Tag Archive for: financial planner

Simplifying Divorce for High Net Worth Individuals: Working With Your CPA or Financial Advisor

The Challenge of Divorce for High Net Worth Individuals

Navigating a divorce is never easy, and for high net worth individuals, the process can feel even more overwhelming. Between managing the complexities of Florida Family Law Rule of Procedure 12.285—commonly known as mandatory disclosure—and safeguarding your financial future, it’s natural to want to simplify the experience and delegate much of the work. That’s where a skilled family law attorney can be invaluable. By working closely with your CPA or financial advisor, we can streamline the disclosure process and minimize the demands on your time and energy.

Understanding Mandatory Disclosure

Mandatory disclosure requires each party in a divorce to provide detailed financial documentation. For high net worth individuals, this often includes extensive information about investments, business interests, real estate holdings, and more. The sheer volume of documentation can be daunting, but it doesn’t have to be. If you already have a trusted CPA or financial advisor, they are likely familiar with much of your financial landscape. Our team can work directly with them to gather and organize the required information, so you don’t have to get bogged down in the details.

Read more

Video: Financial Planner Recommends Collaborative Divorce

Resolving Disputes Respectfully

Collaborative Practice

For quite some time, attorneys and mental health professionals have been striving to let the public know that there is a better way to dissolve a marriage:  collaborative divorce.  Parents do not need to put their children through the horrors of a courtroom custody battle.  They can enter into the collaborative process and make decisions in a non-adversarial, private environment where they have the support they need.

Now financial planners are also extolling the benefits of the collaborative process.  In the short video below, Justin Reckers, a Certified Financial Planner and CEO of Wellspring Divorce Advisors discusses the collaborative divorce process.

Read more