Collaborative divorce is an excellent method to save money and time during a divorce. You can avoid going to trial, which also means that you’ll be able to keep more of your divorce proceedings private.
Collaborative divorce is designed to work in a way that prevents litigation. It is a type of alternative divorce. Both parties may sign an agreement that states that they will collaborate. If one of them breaks the agreement, then the collaboration ends and they have to find new attorneys. This creates the potential for significant financial losses and additional expenses. As a result, those who agree to collaborate often stick with that plan.
When is a collaborative divorce a possibility?
Collaborating is an option when you both agree that you don’t want to go to court over your divorce. Collaborative divorces divide their property and work out custody agreements on their own, submitting those documents to the court once they’ve settled.
How does a collaborative divorce help you save money?
A collaborative divorce helps you save money by cutting down on the cost of litigation. You will also minimize how many times you have to interact with your attorneys and reduce the time it takes to resolve conflicts, which helps save you money every step of the way.
Can a collaborative divorce help you save time?
Yes, a collaborative divorce can help you save time. How? With a collaborative divorce, you can decide to discuss issues rather than to litigate. You and your spouse may decide not to argue and rather to work on finding solutions. By not involving a judge, you won’t have to wait for a court date to litigate. You won’t have as many back-and-forth conversation or interactions with each other or your attorneys.
Essentially, collaborative divorces simplify the process of divorcing, which saves time, money and energy. You and your spouse are more likely to find better solutions prior to divorcing, so that you can be more satisfied with the outcome once you’re exes. Know your legal options, and consider if this may be a method that would help you get the results you’re looking for from your divorce.