WellesleyWeston Magazine

SPRING 2013

Launched in 2005, WellesleyWeston Magazine is a quarterly publication tailored to Wellesley and Weston residents and edited to enrich the experience of living in two of Massachusetts' most desirable communities.

Issue link: http://wellesleywestonmagazine.epubxp.com/i/107826

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more successfully, deal with feelings of rejection and abandonment, arrange co-parenting that works, and identify what is really important to them as individuals and as a family. They have to separate feelings about what happened in the marriage from what the law requires, such as alimony. I ask, 'Is that really a rat hole you want to go down?' Divorce is also about compromise — what happens when you both leave the meeting feeling you've given too much." He shares research data with clients, such as the best ways to minimize the negative effects of divorce on children, because "to be informed is to be empowered." Weston resident Gabrielle Clemens, a certified divorce financial analyst and vice president at UBS Financial Services in Boston, said the biggest financial misconception individuals have when entering into divorce involves the maintenance, expenses, and appreciated value of the marital home. "With couples who have been married a long time and who have children, it is typical that one spouse works outside the home, handles the finances including retirement planning, college funding, and the mortgage, while the other spouse takes care of the children, their activities, and community activities," Clemens says. "Generally speaking, [the latter] does not have an accurate idea of what they'll need in the future. It is my role as their financial advisor to help them understand their current financial lifestyle including income and expenses, and short-term cash flow requirements, then clarify what they need to meet their long-term financial goals, such as college education and retirement." Because in Collaborative Divorce cases the financial specialist must be neutral and objective, she cannot have either a preexisting or post-divorce relationship with either client. Unless there is an emergency situation which the client thinks must should consider a Collaborative Divorce, Smith believes. It begins by meeting with a specially trained Collaborative Law professional to determine if this is the appropriate approach for them and what the benefits might be for their family. 87 s p r i n g 2 0 1 3 | We l l e s l e y We s t o n M a g a z i n e be resolved immediately, everyone thinking about ending a marriage

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