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

When it comes to ensuring that all assets are properly divided in a collaborative divorce in South Dakota, there are certain steps you should follow. The first step is to come up with a list of all the assets that must be divided and determine who owns the assets. It may be beneficial to hire an accountant to help ensure that all assets are properly valued. Once the assets have been identified and the value determined, each party can agree on how to divide them between them. The next step is for each party to submit a list of their proposed asset division to their collaborative lawyer. The collaborative lawyers will review the proposed division and if an agreement can be reached the lawyers will draft the necessary documents and forward them to the court. Before the court will approve the proposed division, they will make sure that the division is fair to both parties. The court will also review the proposed division to make sure that all assets are properly divided and that there are no lapses in coverage or any entitlements that have been overlooked. Once the court has approved the asset division, all of the documents should be signed by the parties so that the division can be enforced. This is why it is important that both parties have collaborative lawyers who can make sure that all of the documents are properly prepared and filed in a timely manner. By following all of these steps, you can ensure that all of your assets are properly divided in a collaborative divorce in South Dakota. Remember to keep all documents related to the division of assets and be sure to consult your attorney if you have any questions.

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