Beyond litigation and mediation which are so often discussed as divorce process options, a third viable way to navigate separation which we will discuss in this article is collaborative divorce. To provide some context, in litigation, one lawyer represents a spouse and another lawyer represents the other. Mediated divorce is a type of divorce that utilizes an experienced divorce … [Read more...] about Collaborative is Teamwork:
Benefits
CalSTRS and Your Dissolution of Marriage Process
Will my spouse receive part of my CalSTRS pension if we divorce? Under California law, retirement benefits are considered community property, meaning that you each own 50% of your pension as a joint asset. According to CalSTRS, community property is the contributions (funds) you contributed, and the service credits you accrued and/or purchased while married or in a domestic … [Read more...] about CalSTRS and Your Dissolution of Marriage Process
Advantages of a Neutral Financial Professional in a Divorce
When couples begin a marital dissolution and choose the Collaborative Divorce process, we often find that one person is thoroughly knowledgeable about their finances and the other one knows very little. In these cases, one spouse has paid the bills during the marriage and has been in charge of investments. That person has taken care of all the financial obligations. Suddenly, when the divorce … [Read more...] about Advantages of a Neutral Financial Professional in a Divorce
The Benefits of Collaborative Divorce vs Other Options
Divorce is a complicated process because while it is a legal process it is also an emotional process, and it is a financial process. One of the main benefits of Collaborative Divorce is that it involves a team approach - a team of professionals to guide you through the legal, emotional, and financial aspects of your divorce. Collaborative Divorce - Emotional Benefits For most people … [Read more...] about The Benefits of Collaborative Divorce vs Other Options
Benefits of Using the Collaborative Divorce Process
Collaborative Divorce is a process that puts you in charge of your divorce. In the traditional adversarial divorce process, the judge makes the final decisions. In a Collaborative case, you and your spouse make the decisions that are best suited for you and your family. Through Collaborative, we form a team of professionals who are trained in their specific area to help support … [Read more...] about Benefits of Using the Collaborative Divorce Process
The Advantage of Child Support Calculation Through the Collaborative Divorce Process
Recently, I read an article on the internet titled “How Much Is Child Support In Your State?" taken from the website CustodyXChange.com”. Did you know that every state in the USA has its own law and mathematical formula as to how to calculate child support in its family law courts and that the use of the statewide child support calculator is mandatory if the parents go to court and have a … [Read more...] about The Advantage of Child Support Calculation Through the Collaborative Divorce Process
The Benefits of Collaborative Divorce for Small Business Owners
Divorcing spouses who own a business have an option for a goal-oriented, amicable process: Collaborative Divorce. This process promotes cooperation and partnership instead of a public and potentially destructive litigation procedure. It provides solutions for the couple and the business that aren’t available if the courts become involved. Collaborative Divorce Is a Shared … [Read more...] about The Benefits of Collaborative Divorce for Small Business Owners
The Benefits of a Collaborative Approach in Division of Assets and Debts
Collaborative Practice utilizes a team approach to the divorce process. As a Certified Financial Planner (CFP) and Certified Divorce Financial Analyst (CDFA), I want to share with you how I see tremendous value in a team approach to asset division. The typical litigation model using a divorce attorney includes a listing of your assets and a “reasonably fair” division worked out by the … [Read more...] about The Benefits of a Collaborative Approach in Division of Assets and Debts