THE COLLABORATIVE DIVORCE PROCESS
The Collaborative Divorce process is a way to address the issues arising out of a divorce proceeding without the traditional litigation model. The Collaborative Process uses a team approach to help the parties reach a settlement agreement without the need to go to court. The team consists of each party’s attorneys, a neutral financial advisor, and a mental health provider if needed.
In the traditional divorce litigation, much time is spent in financial discovery trying to determine the parties’ finances. Working with a neutral financial advisor, as a team, helps the parties reach a prompt settlement agreement.
Likewise, when there are significant custody disputes, working with a neutral mental health provider as a team helps the parties reach a settlement agreement that is in their children’s best interest.
The Collaborative divorce process is voluntary and both parties must enter into a participation agreement agreeing to participate in settlement discussions with the help of the neutral third parties.
In the event that the parties are unable to reach a settlement agreement, the collaborative divorce counsel will withdraw from the case allowing the parties to retain counsel to proceed with the litigation.
In summary, the Collaborative Divorce Process will reduce the hard feelings between the parties, which will help reduce the process time and will help reduce the attorney’s fees and costs.