How can I ensure that all of our assets are divided fairly in a collaborative divorce?

Divorcing couples in North Dakota can ensure that their assets are divided fairly by utilizing the collaborative divorce law. This law allows the two parties to negotiate a settlement between themselves, rather than relying on a judge to make the decision. Both parties can hire their own attorney to ensure that their rights and interests are protected throughout the process. Before jumping into the negotiations, both parties should gather financial information regarding the assets and debts that are subject to division. This could include information about real estate, investments, businesses, and retirement accounts. This will allow each party to have the necessary information to make an educated decision and ensure an equitable division of assets. Both parties should also be honest and open with each other about their finances. While it can be difficult to discuss sensitive matters such as finances, it is important to remember that these discussions are taking place to ensure an equitable asset division. Both parties should try to avoid any tactics that involve hiding assets or inflating the value of assets. Once the information has been gathered, both parties and their attorneys can begin negotiations. This could include discussing the division of a marital home, the amount of spousal support, and the division of retirement accounts. The parties can have these discussions either separately or with a mediator. Ultimately, the goal is to ensure that both parties are satisfied with the agreement and that the asset division is fair and equitable.

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How can I ensure that all of our assets are divided fairly in a collaborative divorce?

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