Justin Reckers named President of Collaborative Family Law Group of San Diego

Justin Reckers, Wellspring Divorce Advisors, urges caution before using a DIY divorce tool.

Media contact: Gayle Lynn Falkenthal, APR, Fellow PRSA
619-997-2495 or gayle@falconvalleygroup.com

(SAN DIEGO) – Financial professional Justin Reckers, CFP, CDFA, has been named President of the Collaborative Family Law Group of San Diego for the 2017 term. Reckers

Justin Reckers, Wellspring Divorce Advisors, urges caution before using a DIY divorce tool.

Justin Reckers, 2017 Board President

is the Chief Executive Officer of WellSpring Divorce Advisors, and the lead Financial Advisor at Fonte Financial Advisors, a Member of Advisory Services Network.

Founded in 2010, members of the Collaborative Family Law Group of San Diego work together to learn, practice, and promote the practice of Collaborative Divorce for problem-solving and the peaceful resolution of family law issues, with an eye toward preserving the emotional, as well as the financial, assets of the family. Its goal is to transform the resolution of family law issues through respectful, Collaborative processes that protect the integrity, health and financial security of families and eliminate the need for families to resort to litigation.

Reckers is a graduate of The Ohio State University, a Certified Financial Planner™ and Certified Divorce Financial Analyst™. He is a former board member of The Institute for Divorce Financial Analysts, Collaborative Practice California and the Collaborative Family Law Group of San Diego. Reckers is the Chairman of the Board of Trustees for the Pacific South Coast Chapter of the National Multiple Sclerosis Society.

“It is my goal to guide people through what can be the most emotionally and financially devastating period in their life,” said Reckers. “Those of us who believe in Collaborative Divorce believe it is the best way for families to achieve a private, respectful divorce that preserves healthy family relationships and financial security for the entire family.”

“From my vantage as a financial professional, we help clients understand both the short and long term financial consequences of their divorce settlement options and gather information to make a fully informed decision. Financial professionals are part of a team that includes attorneys and divorce coaches, working together to help build creative settlement options and assist clients to transition successfully into their new financial reality with a game plan for success,” said Reckers.

“My goals for the coming year are twofold. First, increase public awareness of the existence and benefits of the Collaborative Divorce process; and second, to expand our successful ‘Divorce Options’ educational workshops throughout San Diego County. The workshops help individuals and couples learn about the different methods of getting divorced so they make an informed choice for their family,” Reckers said.

Serving with Reckers on the 2017 board of directors are Lynn Waldman, President-Elect; Ginita Wall, Treasurer; Meredith Lewis, Secretary; and Frank Nageotte and Anna Addleman, at-large members.

About the Collaborative Family Law Group of San Diego

CFLG San Diego’s members work together to learn, practice, and promote collaborative processes for problem-solving and the peaceful resolution of family law issues, with an eye toward preserving the emotional, as well as the financial, assets of the family. Its goal is to transform the resolution of family law issues through respectful, collaborative processes that protect the integrity and health of family relationships and eliminate the need for families to resort to litigation.

CFLG is online at www.collaborativefamilylawsandiego.com. Follow us on Facebook for the latest divorce news.

Top 5 Financial Moves If Divorce Is In Your Future

There are so many financial implications to divorce including the date of separation. It is best to work with expert divorce attorneys and financial professional on your side.

If previous statistics are any prediction, a wave of divorce filings will hit courts across the United States including in San Diego County at the beginning of 2017.

Divorce is a chaotic time, but no matter how difficult it is, it is critically important to address your financial situation and take several specific steps before your divorce to ease the financial implications before, during and after your divorce.

There are so many financial implications to divorce including the date of separation. It is best to work with expert divorce attorneys and financial professional on your side.

There are so many financial implications to divorce including the date of separation. It is best to work with expert divorce attorneys and financial professional on your side.

Collaborative Family Law Group of San Diego president Justin Reckers, CEO of Wellspring Divorce Advisors. Reckers is a Certified Financial Planner and Certified Divorce Financial Analyst and offers advice based on his practice working with individual going through a divorce. The key? “Budgeting is the most important thing to consider before, during and after a divorce,” he said.

Read the entire article here.

First Divorce Options Workshop of 2017 in San Diego Saturday, January 7

If you plan to file for divorce in 2017, attend our helpful free workshop first

(SAN DIEGO) – If your marriage is ending and you plan to file for divorce in 2017 once the holiday season is over, start on the right track by attending a free “Divorce Options” workshop in San Diego offered by the Collaborative Family Law Group of San Diego.

The next “Divorce Options” workshop takes place on Saturday, January 7, 2017, from 9 a.m. to 12 noon at the Scripps Ranch Civic Association Community Center, 11885 Cypress Canyon Road (corner of Scripps Poway Parkway and Cypress Canyon, two miles east of Interstate 15).

Workshops take place the first Saturday of every month. Seminar leaders help people in a diverse range of situations and are able to take any questions. Divorce is difficult and stressful even under the best of circumstances. It can be especially hard if you have children or economic difficulties. Divorce affects people from all walks of life, and no two situations are alike.It is possible despite challenges to preserve the emotional and financial resources of the family while respecting everyone’s needs during a divorce.

For additional information or to RSVP, call Divorce Options at (858) 472-4022 or email at sandiegodivorceoptions@gmail.com

If the first of the year is bringing a divorce into the picture, attend our free San Diego workshop

If the first of the year is bringing a divorce into the picture, attend our free San Diego workshop

Led by volunteer attorneys, financial specialists, and mental health professionals who are members of the Collaborative Family Law Group of San Diego, the workshop will cover the full range of choices couples have as they contemplate divorce, focusing on the non-adversarial, out-of-court options.

The Divorce Options program helps San Diegans become more knowledgeable about the resources they can draw on to plan an effective transition that respects the needs and interests of all family members. Taking time to become more knowledgeable can go a long way to ease the anxiety about your divorce, and allows you to take control of your future.

Divorce Options provides unbiased information about self-representation, mediation, collaborative divorce, and litigated divorce. The workshop deals with the legal, financial, family and personal issues of divorce in an informational and compassionate small group setting. There is NO solicitation of business.

The Divorce Options program welcomes anyone thinking about divorce or other relationship transitions including co-habitating couples with children or LGBT couples looking for a process aware and respectful of their unique needs. Divorce Options offers useful information adaptable to a wide variety of family circumstances.

Topics include:

  • Litigation, mediation and collaboration – the risks and the benefits of each process
  • Legal, financial, psychological and social issues of divorce
  • How to talk about divorce with your children
  • Guidance from divorce experts

By learning about divorce and the different process options available you can maximize your ability to make good decisions during the difficult and challenging time. Divorce Options is a workshop designed to help couples take the next step, no matter where they are in the process. It identifies strategies to help you stay out of court, and helps you identify the social, emotional, legal, and financial issues that are most pressing for you.

About the Collaborative Family Law Group of San Diego

CFLG San Diego’s members work together to learn, practice, and promote collaborative processes for problem solving and the peaceful resolution of family law issues, with an eye toward preserving the emotional, as well as the financial, assets of the family. Its goal is to transform the resolution of family law issues through respectful, collaborative processes that protect the integrity and health of family relationships and eliminate the need for families to resort to litigation.

CFLG is online at www.collaborativefamilylawsandiego.com, and LinkedIn.

Desensitizing, Brutalizing, And Degrading: Is This the Effect of Divorce Court?

Divorce can be a dehumanizing experience, especially for children. Avoiding a court battle can help relieve some of the negative effects of divorce on the family.

by Mark Hill, Certified Financial Planner, Certified Divorce Financial Analyst
and Ryan Fentin-Thompson, Certified Divorce Financial Analyst
Pacific Divorce Management

Divorce can be a dehumanizing experience, especially for children. Avoiding a court battle can help relieve some of the negative effects of divorce on the family.

Divorce can be a dehumanizing experience, especially for children. Avoiding a court battle can help relieve some of the negative effects of divorce on the family.

Oftentimes, a couple going through divorce is portrayed as angry, revengeful and resentful towards one another. While these feelings may be present we have found that the more prevalent sentiment for both parties is a feeling of sadness and sorrow. Despite any current animosity that may be felt towards one another, no one enters into marriage expecting to divorce, so there will always be some sense of loss.

From the outsider’s perspective, one might assume the hostility between the couple stems from the decision to divorce; however, more often, it is the process of divorce which produces these feelings. The litigation system drives people from sad to furious, furious to enraged, enraged to resentful. Open court is usually the worst place to negotiate the end of an intimate relationship. Not only is this a public forum but also it tends to place the focus on winning and losing which usually does not benefit the whole family.

mark-hill-photo-02One example I saw in my own practice was in a highly contested divorce where both husband and wife wanted to keep the family home. Since they could not reach agreement, the judge ordered the house sold, which had the result of taking the children away from their friends and requiring them to change schools based upon their parents’ new residency.

Even the best judges seldom have time to do more than render strictly legal based decisions which lack the creativity which families always need when facing divorce. I was struck by a recent TV commercial related to our current presidential election using the tagline “Our children are watching,” and thought how it also relates to divorce. Offspring of divorcing couples always learn a lot about relationships from how their parents behave throughout the process. My experience is that choosing the adversarial approach seldom improves such behavior.

It can be dehumanizing for the professionals involved as well. Most people go into this field from a desire to help families work through what is usually an incredibly difficult life event. Too often, we find the system forcing decisions that we know will not fit the needs of our clients. It undermines what motivates us to do this work and can distance us from our own sense of humanity and compassion. We in the field have all experienced cases where outcomes fall well short of what our hopes and expectations were at the point at which we were retained. Recent research has suggested divorce professionals pay an ongoing price for this, described as “vicarious trauma.”

Alternative dispute resolution allows many of the shortcomings of a traditional divorce to be addressed. Professionals are required to look for creative solutions that benefit the entire family rather than trying to advance the cause of one side. The clients are engaged and required to take responsibility for the decisions that are reached. In the case of Collaborative Divorce they do so with the resources of legal, financial, and mental health professionals together with them at the table. We have found that this provides the best opportunity for outcomes that avoid much of the negativity usually associated with divorce.

 

 

 

Next Divorce Options Workshop Set for Saturday, June 4

Experts offer advice on making good choices for your family

(SAN DIEGO) – Figuring out a way to get divorced without hurting your children or destroying family relationships may seem impossible. The Collaborative Family Law Group of San Diego can explains how to make it happen through its “Divorce Options” workshops.

The next Divorce Options in San Diego takes place on Saturday, June 4 from 9 a.m. to 12 noon at the Scripps Ranch Civic Association Community Center, 11885 Cypress Canyon Road (corner of Scripps Poway Parkway and Cypress Canyon, two miles east of Interstate 15).

No matter what your personal situation, workshop leaders can help you navigate this difficult time in your life. No two divorces are alike, but this much is true: divorce is stressful even under the best of circumstances. It can be especially hard if you have children or economic difficulties.

The good news: It is possible despite challenges to preserve the emotional and financial resources of the family while respecting everyone’s needs during a divorce.

Workshops take place the first Saturday of every month.

For additional information or to RSVP, call Divorce Options at (858) 472-4022 or email at sandiegodivorceoptions@gmail.com

Led by volunteer attorneys, financial specialists, and mental health professionals who are members of the Collaborative Family Law Group of San Diego, the workshop will cover the full range of choices couples have as they contemplate divorce, focusing on the non-adversarial, out-of-court options.

Divorce Options provides unbiased information about self-representation, mediation, collaborative divorce, and litigated divorce. The workshop deals with the legal, financial, family and personal issues of divorce in an informational and compassionate small group setting. There is NO solicitation of business.

The Divorce Options program welcomes anyone thinking about divorce or other relationship transitions including co-habitating couples with children or LGBT couples looking for a process aware and respectful of their unique needs. Divorce Options offers useful information adaptable to a wide variety of family circumstances.

“We could not be more pleased by the response to our workshops,” said Dan Martin, family law attorney and Collaborative Family Law Group of San Diego member. “The Divorce Options program gives us an opportunity to help people become more knowledgeable about the resources they can draw on to plan an effective transition that respects the needs and interests of all family members. Taking time to become more knowledgeable can go a long way to ease the anxiety about your divorce, and allows you to take control of your future,” said Martin.

Topics include:

  • Litigation, mediation and collaboration – the risks and the benefits of each process
  • Legal, financial, psychological and social issues of divorce
  • How to talk about divorce with your children
  • Guidance from divorce experts

Get Answers at Divorce Options Workshop Saturday, May 7

Find answers to your difficult questions at this free workshop

(SAN DIEGO) – San Diegans who are struggling with the difficult choices of a divorce have found the place to get their answers: the Collaborative Family Law Group of San Diego Divorce Options workshops.

The next Divorce Options in San Diego takes place on Saturday, May 7, from 9 a.m. to 12 noon at the Scripps Ranch Civic Association Community Center, 11885 Cypress Canyon Road (corner of Scripps Poway Parkway and Cypress Canyon, two miles east of Interstate 15).

Workshops take place the first Saturday of every month. Seminar leaders help people in a diverse range of situations and are able to take any questions. Divorce is difficult and stressful even under the best of circumstances. It can be especially hard if you have children or economic difficulties. Divorce affects people from all walks of life, and no two situations are alike.It is possible despite challenges to preserve the emotional and financial resources of the family while respecting everyone’s needs during a divorce.

For additional information or to RSVP, call Divorce Options at (858) 472-4022 or email at sandiegodivorceoptions@gmail.com

Led by volunteer attorneys, financial specialists, and mental health professionals who are members of the Collaborative Family Law Group of San Diego, the workshop will cover the full range of choices couples have as they contemplate divorce, focusing on the non-adversarial, out-of-court options.

Divorce Options provides unbiased information about self-representation, mediation, collaborative divorce, and litigated divorce. The workshop deals with the legal, financial, family and personal issues of divorce in an informational and compassionate small group setting. There is NO solicitation of business.

Family with dogThe Divorce Options program welcomes anyone thinking about divorce or other relationship transitions including co-habitating couples with children or LGBT couples looking for a process aware and respectful of their unique needs. Divorce Options offers useful information adaptable to a wide variety of family circumstances.

“We could not be more pleased by the response to our workshops,” said Dan Martin, family law attorney and Collaborative Family Law Group of San Diego member. “The Divorce Options program gives us an opportunity to help people become more knowledgeable about the resources they can draw on to plan an effective transition that respects the needs and interests of all family members. Taking time to become more knowledgeable can go a long way to ease the anxiety about your divorce, and allows you to take control of your future,” said Martin.

Topics include:

  • Litigation, mediation and collaboration – the risks and the benefits of each process
  • Legal, financial, psychological and social issues of divorce
  • How to talk about divorce with your children
  • Guidance from divorce experts

Collaborating From Afar On Collaborative Divorce Cases

Long distance Collaborative Practice can work effectively with the right team and approach.

Long distance Collaborative Practice can work effectively with the right team and approach.

by Meredith G. Lewis, CLS-F, CDFA

In most Collaborative Divorce cases, the parties and professional team members reside and work in the same city, and are able to have in person meetings throughout the process. What if a situation arises when one of the parties, or even one of the chosen professional team members, lives in another city, state or country? Is a Collaborative Divorce case even possible under this scenario? Depending on the circumstances of the case, it is absolutely possible.

Based on the success of a recent Collaborative case, my colleagues and team members Shawn Weber, CLS-F, Anna Addleman, CPA, CDFA, and Robert A. Simon, Ph.D will offer tips in our upcoming presentation titled “Collaborating From Afar: Strategies For Overcoming Obstacles in Long Distance Collaborative Cases” at the Collaborative Practice California (CP Cal) “Celebration XI” conferencein Redwood City, California in late April.

(L to R) Anna Addleman, Shawn Weber, Robert Simon, and Meredith Lewis will discuss long distance Collaborative Cases at the upcoming Collaborative Practice California Celebration XI Conference.

(L to R) Anna Addleman, Shawn Weber, Robert Simon, and Meredith Lewis will discuss long distance Collaborative Cases at the upcoming Collaborative Practice California Celebration XI Conference.

With the availability of technology, if a party or team member is not local, he or she can still attend Collaborative Divorce meetings and be completely involved in the process. We had the wonderful opportunity to participate in a Collaborative case where one of the parties resides outside of the United States. Though the team and the parties have faced some challenges with the process, it has worked well, and has enabled the case to proceed using the Collaborative Process without requiring the spouse who lives in another country to travel to San Diego.

Our team has developed several requirements for assessing whether your long distance Collaborative Divorce case can be successful. Note, however, that these are based on our experience with only one case and, therefore, these criteria are evolving.

  • Use of Technology: The professional team and the party who resides outside of the area needs to be familiar with the necessary communication technology to be utilized. There are several programs such as GoToMeeting, WebEx or Citrix which allow a person to appear remotely at a meeting.
  • Ability to Cooperate: The parties have a reasonable level of mutual respect for one another or have the ability to communicate.
  • Professional Teamwork: The professional team must be cohesive and flexible.

There are also ethical dilemmas that should be addressed by the team the Collaborative Team should address:

  • Is there an advantage or disadvantage with one party appearing remotely?
  • Are there power imbalances that would make such a process ineffective?
  • Is it better to have the party participating remotely have a local mental health professional as a coach, or one who can attend the meeting in person?

Just as not all family law cases are appropriate for the Collaborative process, not all Collaborative Divorce cases are appropriate to be conducted remotely. Deciding the appropriateness requires a detailed review of the situation by the potential Collaborative Divorce team, and the willingness of the parties to understand and accept the benefits and drawbacks of the remote model. However, geography alone does not necessarily have to be a bar to a successful Collaborative Divorce case.

Concerned whether your long distance divorce can be resolved using the Collaborative Process model? Contact the Collaborative Family Law Group of San Diego at 858-472-4022 to discuss your questions and schedule a consultation. Or attend one of our free “Divorce Options” seminars the first Saturday of every month from 9 a.m. to 12 noon at the Scripps Ranch Civic Association Community Center. To reserve your space, email sandiegodivorceoptions@gmail.com

Learn Your Divorce Options at March 5 Workshop

Learn about your Divorce Options at a free workshop on March 4 at 10:30 a.m. in the Carmel Valley area of San Diego. RSVP at 858-472-2022.

Popular free seminar offers resources and answers to your questions

(SAN DIEGO) – San Diegans who are struggling with the difficult choices of a divorce have found the place to get their answers: the Collaborative Family Law Group of San Diego Divorce Options workshops.

The next Divorce Options in San Diego takes place on Saturday, March 5, from 9 a.m. to 12 noon at the Scripps Ranch Civic Association Community Center, 11885 Cypress Canyon Road (corner of Scripps Poway Parkway and Cypress Canyon, two miles east of Interstate 15).

This new 2016 series of free workshops the first Saturday of the month is helping people in a diverse range of situations. Divorce is difficult and stressful even under the best of circumstances. It can be especially hard if you have children or economic difficulties. Divorce affects people from all walks of life, and no two situations are alike.It is possible despite challenges to preserve the emotional and financial resources of the family while respecting everyone’s needs during a divorce.

Divorce Options workshops are scheduled the first Saturday of every month in 2016 at the Scripps Ranch Civic Association Community Center. For additional information or to RSVP, call Divorce Options at (858) 472-4022 or email at sandiegodivorceoptions@gmail.com

Led by volunteer attorneys, financial specialists, and mental health professionals who are members of the Collaborative Family Law Group of San Diego, the workshop will cover the full range of choices couples have as they contemplate divorce, focusing on the non-adversarial, out-of-court options.

There is such a thing as a successful divorce. A Divorce Coach can help you make it happen.

Learn your Divorce Options at a free workshop on March 6.

Divorce Options provides unbiased information about self-representation, mediation, collaborative divorce, and litigated divorce. The workshop deals with the legal, financial, family and personal issues of divorce in an informational and compassionate small group setting. There is NO solicitation of business.

The Divorce Options program welcomes anyone thinking about divorce or other relationship transitions including co-habitating couples with children or LGBT couples looking for a process aware and respectful of their unique needs. Divorce Options offers useful information adaptable to a wide variety of family circumstances.

“We could not be more pleased by the response to our workshops,” said Dan Martin, family law attorney and Collaborative Family Law Group of San Diego member. “The Divorce Options program gives us an opportunity to help people become more knowledgeable about the resources they can draw on to plan an effective transition that respects the needs and interests of all family members. Taking time to become more knowledgeable can go a long way to ease the anxiety about your divorce, and allows you to take control of your future,” said Martin.

Topics include:

  • Litigation, mediation and collaboration – the risks and the benefits of each process
  • Legal, financial, psychological and social issues of divorce
  • How to talk about divorce with your children
  • Guidance from divorce experts

By learning about divorce and the different process options available you can maximize your ability to make good decisions during the difficult and challenging time. Divorce Options is a workshop designed to help couples take the next step, no matter where they are in the process. It identifies strategies to help you stay out of court, and helps you identify the social, emotional, legal, and financial issues that are most pressing for you.

About the Collaborative Family Law Group of San Diego

CFLG San Diego’s members work together to learn, practice, and promote collaborative processes for problem solving and the peaceful resolution of family law issues, with an eye toward preserving the emotional, as well as the financial, assets of the family. Its goal is to transform the resolution of family law issues through respectful, collaborative processes that protect the integrity and health of family relationships and eliminate the need for families to resort to litigation.

CFLG is online at www.collaborativefamilylawsandiego.com, and LinkedIn.

 

Now in San Diego: Divorce Options Workshop Saturday, February 6

Learn about your Divorce Options at a free workshop on March 4 at 10:30 a.m. in the Carmel Valley area of San Diego. RSVP at 858-472-2022.

Lessen the stress of divorce by learning about your alternatives Divorce-Options-Square

(SAN DIEGO) – Divorce is difficult and stressful even under the best of circumstances. It can be especially hard if you have children or economic difficulties. Divorce affects people from all walks of life, and no two situations are alike.

It is possible despite challenges to preserve the emotional and financial resources of the family while respecting everyone’s needs during a divorce. Learn about your alternatives at a free “Divorce Options San Diego” workshop. The next Divorce Options in San Diego takes place on Saturday, February 6, from 9 a.m. to 12 noon at the Scripps Ranch Civic Association Community Center, 11885 Cypress Canyon Road (corner of Scripps Poway Parkway and Cypress Canyon, two miles east of Interstate 15).

Divorce Options workshops are scheduled the first Saturday of every month in 2016 at the Scripps Ranch Civic Association Community Center. For additional information or to RSVP, call Divorce Options at (858) 472-4022 or email at sandiegodivorceoptions@gmail.com

Divorce Options provides unbiased information about self-representation, mediation, collaborative divorce, and litigated divorce. The workshop deals with the legal, financial, family and personal issues of divorce in an informational and compassionate small group setting.

Led by volunteer attorneys, financial specialists, and mental health professionals who are members of the Collaborative Family Law Group of San Diego, the workshop will cover the full range of choices couples have as they contemplate divorce, focusing on the non-adversarial, out-of-court options.

Learn about your options for divorce at a workshop in San Diego on January 2.

Learn about your options for divorce at a workshop in San Diego on January 2.

“Couples considering divorce have decisions to make about the type of divorce process which best suits their circumstances,” said Dan Martin, family law attorney and Collaborative Family Law Group of San Diego member. “The Divorce Options program presents an opportunity for the public to learn about the resources they can draw on to plan an effective transition that respects the needs and interests of all family members. Taking time to become more knowledgeable can go a long way to ease the anxiety about your divorce, and allows you to take control of your future,” said Martin.

Martin said the Divorce Options program is useful to anyone thinking about divorce or other relationship transitions including co-habitating couples with children or LGBT couples looking for a process aware and respectful of their unique needs.

Topics include:

  • Litigation, mediation and collaboration – the risks and the benefits of each process
  • Legal, financial, psychological and social issues of divorce
  • How to talk about divorce with your children
  • Guidance from divorce experts

By learning about divorce and the different process options available you can maximize your ability to make good decisions during the difficult and challenging time. Divorce Options is a workshop designed to help couples take the next step, no matter where they are in the process. It identifies strategies to help you stay out of court, and helps you identify the social, emotional, legal, and financial issues that are most pressing for you. There is no solicitation of business.

About the Collaborative Family Law Group of San Diego

CFLG San Diego’s members work together to learn, practice, and promote collaborative processes for problem solving and the peaceful resolution of family law issues, with an eye toward preserving the emotional, as well as the financial, assets of the family. Its goal is to transform the resolution of family law issues through respectful, collaborative processes that protect the integrity and health of family relationships and eliminate the need for families to resort to litigation.

CFLG is online at www.collaborativefamilylawsandiego.com, and LinkedIn.

 

Top Four Reasons Why You Should Hire a Divorce Financial Specialist

by Shawn Weber, CLS-F
Attorney, Weber Dispute Resolution

There are so many financial implications to divorce, it is best to work with a financial professional on your side.

There are so many financial implications to divorce, it is best to work with a financial professional on your side.

In my years as a Collaborative Divorce practitioner, folks have asked me why they should spend the money to hire a Financial Specialist as part of their divorce team. A financial specialist is an excellent resource, who can bring a neutral financial perspective to a legal process. Here are my top four reasons why it makes TONS of sense to hire a financial specialist as part of your divorce team:

  1. It’s Usually Not a Good Idea to Ask a Lawyer for Financial Advice. Most went to law school instead of getting an MBA for a very good reason. I, for one, went to law school so I could avoid math. (Ironically, I do math all the time anyway). I know there are exceptions, but we attorneys are generally not trained to be financial advisors. Yet many of our clients ask us to play that role.
  2. You Don’t Know What You Don’t Know. There are so many financial implications to the decisions you are about to make regarding your property, cash flow and debt. Why not get with a professional who knows the questions you may not know to ask. As an attorney, I am grateful when a financial specialist points out a tax pitfall that I may not have known about.
  3. Your Spouse May Trust the Neutral Financial Specialist More Than You. Let’s face it. You’re getting a divorce and often trust can be an issue when a divorce is happening. Don’t worry! You don’t need to have trust. Let the Financial Specialist digest all of the financial data into a digestible format. This gives your spouse less reason to be distrustful because a neutral third party helped assemble the information. Increasing the trust factor saves money by preventing the need for costly forensics.
  4. You Have to Do a Financial Disclosure Anyway. Why Not Let the Financial Neutral Do This? In every California divorce, a full and complete financial disclosure is required. You can pay your attorney at his exorbitant rate to put the disclosures together, or you can have a financial professional take care of this part. You’ll spend less money and get better work.

The temptation is to assume that hiring more professionals costs more. But, often the opposite is true. Just like any mechanic will tell you, use the correct tool for the correct job. The Financial Specialist is the best tool to use when considering the financial aspects of your divorce.