Finances
What If I Don’t Trust My Spouse to Be Transparent with Finances? Is Collaborative Practice a Good Option for Me? Part 3
By Shawn Weber, CLS-F Read Part 1 and Part 2 Real-Life Scenario: How Collaborative Financial Disclosure Works Consider a hypothetical couple: John and Jane. John manages most of the family’s finances. Jane has a rough idea of their budget but isn’t fully aware of all investments and accounts. As they head toward divorce, Jane worries…
Read MoreWhat If I Don’t Trust My Spouse to Be Transparent with Finances? Is Collaborative Practice a Good Option for Me? Part 2
By Shawn Weber, CLS-F Read Part 1 HERE Structured Information Gathering and Disclosure Protocols Collaborative Practice doesn’t just rely on people willingly sharing financial data to ensure financial transparency. (People tend to share more in Collaborative Practice than in traditional litigation.) Instead, the Collaborative team will insist on structured protocols for disclosure. These protocols typically…
Read MoreWhat If I Don’t Trust My Spouse to Be Transparent with Finances? Is Collaborative Practice a Good Option for Me? Part 1
By Shawn Weber, CLS-F Introduction Divorce is inherently challenging—especially when finances are involved. Questions about money often spark the most anxiety as they cut to the core of people’s futures. Collaborative Practice (also known as Collaborative Divorce) can be a great option if you don’t quite trust your spouse to tell the truth about money.…
Read MoreFinances and Divorce: What You Should Know
How you approach your divorce separation can significantly affect your financial stability and overall well-being. Collaborative Divorce offers a compassionate alternative that protects you and your partner’s financial interests. Joint accounts require careful management during divorce proceedings. Work collaboratively to close shared accounts and establish individual financial accounts under your name only. Be strategic about…
Read MoreHow to Financially Recover After Divorce
Going through a divorce is challenging, both emotionally and financially. As collaborative divorce professionals, we have seen how this process can be smoother and more amicable than a court-litigated divorce. The key is working with a neutral financial mediator to divide assets, review your financial portfolio and suggest your options for the future. Being honest…
Read MoreFinancial Mistakes to Avoid During Divorce
Navigating the turbulent waters of divorce involves more than just emotional separation – it also requires careful consideration of your financial future. When using the collaborative divorce model, amicable resolutions are at the forefront. One of the first pillars of a collaborative divorce is transparency. Transparency ensures accurate reporting of all assets, debts, and financial…
Read MoreFocus on Staying in the Black During a “Gray Divorce”
The number of “gray divorces” has doubled in the past 25 years, they are becoming more commonplace in our society today. It is rising for many reasons, including the size of the baby boomer demographic, and this group not being concerned with the social stigma that divorce caused for their parents and grandparents back in…
Read MoreHow to Financially Prepare for Divorce
Divorce is a very challenging and emotionally draining process, but it’s essential to understand how your financial landscape will change before, during and after your divorce. It can be overwhelming to deal with on all fronts. When you and your spouse choose the collaborative divorce process you are paired with divorce professionals such as a…
Read MoreHow to Financially Prepare for Divorce – Join Us for the Divorce Options(R) San Diego Workshop, February 4
Are you going through divorce and wondering how it’s going to affect you financially? Join us for the next Divorce Options(R) Workshop on February 4 to learn financial tips when going through a divorce. Learn more about our workshops and RSVP here.
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