The dissolution of a marriage can be an arduous process, both emotionally and financially. When most people think of divorce, they think of a bitter, contentious process. What if there was another way to end a marriage on more amicable terms? As it turns out, there is another way spouses can end their marriage that does not end if lifelong scars for both parties.
If both parties feel as though they are capable of working with each other, then a collaborative divorce may be possible. Collaborative law is a kind of dispute resolution that takes place outside the courtroom, where the parties cooperate to reach a mutually acceptable agreement. If you and your spouse are seeking divorce and believe you can work together, consider consulting with an attorney familiar with collaborative divorces.
What is a Participation Agreement?
To begin the collaborative divorce process, both parties must retain a collaboratively trained attorney and agree to and sign a legally binding contract referred to as a Participation agreement contract. This document commits each party to resolve the dispute according to collaborative principles and guidelines. The settlement will remain the primary objective since the attorneys are hired on their ability to facilitate an acceptable settlement proposal.
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