What is the role of a financial professional in a collaborative divorce?

A financial professional is essential for a successful collaborative divorce in Delaware. This professional helps both parties in the divorce process to identify all of their assets and liabilities, determine an equitable division of assets, and plan for a post-divorce financial future. The financial professional will be involved in the entire collaborative process, from helping the parties draw up an initial financial agreement, to assisting in negotiations, and creating a sensible and equitable resolution. The financial professional has an important role in the collaborative process because they bring objectivity and unbiased analysis to the divorce process. They provide both parties with an understanding of their current financial situation, assets and liabilities, and the tax implications of a divorce. Through this knowledge, the parties can negotiate a settlement that is fair and prudent from a financial standpoint. Beyond the financial aspect of the divorce, the financial professional is also an invaluable asset to the process, providing educated and unbiased advice to both parties. With the help of the professional, both parties can develop realistic expectations with the potential outcomes of their divorce. This makes it easier for the parties to reach an agreement that is both satisfying and financially sound.

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What is the role of a financial professional in a collaborative divorce?

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