During the divorce process, there are a number of factors that you have to take into consideration. One of them is whether or not a collaborative divorce is the best choice for you.
Costs
Compared to the average costs of litigation, collaborative divorce is a more cost-effective solution. It can also be a faster process. However, the cost is dependent on the number of professionals involved and the complexity of the issues being addressed.
Litigation is generally more expensive than collaborative divorce, as attorneys charge a higher hourly rate. Also, there are costs for experts and depositions. Depending on the complexity of the issues being resolved, the cost can be as high as $25,000 to $50,000.
However, the process is faster and less expensive if the meetings are successful. It also allows both parties to have control over the costs. Collaborative divorce requires the parties to hire professionals, including attorneys and financial experts.
Collaborative divorce also requires a financially neutral or professional who acts as an impartial third party. This person works to resolve impasses and help find solutions to preserve family wealth.
Disadvantages of a litigated divorce
Choosing the right divorce method for your situation is important. Depending on the complexity of your case, you may want to consider a collaborative divorce or a litigated divorce. Litigated divorces are more expensive. You may also find it harder to reach an agreement.
Collaborative divorce is ideal for spouses who want to divorce as amicably as possible. This method allows you to discuss important decisions in a neutral setting. You also have the benefit of an expert to help you make decisions. But you’ll have to pay for the expert’s services.
If you fail to reach an agreement, you’ll have to start the process over. This means you’ll have to hire new attorneys. If you have children, you may have to hire child custody specialists. You’ll also have to pay experts to help you with financial issues.
Avoiding dishonesty
Whether you are going through a divorce or thinking about filing for one, avoiding dishonesty in the collaborative divorce process is important. A misunderstanding or a mistake can have very negative consequences, and can even destroy goodwill between parties.
The main goal of avoiding dishonesty in the collaborative process is to prevent the parties from entering into a legal contract that would be unfair to one of the parties. For example, if one of the spouses lies to the other about a financial asset, the other spouse may be able to successfully conceal that asset in the traditional divorce process. That could lead to unexpected results, and could cost the parties significant amounts of money.
One of the biggest hurdles to avoiding dishonesty in collaborative Divorce is maintaining communication. A divorce is very emotionally draining on a spouse, and emotions often take a toll. If a spouse begins to feel anger or revenge, that anger can quickly turn into revenge. In a collaborative Divorce, a mediator can help couples deal with those emotional aspects of divorce.
Removing fear and anxiety from decision-making
Regardless of the fact that you and your spouse are going through a divorce, you want to be in the best possible mental health state of mind. The best way to do this is by taking a proactive approach. This will help you to navigate the tricky waters and snag a healthy divorce settlement. Here are a few ways you can do this:
The first and most obvious way to do this is to hire a professional, who can guide you through the entire process. This will help you make the best decisions for you and your family. You can also work with the financial experts to help you to develop a comprehensive and efficient plan for the distribution of your income. This is the best way to ensure that you receive a fair share of the family’s wealth.
Finding a collaborative divorce attorney
Choosing the right legal representative can make the difference between a civil divorce and a messy litigation process. A collaborative attorney is trained to use alternative dispute resolution methods to help couples resolve issues without going to court.
When choosing a collaborative lawyer, you will need to find a lawyer that has experience in the process. Ask your lawyer about his or her training and whether he or she belongs to a collaborative law association. You also want to make sure that you feel comfortable with your attorney.
If you’re looking for a collaborative divorce attorney, we recommend Coastal Collaborative Family Law they have made a great deal of experience in this type of case. At Coastal Collaborative Family Law, they can evaluate your case to see if Collaborative Divorce is right for you. Schedule your 30-minute consultation today!