The Mediated Divorce:

Unlike traditional divorce proceeding where a divorce attorney is hired by each party and advises then on specific aspects of the law and argues on their behalf during settlement negotiations and in court. A divorce mediator works with with both parties to the divorce and does not take sides. The idea is to negotiate an agreeable settlement out of court to reduce the usual conflict and arguing back and forth. Mediation is can save time, money and be less stressful. A divorce financial analyst can help in the mediation compacity in arriving at an agreeable asset division and support settlement for. A CDFA® Professional can also help with budgeting and financial planning for a post divorce  life. Mediation requires mutual respect and full disclosure of assets, debts and income. It is okay to meet separately and consult with your own attorneys.  

Tony Owings is NOT AN ATTORNEY AND DOES NOT PROVIDE LEGAL ADVICE. All information he provides is financial in nature and should not be construed or relied upon as legal or tax advice. Individuals seeking legal or tax advice should solicit the counsel of competent legal or tax professionals knowledgeable about the divorce laws in their own geographical areas. Divorce planning is a fee-only process that does not involve investment advice or securities or insurance transactions. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP®(with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.

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