We will help you build a complete data gathering process, creative strategies for settlement and ultimately sound financial decisions so there are no unexpected consequences and the most favorable financial outcome is achieved.
If you are considering divorce, currently navigating through negotiations or recently completed a settlment you probably have a lot of questions, most of which boil down to, “Am I going to be OKAY?” Reality is that everyone’s definition of okay is different and everyone’s idea of fair in financial settlements is different. Building a Competent and Trust-Worthy team of advisers that can help you determine what OKAY and FAIR really mean to you and your family is crucial in this emotional time of your life. There are really three parts to every divorce. The Legal, the Emotional and the Financial. You need an attorney to provide legal advice. You need a Mental Health Professional to help you navigate your emotions. You need Wellspring Divorce Advisors to provide financial advice, guidance and creative solutions so you can avoid the common financial mistakes made in divorce and transition successfully into your new financial reality with a game plan for financial independence.
In an article from HuffPost, they offer great tips on how to choose a “Mediation Friendly” lawyer. But here are more tips on how to effectively find the right team to help you with your divorce.
The consulting attorney you hire will be the only source of advice regarding your rights and obligations under the law. You need this advice so do not choose the least expensive person you can find. They may even be asked to draft legal documents such as Marital Settlement Agreement or Qualified Domestic Relations Order. Remember, No matter what method you choose to divorce, it is a legal process and legal advice is necessary.
Divorce is the largest financial transaction that many people will experience and you will live with the results of your decisions for the rest of your life. Make sure they are made with all of the financial information at your fingertips and expert advice from someone experienced in the financial intricacies of divorce. Google Divorce Financial Planning and look for a professional with Certified Financial Planner and Certified Divorce Financial Analyst credentials.
A financial planner experienced in divorce financial planning will help you gather the necessary data, level the playing field in financial knowledge when one party has not been involved in the family management and even help you brainstorm settlement options to take back to mediation.
Wellspring Divorce Advisors helps individuals and couples address the financial aspects of divorce in a civilized, equitable, and efficient manner by providing expert divorce financial planning and advice.
Contact us to find out how we can help you through this process.
No-fault divorce refers to a divorce in which the granting of a dissolution of marriage does not require a showing of wrong-doing of either party. It is therefore not necessary for one party to produce evidence that the other has committed a breach of the marital contract. In other words. You do not have to prove that your spouse cheated or misrepresented themselves in order to seek a divorce.
“No-fault” divorce in the United States originated in the state of California effective January 1, 1970, in a bill signed by then governor, Ronald Reagan. In August of 2010, New York governor, David Paterson, signed “no-fault” divorce into law, and since October 15th, 2010 no-fault divorce has been legal in all 50 U.S. states.
Prior to no-fault rules, a divorce could only be obtained through the showing of fault of one of the parties. Unfortunately it wasn’t just about proving the other party didn’t love you anymore. Instead you had to prove one party had breached the marital contract through adultery, abandonment, felony or other culpable acts. In circumstances where there was no party at fault and the couple simply wanted to dissolve their marriage a couple might arrange for what New York practitioners called “collusive adultery”. A pre-arranged time would be set by mutual agreement for Wife to return home to find Husband with a mistress. This finding would offer the evidence of adultery necessary to obtain a divorce.
These types of arrangements were common along with black mail through unsubstantiated accusations of fraud, cruelty and criminal behavior. I am told by attorneys in New York and Connecticut that black mail and other legal fictions were common for divorces in New York state until the 2010 adoption of no-fault laws.
The opposing party would often not contest pleadings or do so only sparingly as a token for the courts. Ultimately judges and some lawyers began to recognize the affect these legal fictions could wind up having on the judicial system considering the dissolution proceedings were started with lying under oath.
The term no-fault may eventually fall out of the vernacular of the American people as no-fault laws have now been adopted by all states in the union. I was asked to explain what it meant recently and imagine it will take time with television representations like the 1960’s divorce played out in the AMC series Mad Men. The DVD for Mad Men Season 4 contains “Divorce: Circa 1960s” – A three-part documentary about divorce during a time when the traditional family was the core of American society. I have not seen it yet but friend and colleague, Constance Ahrons, has had good things to say.
These “celebrity” Divorce Lawyers aren’t the only ones billing out at $600 + per hour. Keep in mind that price is only an issue in the absence of value. I do not have personal experience with any of these attorneys but imagine they bill out at such a high rate because they deserve to do so based on experience, knowledge and skill. I would pay to spend a day in court with each of them to watch how they operate.
Read the Article at HuffingtonPost
