Divorce is famously depicted as an extremely acrimonious process, but it does not always have to be this way. Sometimes, divorce can be quite amicable.
If you are in a position to have a more amicable divorce, it may end up saving you a lot of money. According to Forbes Magazine, having a collaborative divorce can potentially save you thousands of dollars on the divorce process.
What is collaborative divorce?
In contentious divorces, it is common for all the negotiation to take place in a courtroom. This variety of divorce is a trial divorce. Trial divorce is usually quite expensive because it involves a high number of personnel. Essentially, if a judge makes every decision with an army of lawyers in the background facilitating it, the divorce will go up in price.
However, if you and your ex-spouse can negotiate on terms, you may be eligible for a collaborative divorce. In a collaborative divorce, both parties have their own lawyer, but they negotiate the terms across a conference table. Not only can this save thousands of dollars, but it often gives the participants much more say in the process then they might in a trial divorce. Rather than a judge deciding everything, the involved parties make the decisions.
Are there any negatives?
Both parties in a collaborative divorce have to be willing to compromise and negotiate. If your divorce is very contentious, you may not be able to get compromise out of your ex-spouse. If this is the case, it will probably save money for you to go directly to trial divorce rather than waste time with collaboration.
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