Divorce Settlement Offer to Settle – Evaluation

If you have no experience of evaluating divorce settlement offers, you’re unlikely to spot areas where you can improve the settlement in your favour. An expert will.

Hello, I’m Ken S. Maynard, and in my line of work, I’ve witnessed many serious financial errors being made during divorce settlement offer evaluations.

You might be tempted to get your divorce lawyer to handle the evaluation. But many lawyers don’t have the necessary skills to give you proper financial advice. And with so many divorce decisions affecting your finances, you really do need expert financial advice to ensure you get the best deal and don’t lose out on your entitlements.

As a Certified Divorce Financial Analyst at Divorce the Smartway, I’ve been providing divorce settlement offer evaluations for many years. But I know what it’s like to have limited financial knowledge, so please don’t feel embarrassed about asking me ANY questions about your divorce settlement offer.

As a survivor of separation and divorce, I have been through this life-altering event. I can tell you little has been reformed in family law over the decades. I came away from my own horrific experience with a single-minded passion: I would want no family to go through what my children and I went through.

My entry into the Financial Services sector began in the early 1980s. This was the era of 20% interest rates, collapsing markets. My role was collecting payments and restructuring financial arrangements in an environment where both sides had much to lose.  My mid-career work focused on troubled real estate. This saw me consulting to some of the big accounting firms, banks and private lenders with the work demanding the highest levels of financial analysis and exit strategy development.  Later in my financial career, I found myself in an analytical role at one of Canada’s leading Mutual Fund managers.

It’s all experience that has stood me in good stead when it comes to helping others make wise financial decisions in my current role, for which I undertook intensive training in order to develop analytical skills and expertise relating to divorce financial issues.

I advised both parties to adjust the settlement to pay off debt, saving both $30,000 in interest payments, and freeing up over $1,000 per month cash flow.

This can happen in-person or online and will involve us reviewing the report and you asking me questions before we decide on the best way forward

A proposal made by one party to the other, prior to the trial of an action, setting out the terms on which the party is prepared to settle. Offers to settle can save costs from continually going to trial if the settlement received now is immaterially different than a ruling from the judge that it would make the most financial sense to settle. In addition, a settlement is a sure thing once on paper and is in your full control and a court ruling is up to the judge’s perception and knowledge; and is considered as taking a risk awaiting that ruling.