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Smart Split Divorce
FAQs
Why do I need an CFDS when I already have a lawyer?
They are better equipped with the necessary financial knowledge that clients will need. The will be more cost effective and they can help generate outcome scenarios that better reflect the needs of the individuals while helping the parties come to a quicker settlement.
Would it cost more by using a lawyer and CFDS?
The faster you understand the financial options and impact of various decisions to be considered, the less costly your legal bill. Couples can often get stuck on particular financial issues that may not be worth the battle. A CFDS can help you assess and put costs to those issues which can in turn save you money.
What is the approximate cost?
The cost is dependent upon the scope of the work and the complexity of the family financial situation. You can spend as little or as much as you need to help make you confident about the decisions you are making.
Will using a CFDS mean getting a bigger settlement or more support?
Not necessarily. A CFDS can ensure that all information has been provided and that all variables have been reported accurately. They can also analyse the settlement options to help maximize financial benefits to the parties. Specialized reports can help identify financial shortfalls so that they can either be addressed immediately by way of alterations to support or help the client implement the tools necessary to help with any problem areas. Could this result in adjustments to support or better settlement outcomes, yes it can.
What is a Parenting Plan?
A parenting plan is normally attached to your separation agreement. It sets out the schedule and protocols to be followed for the living arrangements of children. It allows separating parents to avoid conflict by dealing with specific issues relating to the children. These issues can, but may not be limited to, child support, parenting time, decision making, transportation, vacations, letters of permission for travel, holidays, health, visitations, school activities and any other issues that would require specific protocols be in place to effectively parent and ensure the overall well-being of the children.
More info can be found on the FAQ page of our website.
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