Is it Really Possible to Money in Divorce?

Often, the answer is absolutely “Yes!” If you and your spouse are willing to communicate and jointly resolve your issues on your own, or with a mediator, you certainly can save on the expenses for costly attorneys  and other experts. I think that decisions about a couple’s divorce are best left to that couple if they are willing to work together. One of my clients was marveling at how relatively inexpensive her divorce was. Both parties wanted to resolve things amicably and without a lot of drama, no fighting, etc. By taking a less traditional approach to the property settlement, we were able to achieve both parties’ financial goals for the divorce, and actually made the overall financial pie a bit bigger. We used some creative solutions to tailor the settlement agreement to their situation. I worked up a few different scenarios for their consideration and discussed the pros and cons of each, but they were the ones who decided exactly what worked best for them. I have been told that agreements created by the parties themselves are most often adhered to and both parties are most often satisfied with such agreements.

About wendy

Wendy W. Spencer, CFP, CDFA is a Certified Financial Planner, a Certified Divorce Financial Analyst, and a family law mediator who helps divorcing individuals, couples, and families to review and obtain more sensible settlement options. Ms. Spencer also helps these families to resolve their differences through mediation and/or participation in the collaborative divorce process. For the convenience of clients throughout the Denver metro area, Ms. Spencer has two offices – one in Arvada and one in Southeast Denver.

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