Who Does Financial Mediation Help?
Divorce is a life-changing event that brings many concerns and requires careful consideration. Because its financial implications can have lifelong effects, more and more Americans are beginning to realize the importance of bringing in a financial mediator to help them understand and navigate the financial ramifications of divorce. By analyzing current and projected future expenditures and planning carefully, clients and their attorneys, with the assistance of a CDFA® are better equipped to reach a property settlement that is fair for all parties. While a lawyer can help clients navigate the legal aspects of divorce, they do not necessarily have the knowledge or expertise to navigate all of the financial aspects and implications of a divorce. Ms. Morris is retained by lawyers to provide the financials, assist as an expert witness, and attend pre-mediation conferences and scheduled mediations where she has been instrumental in helping to reach resolution on behalf of the parties and their lawyers. We can provide you with referrals to lawyers in your area. Remember, a trained CDFA® provides financial solutions and the navigation of the financial elements of divorce.
Veralynn Morris, the certified divorce financial analyst (CDFA®) at Divorce Financial Solutions, has been helping clients navigate their financial futures for more than 30 years. With her extensive experience, plays a priceless role when it comes time to negotiate at the settlement table. She serves clients in the following jurisdictions: Frederick, Washington, Allegany, Garrett, Howard, Carroll, Montgomery, Prince Georges, Anne Arundel, St. Mary’s, Baltimore and Harford Counties.
Veralynn takes a personal interest in every case and continues to work with clients long after the divorce has been finalized to work closely with her client to plan for a bright financial future.
A financial advisor can help anyone navigating the financial aspects of a divorce. In fact, according to a survey conducted by the Institute for Divorce Financial Professionals, 89% of CDFAs® surveyed responded that their clients had contacted them before hiring a divorce lawyer. An experienced CDFA® impartially analyzes financial data, including uncovering financial assets using forensics. In addition, your CDFA® can assist you with long-term financial solutions to help you plan your financial solvency well into the future.
In addition to offering impartial analysis of data, financial mediators are also trained to help couples amicably navigate collaborative divorces so that many of the headaches associated with divorce can often be avoided. While divorce is an unarguably heated and emotional time, the assistance of a financial mediator can help separated couples reach agreements more quickly and with fewer headaches than if the process went through lawyers alone. Your CDFA® will become an important part of your advocacy team and they will assist an attorney in reaching the best settlement for you. The services of a CDFA® are not intended to replace the legal services provided by a divorce lawyer. If you are in need of referrals to lawyers, we can provide them to you. Remember, a trained CDFA® provides financial solutions and the navigation of the financial elements of divorce.