Yes. There are the two lawyers who are specially trained in collaborative law. There is also the mental health professional, whose job is to keep the parties on track and to help with any issues that may be of an emotional nature. The neutral financial professional is often a certified public accountant, although that is not a requirement. The financial professional’s responsibility is to determine the elements of income, expenses, and assets and liabilities that make up the marital estate, and to craft the financial part of the agreement. A judge has to divide the marital assets 50/50; however, the collaborative process does not, and 50/50 may not be the best division for a particular situation. Collaborative divorce gives the couple a lot more flexibility in crafting an agreement that will work for them.
Harriett Fox is a CPA and divorce mediator located in Miami, Florida. She uses her mediation skills to settle cases in various areas of commercial and civil litigation, while applying her forensic accounting abilities to complex financial analyses in cases of family, commercial, and civil litigation.