The Value of a Financial Neutral in Divorce~ 2 min read

Divorce can be tough, especially when it comes to sorting out money matters. That’s where a neutral financial professional comes in. They’re like a trusted guide, helping both sides understand everything about their finances. Let’s talk about why having a financial neutral can make a significant difference in making sure everything’s fair and clear during a divorce.

Transparency is Key

When there is a financial neutral in the mix, there is no hiding assets or confusion about financial matters. The financial professional will facilitate open discussions, ensuring that you and your spouse understand the full scope of your financial situation. From properties to investments to debts, everything is laid out on the table for clear, transparent decision-making.

Expertise Beyond Attorneys

While lawyers provide legal expertise, a financial neutral brings specialized knowledge of financial matters to the table. Whether it’s evaluating assets, explaining tax implications, or projecting future financial needs, their expertise goes beyond what attorneys can offer. With their guidance, you can make informed decisions that set you up for financial success post-divorce.   

Neutrality

One of the most significant benefits of a financial neutral is their neutrality. Unlike individual financial experts hired by each party, the financial neutral remains unbiased, working towards a resolution that benefits both sides. Their impartiality fosters trust and fairness throughout the process.

Cost-Efficiency

Divorce can be costly, but with a financial neutral, you are streamlining the process and potentially saving money. Instead of hiring multiple financial experts, you have one expert guiding both parties towards a resolution. Their rates are often more affordable compared to attorneys, making them a cost-effective option for navigating complex financial matters.

Comprehensive Support

Beyond just dividing assets, the financial neutral can assist in planning for the future. They help estimate living expenses, understand tax obligations, and ensure that you are both financially prepared for life after divorce. With that comprehensive support, you can face the future with confidence and clarity.

The financial neutral plays an important role in divorce proceedings, providing clarity, expertise, and impartiality when it’s needed most. So, if you’re navigating the complexities of divorce, consider having the support of a financial neutral. With their guidance, you can navigate the financial aspects of divorce with confidence and peace of mind.

Contact Family Ally

If you have questions or need legal assistance regarding divorce or any other family law matter, please contact Jennifer Piper at 314-449-9800 to schedule a consultation. Family Ally is located at 130 S. Bemiston Ave., Suite 608, St. Louis, MO 63105.