How do I ensure that all of our assets are divided equitably in a collaborative divorce?

When it comes to ensuring equitable asset division in a collaborative divorce in New York, the first step is to make sure all assets and liabilities have been disclosed. Each party to the divorce must be transparent and honest in listing out all of the finances, and any discrepancies must be addressed. Next, both parties should have an accurate understanding of the value of their assets, including any debts. This can be accomplished through an independent financial advisor or a valuation expert. Once the assets have been identified and valued, the parties involved should work together to divide the assets and liabilities in a fair and equitable way. This might include assigning certain assets or liabilities to each party or dividing the assets based on a formula or percentage. Finally, an experienced attorney can help create a written document that details the division of assets and liabilities in the collaborative divorce. This document should be signed and approved by both parties, and will serve as the agreement between them going forward. This process can be difficult and may require professional help. The important thing is that each party takes the time to understand their rights and the law in order to create a settlement that is equitable to both parties involved. With the right lawyers and advisors on your side, a collaborative divorce in New York can be handled in a way that is equitable for both parties.

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