Terri McDougall

In this increasingly complex world, a financial professional makes sense to assist in the divorce process. Ending a relationship involves a lot of big decisions, and many of those decisions are financial in nature. Agreeing on how to divide your shared assets and debts can be a major source of worry, confusion, and conflict—and this goes for all couples, whether married or common-law.

A Chartered Financial Divorce Specialist has a unique set of skills, providing a detailed and focused approach to addressing needs in a separation. Trained specifically in the financial fundamentals of divorce, a financial divorce consultant provides unbiased information and assistance and helps you reach a fiscally responsible settlement. In the collaborative process, couples jointly retain me to act as a neutral party, collecting their financial disclosure, completing their financial statements, and informing and educating so you can make informed decisions that are right for your family. This allows parties to split the cost and simplifies the process by eliminating duplication of legal financial statements and disclosure collection, saving you time and money.

To make the smartest decisions for your family’s future, you need to know where you stand now and what your options are. A Financial Specialist will help you:

o    Gain an accurate picture of your current financial situation

o    Help you choose the best financial options for your future

o    Help you plan a fair and equitable distribution of your assets for the long-term security of your whole family

My goal is to assist couples in getting through a difficult and emotional time, efficiently and productively, while bringing some sensibility and perspective to the process. I help clients navigate through the financial uncertainty of a separation, allowing you to focus on your family’s needs and emotional wellness.

Adding a financial professional makes sense when:

• You are feeling overwhelmed with addressing your finances
• You would like to get your financial affairs in order prior to initiating the legal process
• Finances are complex or unorganized
• Emotions are riding high and may force decision-making
• One spouse is more financially savvy
• You would like to simplify the process
• You need to gain some peace of mind knowing you will be okay

 

I will provide an objective and informed approach to analyzing your financial situation and property settlement options. I will review your settlement proposals to help you evaluate their long-term implications and effect on your present and future well-being. Having a good understanding of your financial position will allow you to make informed decisions about the next chapter of your life.

Please feel free to contact me for a complimentary initial consultation to review your personal situation and find out more about how I can assist.