When people are contemplating divorce and finances, the typical assumption is that expenses will double and assets will get cut in half. With the team approach in Collaborative Practice, we can often craft a win-win financially by tapping the expertise of our financial team members so that a divorcing couple can come out much better off than with traditional litigation. Our financial experts can dive into the couple’s financial details, look at tax considerations, implications of dividing certain assets and providing an income stream among other financial issues that can address each person’s needs and the needs of the family; something that might not be possible in litigation. Yes there will be a financial strain in a divorce. However, with the use of financial experts and the opportunity to consider what each person really wants, we have the chance to craft an agreement that will be a win-win for each person.
Deirdre Healy is a licensed attorney and a trained mediator and collaborative practitioner. Call today for an appointment: 508.890.7900.