Collaborative Family Lawyer

"We are still friends but no longer love each other. We have four children and a business. We want to ensure that neither our children nor our business suffers from our divorce and the Collaborative route was the right choice for us to take."

Mr J

What can a financial neutral do for you?

26th April 2017

A collaborative approach to your divorce allows you to deal with matters in a considerate and cooperative manner, rather than in a litigious one, and this extends to all matters financial.

A financial neutral can be a key member of the professional team you employ, with one of the key roles being to empower you to make wise and workable decisions about your money and wealth, with early involvement in the process, typically helping matters run more smoothly.

What can a financial neutral do for you?

This list is not exhaustive but covers some of the common areas of support.

·         Help facilitate discussions in a safe environment where each of you can raise your concerns about money matters.

·         Assist you and your lawyers by carrying out a comprehensive assessment of your financial affairs including all that is owned and owed, helping you understand what it all means and what you can and cannot do.

·         Cut through the complexities of your pensions and investments to aid your decision making and save you time.

·         Test drive a variety of settlement options for you, helping you to visualise what it will all mean post divorce, giving confidence and reassurance as to what your financial future may look like.

·         Helping to create a level playing field if one party is lacking understanding of their financial affairs and options.

·         Implement for you what is agreed to ensure a smooth and efficient conclusion and if needed support you post divorce with an ongoing planning service.

It can be perceived at outset an additional and potentially unnecessary expense, to employ a further professional in the process, but experience does indicate the opposite is true, with time saved, complex situations simplified, a better understanding achieved and outcomes clearer being some common benefits being attained.

At the beginning of your collaborative meetings your lawyer will talk to you about the team based approach and the inclusion of other professionals like a financial neutral.

 

< Back to the main news page

Rss Feed

Resolution welcomes move towards ending divorce ‘blame game'

Tue, 09 Apr 2019
Resolution, the national family justice body, has today welcomed the government’s announcement of...

National Conference 2019: National Chair Margaret Heathcote's speech

Fri, 05 Apr 2019
Speech by Margaret Heathcote, Resolution National Chair Resolution National Conference Friday 5 A...

Don't let Brexit hold up divorce reform, says family justice body

Fri, 05 Apr 2019
The head of the leading family justice body in England and Wales has urged government to prioriti...

Resolution welcomes government commitment on no fault divorce

Fri, 08 Feb 2019
The justice secretary, David Gauke, has today committed the government to reforming divorce law t...

Resolution responds to Legal Aid review

Thu, 07 Feb 2019
Legal Aid review a welcome first step, but more must be done to reverse damage of cutsLegal Aid r...