Manage Your Expectations
Let the Numbers Do the Talking
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"Nearly all men can stand adversity, but if you want to test a man's character, give him power."
- Abraham Lincoln
Isn’t this what divorce comes down to? A power struggle over who will win, get things, come out better than the other, keep the kids or the dogs! In the end, do you really win? This guide is not intended as a promotion of divorce, but addresses the fact that divorce is sometimes inevitable.
So where do you begin?
If your intention is to save money, make the most of the assets you have and separate as amicably as possible, we suggest The Collaborative Law Divorce Process. This process begins by having the singular goal of creating a complete and thorough agreement that specifically addresses the needs of each party given his/her financial situation. This approach is in direct contrast to the traditional adversarial methods used in the divorce process whereby each party is represented by his/her attorney and the purpose is to get as much as you can from the process or to give as little as you can. There is a tremendous amount of wasted efforts on emotional expectations and duplication of costs to produce financial information to ensure full disclosure. The Collaborative Law Divorce Process bridges this gap by providing an interest-based negotiation model for resolving disputes. This process provides each party with legal representation and makes use of a financial neutral, a Certified Divorce Financial Analyst (CDFA) and or Certified Public Accountant (CPA), to prepare scenarios for consideration to make the most equitable distribution in the best interests of EACH party and their family members.
Part I of this book provides information to help you understand your situation and determine what will be the most manageable and cost-effective approach for your individual situation.
Part II provides information on the areas that are typically addressed in a divorce agreement along with personal priorities, items to consider, examples from executed agreements and room to take notes as you consider each area. This section is broken down into four areas: agreements related to children, agreements related to marital assets, agreements related to spousal support and other pertinent agreements that may be applicable.
Part III encourages you to embrace your future and provides direction and resources that will help you move on with Dignity and Grace.
The best advice as we can offer is to engage and/or consult with a Collaborative Law Attorney and allow a CDFA/CPA to review your financial situation. No matter how simplistic you may feel your situation is, all agreements should be reviewed with an attorney to ensure there are no gray areas or interpretations that could cause further chaos or discord.
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About the Book
While no one expects to get divorced. It is sometimes inevitable...
This book encourages you to Manage your Expectations by focusing on the facts of your unique and personal familial situation. The best way to accomplish this is through The Collaborative Law Divorce Process.
There are inherent benefits to all................you, your spouse, your children, your friends, your extended family and your employer.
This process focuses on the interests and the financial position of Each Party to create options to make sound decisions. The collaborative law attorneys and financial professionals are trained to focus on creating compromise rather than adversity. This book provides valuable information, items to consider and sample legal clauses to educate and encourage you as you prepare your own divorce agreement.
Save yourself time, money and unnecessary stress!
Let the numbers do the talking!
If you are still uncertain of how you should proceed, ask yourself this question: When I look back at this time in my life, will I be proud how I handled myself, gathered information and sought quality experts and professionals to assist me through the divorce process? It is your life; make the most of it!
About the Author
As an individual who has been through a divorce and helped numerous clients understand their financial situation and options, Jacqueline Eddy is an advocate of the Collaborative Law Divorce Process. She is inspired by this new approach to settling divorces more amicably for the entire family. Throughout her career, she has worked with Ernst and Young and PricewaterhouseCoopers, served as a board member of a charitable organization, school organizations and chaired committees through her local schools and township. She has served as a Faith Formation teacher and Living your Strengths facilitator for many years. All of these experiences have given Jacqueline the strength, compassion and analytical acumen to help others evaluate and manage their expectations. She lives in Charlotte, North Carolina and enjoys tennis, boating, hiking, traveling and spending time with family at the lake.