Divorce can have far-reaching effects on many aspects of a person's life, including their financial well-being. One aspect that is often overlooked is the impact of divorce on credit scores. The way in which a divorce is handled can significantly influence whether a person's credit score takes a hit or remains relatively unscathed. In this blog, we'll explore how divorce can affect your credit … [Read more...] about How Divorce Can Impact Your Credit Score and The Power of The Collaborative Process
One contentious issue that arises during a divorce is when there is a business asset and how to divide it. This is true whether the business is a professional business owned by one spouse, or a family business owned and operated by both spouses. Except in rare cases, the first step is to have the business's worth evaluated. How Valuation of a Business Works in a Collaborative Divorce In a … [Read more...] about Do We Need A Business Evaluation For Our Divorce?
One of the first things that a divorcing couple needs to do is gather your financial information. In the divorce process you will both need to have a complete picture of your financial situation before you can begin to work on a settlement agreement. In a Collaborative Divorce, this step is easier than in traditional litigation because you have the assistance of a neutral financial … [Read more...] about 4 Keys for Working with Your Divorce Financial Professional
In a traditional divorce, parents are often battling between themselves about how to take care of the children, both financially and emotionally, when the family is no longer living together in one household. One of our goals with our clients is to assist them with a post-divorce budget that is related to the children in ways that decreases the contention in a divorce and puts the … [Read more...] about Children, Divorce and Money