What documents are required for a collaborative divorce?

In Texas, a collaborative divorce is an alternative to traditional divorce proceedings that involves both parties working together to find a resolution outside of court. The process requires both parties to sign a participation agreement before it can begin. This agreement stipulates that each party will provide full disclosure of all financial information and exchange documents needed to formulate an agreement. In order to complete a collaborative divorce, both parties must provide the following documents: a financial statement containing information about income, expenses, and assets; a list of all jointly owned assets; a parenting plan, if the couple has children; a list of all liabilities (debts); a spousal maintenance analysis, if the couple has a disparity of income; and a settlement agreement outlining how assets will be divided. The process also requires both parties to find collaborative divorce lawyers experienced in the specific area of law. Each party can select an attorney who can assist in working out a resolution and provide advice throughout the process. In addition to the documents listed above, it is important that couples keep accurate records and documentation of any financial transactions and communication between both parties throughout the duration of the collaborative divorce process. This includes any emails, text messages, and receipts related to the case. Keeping detailed records will help couples resolve the dispute efficiently and without court involvement.

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What documents are required for a collaborative divorce?

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