The Role of the Financial Neutral in the Collaborative Process
Working with a financial neutral throughout the collaborative divorce process can help divorcing couples make the right financial decisions. By: Gina Gallo, CFP®, CDFA™ Working as a Collaborative Team member, the financial neutral’s objective is to provide financial assistance as requested with the goal of assisting the clients in achieving what they perceive as their best possible outcome under the circumstances. In fact, that is one of the questions I ask at a first meeting: “Tell me what would be the ideal financial outcome for you in this divorce?” Based on the answer, the n...
25 Questions to Ask Before Hiring a Divorce Financial Advisor
If you’ve never hired a divorce financial advisor, you need to ask the right questions to make sure you find the right one for your unique circumstances. Ask your prospective divorce financial advisor as many of the following questions that apply to your unique situation: How much of your practice is dedicated to divorce? You want someone who spends at least half their time working on divorce financial issues – not someone who “dabbles” in the area. How many divorce cases have your worked on? And what was the outcome? How long have you been practicing – in the divorce aren...