How do I divide non-marital and marital assets in a collaborative divorce?

In a collaborative divorce in California, non-marital assets and marital assets have to be divided. Non-marital assets are those obtained before the couple enters into the marriage. These assets will remain the sole property of the person who originally owned them. Marital assets are those acquired by both parties during the marriage. In California, marital assets are typically divided equally between the two parties. This means that each party will receive an equal share of any asset that was acquired during the marriage— regardless of who originally purchased the item or who currently has possession of the item. For example, if a couple buys a house during their marriage, the house will be split equally between them. Both non-marital and marital assets can be divided through an agreement between the couple and their attorneys. In a collaborative divorce, the attorneys will help the couple come up with an agreement that meets both of their needs. This agreement can include dividing the assets according to their respective ownership or allocating a certain percentage of the assets to each party. The final decision on how to divide non-marital and marital assets in a collaborative divorce is ultimately up to the couple. It is important to note, however, that any agreement made must be approved by the court before it can become official.

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How do I divide non-marital and marital assets in a collaborative divorce?

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