How do I ensure that all of my assets are properly divided in a collaborative divorce?

When navigating through a collaborative divorce in Delaware, it is important to ensure that all of your assets are properly divided. The best way to ensure this is by working together with your spouse to create an agreement that details how the assets should be split. This agreement should be signed by both parties and can often be done with the assistance of a lawyer. When going through a collaborative divorce, it is important to document and list all assets accurately. This includes checking bank statements, appraising real estate, and taking an inventory of all tangible items such as furniture, jewelry, or vehicles that are owned by the couple. All bank accounts, investments, and other financial assets should also be documented. It is important to remember that in a collaborative divorce, it is important to be fair and equitable in the property division process. This means that both parties should receive assets that have equal value, or the assets could be divided equally between the two parties. In order to ensure that both parties receive the agreed upon division of assets, the agreement should be approved by the court. This should happen after all assets have been documented and the agreement has been signed by both parties. A court hearing may be held to ensure that all assets are being divided properly, and will result in an official court order that will be binding for both parties.

Related FAQs

How do I maintain open communication with my spouse during a collaborative divorce?
How do I protect my assets in a collaborative divorce?
How do I keep the collaborative divorce process confidential?
How do I handle emotions during a collaborative divorce?
Is a collaborative divorce binding?
What should I expect from my collaborative lawyer?
How much does a collaborative divorce cost?
How do I find a qualified collaborative lawyer?
How do I handle issues of tax liabilities in a collaborative divorce?
How do I ensure that both parties are represented fairly in a collaborative divorce?

Related Blog Posts

What Is Collaborative Divorce Law and How Does It Work? - July 31, 2023
Exploring the Benefits of Collaborative Divorce Law - August 7, 2023
Pros and Cons of Collaborative Divorce Law - August 14, 2023
An Overview of the Process of Collaborative Divorce Law - August 21, 2023
FAQs for Potential Clients Considering Collaborative Divorce Law - August 28, 2023