How do I handle the division of marital assets in a collaborative divorce?
In a collaborative divorce in Florida, the process of handling the division of marital assets is an important but delicate process. This is because the court will look to the parties themselves to determine the value of the assets and how they should be divided. The first step in handling the division of assets in a collaborative divorce is to identify and value all the assets in the marriage. This includes financial assets, such as retirement accounts and investments, as well as tangible assets, such as vehicles, jewelry, and any other property. Each asset should be thoroughly reviewed and appraised so that an accurate value can be determined for the purposes of division. Once all assets have been identified and valued, the parties may enter into negotiations to decide how to divide the assets. If the parties are unable to reach an agreement, the matter may be resolved with the assistance of a lawyer or mediator. When the division of assets is being negotiated, all parties should strive for fairness, taking into account the wishes of both parties, as well as the financial needs of both parties. Finally, once a division of assets is reached, it is important to document the agreement. This agreement should be thorough and include the details of how each asset is to be divided. The agreement should also be approved by the court to ensure the division of assets is legally binding. By following these steps, the division of assets in a collaborative divorce in Florida can be handled fairly and efficiently.
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