive assessment of your financial affairs including assets that are owned, debts that are owed and cash flows derived from work and from other sources.
We can calculate your needs, post-divorce budget, ability to pay of both the husband and wife, as well as help to stabilize the financial situation during and after the divorce.
We can prepare and present various settlement scenarios and guide you through the important decision making steps.
Often one person in the relationship has a better understanding of financial issues, so our role could be to help level the playing field in this situation and to educate both parties.
All of this is done from a position of neutrality – a position in which the financial planner is trying to make the most of the available assets for the good of all members of the family.