Many couples opt for a collaborative divorce because it is faster than a traditional divorce, costs less money and reduces the need for post-divorce litigation. Additionally, working together for mutual benefits makes a collaborative process less hostile and stressful.
In a collaborative divorce, the process gets led by the lawyers. Lawyers need not be present for mediation; if they are, they do not conduct the meetings.
In an uncontested divorce, both parties either agree beforehand to all terms of the separation, or one party files, and the other never responds. A collaborative divorce involves a series of meetings because both sides actively seek a beneficial outcome; if that fails, there is still the possibility of a court battle.
By choosing to negotiate according to a series of predetermined meetings with lawyers rather than pursuing a lengthy court battle, collaborative divorces frequently help people save money on divorce.
A financial neutral is a member of a collaborative divorce team or a mediator who helps couples find, organize and understand their financial information and facilitates a process of educating, visioning and creating a plan for settlement.
What are the Benefits?
What are the Qualities of Financial Professionals?
What are the Tasks of a Financial Neutral?
How Financial Neutrals Benefit Attorneys and Mediators