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Collaborative Divorce Could Save You Money

Updated: Friday, 24 Apr 2009, 2:01 PM CDT
Published : Monday, 24 Nov 2008, 5:50 PM CST

Divorces are tough, not just emotionally, but financially as well, especially during this rough economy. There are ways to get divorce with out having it break the bank. Since traditional litigation isn't for everyone, there are alternatives that could make the process easier.

 

You don't have to go to court and it could save you a few dollars.

Divorces in the entertainment world can be expensive and downright dirty.

During the tough economy, more people are deciding to stay together because they can't afford not to.

With selling a house and wondering what to do with the kids, there's a lot to take into consideration.

But some local lawyers believe they have the answer: a team approach. 

There's a network of collaborative lawyers across the state, including attorneys Charlie Goldstein and Rebecca Guyette.

They represent different law firms but work together to make their clients happy.

They say collaborative divorce offers a more cost-effective way to divorce or address any family matter.

They have the two parties meet with their lawyers and sign a contract stating they will be honest, open and not go to court.

The four of them dive into issues, work out the assets and then sign the martial termination agreement.

On average, it takes about five to seven sessions.

If both sides are willing to work together, they can save a lot of money

And if everyone can't come to a happy medium on a certain issue, the lawyers may call on a child or financial specialist.

As for drawbacks, there’s no judge involved to rule on any of the issues.

You, your future-ex and both lawyers have to agree.

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