One reason coming to a fair divorce settlement that both parties agree to is that emotion often clouds rational decision making. FairDivorceDecisions.com can’t eliminate the emotional element of divorce, but it can help divorcing couples objectively analyze the financial aspects of the divorce.
Laurence Kotlikoff, an economics professor at Boston University, started a sideline business to sell financial-planning software over 20 years ago. After recently going through a divorce, his firm, Economic Security Planning, started offering a service to analyze proposed financial settlements of divorce. The service was recently featured in the Wall Street Journal.
For $500, users are given a detailed analysis of of four potential divorce settlements that focuses on the living standards each individual can expect for the rest of their lives.
Mr. Kotlikoff joined DadsDivorce LIVE to discuss how the service works and how users can utilize to simplify the divorce process.