Torn: The Ethical Dilemmas of Your Clients' Divorce

Rattiner, Jeffrey H.
April 2006
Journal of Financial Planning;Apr2006, Vol. 19 Issue 4, p28
Academic Journal
The article examines the ethical difficulties facing financial planners whose clients are going through a divorce. When married couples who have jointly hired financial planners split up, the planner often must choose a side in the divorce. To deal with this possibility, some financial planners prepare plans for such developments, while others act on a case-by-case basis. William B. Burns, of Burns Matteson Capital Management, says that representing both parties results in a conflict of interest. Other planners provide their recommendations for avoiding conflict-of-interest. INSETS: Do You Have What It Takes to Be a Divorce Planner?;Divorce Planning Options for Planners.


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