Financial Planners Can Help Craft Better Divorce Settlements 

Increasingly, financial planners have become an important part of the negotiating team in out-of-court divorce settlements. Collaborative Practice Toronto suggests advisors can help clients by: identifying, clarifying, and prioritizing financial needs and concerns (needs during or after the legal process); determining adequate budget and financial arrangements for the children’s changing needs; and contrasting and comparing different settlement scenarios, and empowering spouses to make fully informed financial decisions.

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