Even when couples amicably reach the conclusion to end a marriage, divorce is never an easy process. There are numerous factors to consider, and even the most organized individuals could have their judgments clouded by emotions or can overlook important issues. Because divorce is a complex process, divorcing couples in Rhode Island should consider including financial help in the process.
How is a financial planner a useful tool in a divorce? A financial planner or a financial advisor can help uncover and address all finances involved in the divorce. They can help a spouse determine what category a piece of property or asset falls under. Even if a spouse strongly believes that an item is personal property, a financial advisor can help them understand why it is considered marital property and will be involved in the property division process.