As Chartered Financial Planners we work closely with a number of local professionals involved in family law, particularly divorce. As a member of the team with Collaborative Lawyers and Family Change consultants, our financial planning expertise is employed constructively, particularly in the area of modelling future financial scenarios. Using specialist software, we make complicated financial planning calculations and modelling what the clients\u2019 financial future could be look easy and presentable in a clear visual (not figures) format.<\/p>\n
As part of the Divorce process, and before any discussion surrounding eventual financial settlements can take place, in-depth information on the current financial situation of each client is required. Not to mention current and future income and expenditure requirements. This is exactly the data we need and so negates the need for further information gathering or delay. Armed with this, we can model any number of financial scenarios that are to be considered and show both parties the effect the division of the family assets\/pensions\/income will have on their future financial lives.<\/p>\n