What is a collaborative divorce financial specialist?

A collaborative divorce financial specialist is a professional who specializes in helping those who are going through a collaborative divorce in Delaware. They provide financial advice and guidance throughout the entire divorce process. Collaborative divorce financial specialists have a specific set of skills and knowledge to help divorcing couples reach a mutually beneficial understanding of their financial situation. The collaborative divorce financial specialist will review the financial situation of the parties involved, including any assets, debts, income, investments, and taxes. They also have to understand the legal aspects of divorce and tax laws, to help the couple achieve an equitable distribution of their financial assets. They will help the couple come up with a comprehensive plan that takes into account their individual needs and goals. The collaborative divorce financial specialist will work with both parties involved to construct a plan to address their financial issues. This includes helping to negotiate a fair and equitable division of assets and debts, as well as taking into account other issues such as child support, alimony, and tax planning. They will also help the parties to establish an appropriate budget and plan for the future. The financial specialist will work to ensure that both parties are clear about their financial situation and both understand the tax implications of the decisions that are being made. Ultimately, the collaborative divorce financial specialist is a valuable asset to have on the team when dealing with a collaborative divorce in Delaware. They are able to provide financial advice and guidance throughout the entire process and help the divorcing couple construct a plan to address their financial issues without going to court.

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What is a collaborative divorce financial specialist?

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