In the Collaborative Divorce Process and in Divorce Mediation, couples take the lead in negotiating their own settlements and learning techniques for resolving differences in the future. This is a more affordable, gentler, and kinder process than litigation, which is frequently expensive, unnecessarily long, and difficult on families.
*Contact Smart Transition Strategies to see if Divorce Mediation or the Collaborative Divorce Process is right for you.
Why Choose Divorce Mediation with Smart Transition Strategies?
Divorce mediation, collaborative divorce process, arbitration, and litigation are the four ways to legally handle a divorce. Divorce Mediation is an excellent option, because it is the less expensive option, and couples are able to spearhead their settlement by working with various financial professionals towards common goals.
In Mediation, the tax accountant may be retained by either one party, one spouse, or by the couple who choose to work together toward common goals of maximizing family resources and minimizing taxes. If each party engages a CPA, the tax accountant does tax advocacy for one party, his or her client. Each client brings to Mediation his or tax accountant, attorney to present his/ her position. In both Mediation and in Collaborative process, the couple may jointly retain one CPA encouraging cooperation to minimize taxes for the couple/family.
In Divorce Mediation, financial professionals work with both clients to gather financial information and help develop a financial plan that works for both spouses and their family. Certified Public Accountants (CPA) who specialize in tax law, like those at Smart Transition Strategies LLC, provide a variety of services for their divorcing clients including identifying opportunities for tax savings in divorce settlements, property division, creative settlements regarding the marital home, and much more. We find opportunities for tax savings in divorce settlements, prepare exhibits for settlement negotiations, determine the rights of divorcing spouses in benefit plans, assure proper recognition of marital assets, analyze accounting issues in divorce proceedings, review alimony, child support, priority division and transfers, and maximize after-tax cash available for settlement.
Additionally, we communicate your financial and tax information clearly to you, to empower you to make your own decisions, and communicate tax issues to your attorney. Thus, Divorce Mediation is an excellent option for couples who want to settle their divorce economically and in collaboration with their family and financial professionals.
ABOUT: Nancy Goldfarb is the President and Founder of Smart Transition Strategies LLC, specializing in the financial and tax aspects of divorce throughout the New York metropolitan area. She is a member of the American Institute of Certified Public Accountants and the Institute for Divorce Financial Analysts in addition to the Association of Divorce Financial Planners and the Wharton Club of New York. Smart Transition Strategies offers mediation services, and Nancy Goldfarb has successfully completed forty hours of training in Divorce Mediation run by the Center for Mediation & Training according the Academy of Professional Family Mediators’ standards.
Goldfarb is a tax practitioner who provides valuable services as advisor in Divorce Mediation and the Collaborative Divorce Process.
Nancy Goldfarb, CFP®, CPA/PFS, MBA, CDFA
NANCY GOLDFARB AND ASSOCIATES