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

A financial planner plays an important role in a collaborative divorce in Alaska. A financial planner is a professional who is trained to help families create sound financial plans and to understand the financial implications of a divorce. The financial planner’s job in a collaborative divorce is to help the divorcing couple make informed decisions about their finances. This includes giving each spouse an accurate picture of the couple’s financial situation before the divorce. The planner will review any documents related to the couple’s assets and debts, and can help the couple develop an equitable distribution plan. The planner can also provide education on a variety of aspects of the divorce process, such as how to calculate spousal support and child support, and how to create a budget after the divorce. The planner can also help with creating a long-term financial plan that takes into account any changes in income or assets due to the divorce. The financial planner is there to ensure both spouses feel comfortable with their financial decisions throughout the divorce process, and can suggest modifications to the plan if needed. This helps ensure that both spouses are making informed decisions that will be beneficial short-term and long-term.

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