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The Virtues of a Collaborative Divorce 

What is a Collaborative Divorce? A collaborative divorce is where you and your spouse agree to handle your case by the collaborative process instead of going through the court system with litigation. Therefore, you each have a collaborative trained attorney to navigate you through the process. There is a mental health neutral and a financial neutral. Instead of each party giving mandatory disclosure to the other side, the spouses upload their financial documents to the financial neutral who creates an equitable distribution chart and options for the parties. That is after the spouses have expressed their goals to Collaborative Team. The spouses control what happens in their case. They do not rely on a judge who is unfamiliar with the family dynamics to make a decision on the outcome of their lives. It is much better for the family unit to decide the outcome for their life than a complete stranger. 

Further, a collaborative divorce is much cheaper than litigation. Litigation can be costly. It is not a wise decision to expend your life savings on attorneys. Further, litigation can be mentally draining and exhausting on the spouses. Further, litigation breaks down the cordiality of the family unit. It can be unhealthy on the children enduring their parents behavior. In a collaborative divorce, the spouses work in a positive way to reach outcomes that will be best for the whole family unit. The collaborative realm is much more positive than litigation. 

Further in a collaborative it is possible to complete the case in a few months. In litigation, it will probably take you eighteen months to three years to obtain a trial. During that time period, you are racking up attorney fees and dwindling your saving and investments on attorney’s fees. 

In a collaborative divorce, the mental health neutral will probably want a retainer between $3,500.00 and $5,000.00. The financial neutral will probably request a retainer of $5,000.00 to $7,500.00. Each party will need to pay a retainer to their attorneys which will probably be $5,000 to $10,000 or maybe more if it is a case with high net worth where the attorneys will deal with discussing more complicated collaborative options with their clients. 

You should definitely research the collaborative divorce process if you are contemplating divorce 

If you have more questions regarding a Marital and Family Law matter, you may call Ann Marie Giordano Gilden at Ann Marie Giordano Gilden, P.A. at 407-732-7620 and set an initial consultation. You may also visit my website at: https://www.annmariegildenlaw.com 

This article is for informational purposes only and does not form an attorney client privilege.