How do I handle issues of property division in a collaborative divorce?

In California, when it comes to property division in a collaborative divorce, you and your partner are expected to negotiate a fair and equitable agreement regarding your assets and debts. This process is typically handled by your collaborative law attorneys. First, you and your spouse will make an inventory of all of your assets and debts. This includes the marital home, any retirement accounts, any investments, cars, boats, and other property. Your attorneys will help you to determine which property is marital property and which is separate, and they will also help determine who is responsible for any debts that were incurred during the marriage. Once you have identified all of your assets and debts, you and your spouse will need to agree on how the assets and debts should be divided. This process involves negotiations between the two of you and your attorneys. Generally, the goal of these negotiations is to come to a fair agreement that respects both of your needs and interests. Your attorneys will also help you to prepare any necessary paperwork for the property division. This can include paperwork for property transfers, division of debt accounts, and other documents. Once you have agreed to the equitable division of your assets and debts, your attorneys will make sure all the paperwork is in order and will submit your completed agreement to the Court. You and your spouse will also need to attend a final hearing before a judge, who will review your agreement and issue a divorce decree.

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