a Certified Divorce Financial Analyst, I have three possible roles
- as a consultant to an individual, as a neutral financial professional
for the divorcing couple or registered domestic partners who are
in mediation, or as a neutral financial professional for the divorcing
couple or registered domestic partners who have agreed to the
collaborative law model.
act as a consulting financial analyst to the individual
who is either in litigation, mediation, or collaboration and is
looking for independent help in any of the following areas: budgeting,
determining and prioritizing the family's financial needs, providing
a blueprint for the legal financial disclosures, analyzing the
short and long term consequences of possible settlement options
by using projections over 10 - 30 years, identifying the tax consequences
of these same scenarios, reviewing the final settlement agreement
before it is signed to ensure there are no remaining financial
concerns, and educating the individual so that he/she can make
fully informed financial decisions and agreements.
the couple in mediation my role is as a neutral financial
professional. I provide all of the same services listed above
but in a neutral fashion for both parties. I explain the tax ramifications
associated with various settlements under consideration and look
for the options which provide the least tax burden to both parties.
In addition, I can prepare projections for the couple which will
show each of them what their financial position will be over time.
the collaborative law setting my role for the couple in collaboration
is also as a neutral financial analyst with the added element
of being a member of the collaborative team which includes attorneys
and coaches to help the parties reach the best possible settlement
agreement which addresses each individual's needs, interests,
and goals. I educate the couple so that they can make fully informed
financial decisions on a level playing field.
the video below to learn more about the role of a Certified Divorce
Financial Analyst in Collaborative Practice (about five minutes
information you obtain at this website is not, nor is it intended
to be, financial or legal advice. Jude Sterling recommends you
consult with a financial or legal expert for individual advice
regarding your own situation.