What are the common issues addressed in a collaborative divorce?
In a collaborative divorce in California, common issues addressed involve both financial and emotional matters. Financially, parties in the divorce must determine how the assets and debts of both spouses will be divided. This includes potentially dividing assets such as a home, cars, furniture, bank accounts, investments, and retirement accounts, as well as debts such as credit card debt, student loans, and mortgages. The parties must also decide if one party needs child or spousal support, and if so, how much. Emotionally, the two parties need to come to an agreement on child custody, visitation, and parenting plans. This includes making decisions about the living arrangements for the children, as well as holidays, vacations, and other activities. Additionally, the parties may need to work on developing a parenting plan. This plan outlines how both parties will make decisions about education, healthcare, and extracurricular activities. Collaborative divorce seeks to alleviate the negative aspects of the traditional litigation process, while at the same time helping the parties achieve a fair outcome that both parties find acceptable. Through negotiations, the parties are able to make decisions about the important issues in their divorce in a way that meets the needs of both parties and their children.
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