If you and your spouse are fabulously wealthy, you should probably both be hiring your own team of lawyers to make sure you are each getting your fair share of assets in the divorce.
For most people, this is not the reality. Research shows that most households could not replace two months of lost income with savings, so most divorcing couples need to keep their divorce expenses to a minimum if they are going to split any assets at all.
Here are some options besides your own lawyer where you can get financial advice for a divorce settlement.
A financial advisor
An independent financial advisor may be the best option. First off, a financial advisor can help you better understand your family’s existing finances. If you fail to properly measure your joint assets, it is difficult to make sure you are getting a fair share. All assets are not equal, either.
A financial advisor can help you prevent being stuck with only illiquid assets like a house and retirement accounts that cannot be readily used for living expenses.
Many therapists are going to carefully avoid giving you financial or legal advice. Some therapists, however, will get directly involved in negotiating divorce settlements.
These therapists can help pinpoint conflict issues and resolve them, help promote collaborative decisions, or even push for terms the therapist feels are necessary.
Others can simply help you explore your feelings to see if you are truly satisfied with the proposed settlement.
Most faiths discourage or event disavow divorce. That said, one of the most important functions of the community that comes along with a religious organization is support through life’s downtimes.
Some Churches can be judgmental about divorce, but most will help a divorcing spouse work through the process.
They can connect you to another member of the Church, sometimes a professional, that can give you some advice on your divorce settlement.
Virtually every divorce is approved by a judge, and most of the time this is done in open court. It is certainly true that judges are busy people and their dockets are crammed full of divorce cases.
So most divorcing couples will have, at best, a few minutes with a judge.
That said, the judge typically takes very seriously his or her obligation to make sure the divorce settlement is fair and may be willing to give some advice.