THE INTEGRATED DIVORCE PROCESS
A TEAM APPROACH TO DIVORCE SETTLEMENT
Pre-Divorce Planning 0 – 30 Days Phase I: 14 – 45 Days
DIVORCE INITIATION
Steps: (1) Assemble Team of Experts. (2) Research and Collect Data. (3) Prepare Financial Affidavit. (4) File for Divorce. (5) Request Temporary Maintenance. (6) Request Child Support. (7) Formulate Parenting Plan. (8) Address Housing Issues.
Phase II: 1 ½ - 9 Months
ANALYSIS AND PLANNING
Steps: (1) Value Assets. (2) Identify Liabilities. (3) Determine Community & Separate Assets. (4) Begin Career Assessment. (5) Create Post-Divorce Budget. (6) Prepare Reports & Settlement Proposals. (7) Bring Team Together and Start Sharing Data.
Phase III:
Post-Divorce Planning:
PREPARATION
Steps: (1) Evaluate Client Needs. (2) Stabilize Client Situation: -Financial -Psychological -Physical (3) Formulate Plan of Action. (4) May refer to Mental Health Counselor. (5) Preparation, Research & Collection of Data.
SETTLEMENT/ NEGOTIATION
Steps: (1) Negotiate Property Settlement. (2) Allocate Income (child support & maintenance). (3) Present Rebuttal of Opposing Expert Report. (4) Finalize Parenting Plan. (5) Give Court Testimony.
IMPLEMENTATION
Steps: (1) Post-Divorce Planning. (2) Income Tax Planning. (3) QDRO – Retirement Asset Transfers. (4) Cash Flow Management. (5) Investment Asset Allocation. (6) Education & Career Plan.
Miller Advisors, Inc. 11 Tenth Avenue Kirkland, WA 98033
Phone: Fax:
425.822.8122 800.480.1519 425.822.1622
www.milleradvisors.com E-Mail: kathleen@kathleenmiller.com
01/25/09