Sentences with phrase «because financial neutrals»

Similarly, because financial neutrals are always precluded from serving as investment advisors to the parties with whom they work in collaborative divorce cases, they also serve as a bridge to the parties» post-divorce investment advisors, helping the advisors understand what assets the parties will be receiving and then also going back to the collaborative divorce team to suggest ways to make the parties» post-divorce financial transitions go as smoothly as possible.

Not exact matches

As remarked above, considerations regarding the financial impact upon the respective parties of making (or not making) an order for interim relief are ultimately neutral because they cut both ways.

They are better off because a neutral financial professional (an accountant or financial planner) is retained to show the spouses the most cost - effective manner to split assets and debts and invest their resources.

Using a financial professional is more cost - effective because you have one neutral professional charging for mandatory disclosure rather than two separately - billing attorneys.

Because the decision to divorce is often preceded by a breakdown in trust between partners, it is often cost effective in the long run to pay a neutral financial specialist to fully explain the family's finances to the less savvy partner, in front of the more savvy partner.

That's because in Collaborative Divorce, both spouses often hire the same neutral third - party professionals (such as financial advisors, child specialists, etc.) who will help address issues.

However, divorce cases resolved through the collaborative process sometimes (though not always) cost less than traditional litigated cases, because the parties and their lawyers do not hire their own sets of financial or mental - health experts: often, one neutral financial advisor takes part, for example.