Divorces are an emotion driven, and stressful time for someone to experience. Now mix that with the question of money – things become complicated quickly. But does it have to be? No! That is what we are here for.
We at RMAB Financial Divorce Specialist are committed to providing projections of the choices you will come across while going through the stages of divorce. We will weigh with you the pros and cons of your finances, while taking into account details such as assets, liabilities, support requirements, property division, pension distribution, etc.
We can be retained directly by one or both clients and/or one or both lawyers or mediator. When? Any time during the process of separation and divorce.
We provide you with a Letter of Engagement which lists the scope of our services, and the costs. We don’t like surprises and we do not expect you do either. When you decide to hire us, we request a retainer (secured, and based on an estimate amount of time needed for the case – I.e. analysis, projections, etc. needed for various settlement options).
Assisting legal licensees / mediators to design a settlement proposal that will maximize clients’ satisfaction while using the available financial options, and tools.
Providing financial analysis of a couples assets, liabilities, incomes, child and spousal support payments taking into consideration inflation and changing tax consequences to ensure the most accurate calculations.
Provide details in respect to pension plans, and other investment/ insurance options including ongoing protection.
Show options for financial scenarios with future projections for the clients best interest.
Discussing with the clients regarding the tax and financial consequences of retaining or giving up certain assets.
Counsel clients on budget management during a difficult period of transitioning while navigating their divorce.