What is a collaborative divorce financial specialist?
A collaborative divorce financial specialist is an expert who provides financial advice to divorcing couples in California during a collaborative divorce. The specialist assists couples in coming up with an agreement that is fair to both parties, ensuring that neither is taking advantage of the other. This expert typically has a background in accounting, investment and taxation that allows them to understand the financial implications of a divorce agreement. The collaborative divorce financial specialist works with the divorcing couple to address all financial issues, such as the division of assets, the distribution of debts, as well as alimony and child support payments. They provide advice to both parties on how to handle their finances and assist in working out a fair agreement. The specialist also works with the couple’s lawyers to ensure that the agreement meets legal requirements and is fully enforceable. The collaborative divorce financial specialist is an important part of the collaborative divorce process, as they provide valuable advice to both parties on how to manage their finances post-divorce. They can help couples overcome contentious financial disputes and find agreement on financially beneficial terms.
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