All divorces include significant financial decisions. The impact of those decisions can have personal and financial consequences that extend far beyond the immediate legal outcome.
How you go through a divorce and who advises you when making financial decisions is pivotal. In the traditional divorce process, both parties obtain legal representation and the attorneys provide most of the recommendations regarding how financial assets should be split.
Alternative processes, such as mediation, frequently bring in third parties like financial specialists to offer counsel. Studies show that enlisting the help of financial specialists and other consultants, like mental health professionals can result in a more holistic solution and a better long-term outcome for all parties.
This article by Tom Roberts in the Bradenton Herald offers some areas to consider when going through a divorce.
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