ALERT: As a result of the current situation regarding Covid-19 (coronavirus), Family Law Group offers consultations via telephone or video chat (such as Skype or Facetime).

Financial expert may prove helpful during divorce process

| Mar 12, 2020 | Divorce |

One of the most complicated aspects of a marital breakup is sorting out the finances. This is especially true for couples with high-value assets or large numbers of assets to divide during the divorce process. However, enlisting the help of a financial expert may help with making this process easier in the Bay Area.

A financial planner or advisor may help with decreasing divorce expenses, saving time and reducing anxiety during the divorce process. This is possible in that these experts are adept at helping divorcing parties to investigate their monetary issues. For instance, they can help financial modeling as well as budgeting following the divorce. In addition, they can offer expertise in the area of retirement and tax planning.

One area that a financial analyst who is experienced in working with divorcing couples can especially help with is property distribution. For instance, the analyst may advise a divorcing individual to give up the family home in exchange for other assets. In addition, the financial expert may assist in dividing the family business as well as shared debt.

A divorce attorney in the Bay Area can additionally offer guidance when it comes to the above-mentioned financial manners, along with such issues as alimony and the division of pensions. In addition, an attorney can help his or her client to make expedient decisions pertaining to child custody and visitation. The ultimate goal of the attorney is to help the client to achieve a comprehensive and fair result with the other party while keeping the client’s best interests at the center of the divorce proceeding.