Our Process

The One Source Divorce package is offered for a fixed fee and follows these steps:

1

First we will meet to get to know each other and determine if there is a basis for working together. We are looking for couples that fit our model and therefore have a high probability of success. We then execute our standard contract and discuss expectations and details of the process. We devote time to learning about the clients' family and conclude by providing a request for financial information including all assets, liabilities, salaries and benefits and projected living expenses.

This step is devoted to receiving documents and financial information. We begin scheduling the entire process including mediation and all supporting meetings.  Our goal is to attain a Memorandum of Understanding in 8-12 weeks.

3

The next 2 weeks are used for collecting data and creating preliminary financial models.  We meet with each participant separately to confirm the accuracy of the data, provide preliminary observations and begin setting individual financial goals.  Following this meeting, the data is further analyzed and the financial models are modified.  Financial gaps and opportunities are identified for use in the financial mediation.

If there are minor children, this is the first mediation session.  The objective of this meeting is to address how the couple will co-parent their child(ren) post divorce. This process culminates in an actual Parenting Plan that provides the family with agreed upon guidelines for raising the children.

This step involves meetings with the financial analyst, separately or together as required by the case.  If necessary, individual financial coaching sessions will be offered.  Reports that have been developed for use in the financial mediation are given to both participants for their review.  The goal here is to adequately prepare each party for the financial issues that will be addressed during mediation.

Now is the financial mediation with the goal of reaching a financial settlement that outlines how the couple will divide both assets and debt accumulated during the marriage. Child support, alimony and special needs of the family are addressed. We work to see that each financial settlement is tailored to the needs of the individual parties and the family as a whole, wherever possible. 

With agreement reached, the Memorandum of Understanding is prepared.  This Memorandum documents the decisions reached by the participants during our process and provides the basis for the requisite legal documents.

At this point, the Memorandum of Understanding is taken to an attorney for a formal Property Settlement and Separation Agreement to be drawn up.   

Finally, the follow-up meeting is held with both participants to go over post-settlement issues, provide resources and ask for feedback.  We believe that listening to our clients is the best way to ensure the highest quality service.