We’re here to help you be at the top of your game,
at the toughest point in your life.
Divorce is an unfortunate reality for a large number of individuals. When divorce happens, often emotions are at their rawest point.
Yet, this is a time when the financial decisions that you make will affect the way you live the rest of your life. And, what is even more important to know is that an equal financial settlement is not always fair. What’s missing in most divorce processes is financial expertise that can forecast the long-term effects of the financial settlement.
A Financial Divorce Specialist is a financial professional who has been trained in the specific financial and tax issues of divorce. With this training and with divorce planning software that projects beyond the first few years after a divorce, you will receive a just appraisal of your proposed settlement that will tell you what this settlement means to you down the road. This process can be one of the first positive steps for the rest of your life.
Who do we work for?
We work both with individuals and with couples and when we work for a couple our role is as a financial neutral.
We work with the client to help them gain a complete understanding of their unique financial situation. The goal is to help individuals or separating couples transition from financial novice to someone who has realistic picture of where they are. From there we look for the preferred outcome. By combing the financial confidence with a view towards the preferred outcome our clients are in a better situation to communicate with their attorney and their soon to be ex-spouse.
Is a 50-50 split appropriate for your situation? We can work with you and help you understand what the consequences and benefits are of the settlement you are being offered. People can agree to unfavorable terms that will have a HUGE financial impact on them for years to come. We come to these conclusions through experienced analysis and intricate computer projections.
- Cash Flow Projections
- Net Worth Projections
- Budget Analysis
- Division Scenarios on an After-Tax Basis
We provide support and straight talk through the following ways…
Is your situation a good fit for the Collaborative Divorce process?
· If your goal is to provide a healthy co-parenting environment that meets the children’s needs rather than having children caught in the middle;
· If you want to retain decision-making control rather than having strangers decide your future;
· If you want to improve the odds for long-term cooperation; and
· If you would like to accomplish a civil and respectful life
The planner’s role is to help those involved arrive at a fair settlement.
The salient benefit of Collaborative Divorce is separation with dignity. You leave emotionally with fewer scares and if cooperation is at the forefront this type of divorce can be less expensive.
Charles K. (King) Perkins is the President of The Collaborative Law Institute of Illinois. Before becoming the President, he served as President-Elect for one year and Treasurer on the board of members for two years.
When Collaborative Divorce is not an option, we can assist one or both parties in a litigated process. Through a litigated case, you can engage a financial divorce planner to:
· Help you create or define a realistic budget;
· Help you collect and understand your financial data;
· Review various settlement options as well as future implications;
· Help you define and design the settlement option you prefer; and
· Assist you with one financial issue, problem or objective.
We can help add financial clarification to the mediation process.
Relationship – Based Planning
One thing that sets us apart is the way we view the relationship that exists between Advisor and Client. We place a premium on creating an environment in which Advisor and Client work together at every step in the process. Our motive from beginning to end is to look out for our Client’s best interests. As the Client – Advisor relationship progresses, this synergetic process results in a carefully crafted plan that is unique to you, your life and your financial goals.