It is a fact that divorcing partners must determine their course of action and if they will require the assistance of lawyers, arbitrators, or other divorce specialists. Some couples wind up in protracted, high-conflict situations with lawyers on both sides vying for every possible advantage. While, on the other hand, some will be ready to come to an agreement over how to divide the assets and split custody of any kids. They might merely want assistance with creating the necessary documentation to complete the divorce.
Many couples are in the middle and may require the assistance of a mediator to reach a legal settlement. Collaborative divorce is mainly chosen by Couples who agree on various terms. But, couples can go through a collaborative divorce even if their opinions on matters like property distribution, child custody, or spousal support disagree by employing a mediator to help settle any differences.
Collaborative Divorce: How Does It Work?
When you go for a collaborative divorce, you and your partner work with some professional assistance to come to an amicable agreement. Both the partners engage a collaborative lawyer, who offers legal advice and helps them negotiate a settlement. Each of you has a separate meeting with your lawyer, and the 4 of you regularly meet up. You should keep in mind that some other experts, such as child custody experts or auditors, might also be involved in a collaborative divorce.
If you and your partner are able to reach an agreement, you will ultimately speak with a family court judge so you can sign the agreement. The best thing about collaborative divorce is that you can make that encounter brief and controllable by working together. The legal portion of divorce is a straightforward, uncomplicated process that doesn’t involve a trial or contentious hearing once all problems have been settled.
Collaborative Divorce: Important Things You Should Know
Let us tell you some important things that you should know about Collaborative divorce.
- Signing The Participation Agreement
You should keep in mind that the first stage in any collaborative effort is that all parties are supposed to sign a participation agreement. This agreement is crucial to the collaborative divorce process because it shows that the parties and their legal counsel have chosen to cooperate and avoid going to court.
- Agreement Of Good Faith
You and your partner will also commit to cooperating and work willingly to arrive at a settlement deal that both of you can accept.
- Disclosing All The Information Is Necessary
Both spouses have to compile and willingly provide all information relevant to the divorce settlement with the aid of their respective lawyers.
- Comprehensive Financial Agreement
Together, you and your spouse will create a comprehensive financial arrangement that takes into account your requirements and interests, which will later be formalized in a financial consent order to ensure legal validity and enforceability.
- Coming Up With A Parenting Plan
If you have kids, you will work together to create a parenting plan that takes into account each child’s unique needs, assisted by your lawyers.
- Considering Experts’ Assistance
At any point during the collaborative process, you and your partner are free to seek the advice of experts to assist your psychological and financial well-being.
The Bottom Line
In a collaborative divorce, the goal of the divorce lawyers of both parties is to keep the dispute to a minimum during the proceedings. Not just this, it has been demonstrated that this approach is less contentious and confrontational than a traditional divorce through the judicial system. So, we can say that this type of divorce is a healthier alternative as both parents are considered equal instead of looking at them as primary or secondary. If you are seeking a divorce and desire professional guidance in reaching crucial agreements, it is recommended that you reach out to a skilled collaborative divorce lawyer for their expertise