How do I handle the division of marital assets in a collaborative divorce?

The division of marital assets in a collaborative divorce is a process that is designed to be mutually beneficial for both parties. In California, the process is often very similar to the traditional divorce process. Both parties must exchange information regarding any assets they have acquired during the marriage, such as real estate, bank accounts, investments, etc. In order to reach an agreement that is fair for both parties, both parties are encouraged to use the services of a qualified financial professional who is an expert in the collaborative divorce process. Once both parties have exchanged all of the necessary information, they must reach an agreement on how the assets should be divided. This can be done through mediation, negotiation, or hiring a third-party mediator to help both parties reach an agreement. Once the agreement is finalized, both parties must sign a marital settlement agreement. This documents all of the details of the agreement and is legally binding. It is important that the agreement is clear and comprehensive so that it will stand up in court if necessary. It is also important that each party has an attorney who can provide advice on what is fair and what is not. An attorney can also help each party understand their rights throughout the negotiation process. With the help of a qualified attorney, both parties can work together to create an agreement that works for both of them.

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How do I handle the division of marital assets in a collaborative divorce?

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