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Collaborative Divorce – Why It’s Better

Collaborative Divorce is an approach where the divorcing spouses each have legal representation by attorneys, however those attorneys commit to work toward settlement. They work with other mental health and financial professionals to create a team to help the couple reach a settlement and move forward. This reduces extended and expensive litigation, and provides solutions that make sense. This approach was started about 30 years ago as a better alternative to straightforward mediation. Each spouse has an attorney protecting their best interests but also working towards settlement, as as opposed to a mediator who must remain neutral and may not be legally trained. Collaborative practice groups are now more common. The International Academy of Collaborative Professionals trains members and manages professional and ethical standards of work. It’s not true that you must “battle it out” in court. The Collaborative approach helps to protect the mental health of each party and […]

Why Choose a Certified Financial Planner CFP®

It’s important to know what training, certifications, and knowledge the financial professional you choose has acquired. Anyone can use the title “financial planner.” But to become a CFP® (Certified Financial Planner) an advisor must meet rigorous qualifications for financial planning, created and managed by the CFP® Board. The Board benefits the public by independently certifying financial planners and only those that have fulfilled CFP Board’s rigorous requirements can call themselves a CFP® professional.To become certified, CFP® professionals must commit to high ethical standards, and act in the best interests of their client. Which means they should not propose any solution for the sole purpose of benefiting themselves with a commission. They must also acquire several years of experience related to delivering financial planning services to clients. They must also pass the comprehensive CFP® Certification Exam before they can call themselves a CFP® professional. Hiring a CFP® certified professional to help […]