One of the mistakes many make when divorcing is that they will try to end the process as quickly as possible. As a result, they may end up with fewer assets and unfair terms when determining how to split child custody, property, or debt. However, one way to avoid this is through a collaborative divorce. If you’re unsure why you should consider this option, you’ll want to keep reading. You’ll also discover how a Suffolk County divorce attorney can help you navigate this process.
What Is a Collaborative Divorce?
A collaborative divorce is the complete opposite of what many think of when they picture a divorce. Whereas many will assume those going through a divorce only speak through their attorneys and do everything possible to spite their partner. While this is unfortunate for many, it is not always the case. In fact, many couples will benefit from working together with their spouse.
When discussing how you’d like to go about separating, you and your partner should consider a collaborative approach. Not only does it give you more control over the outcome of your separation, but it allows you to save time and money in the process.
Are There Any Financial Benefits?
One of the main benefits of a collaborative approach to divorce is that you have the opportunity to save a significant amount of money. When you engage in a highly contentious courtroom divorce, you’ll discover that it can rack up courtroom fees and lost income when you need to take time off work. Avoiding a courtroom when possible can help you evade these unnecessary fees.
It’s also essential to understand that working with a neutral third-party representative, like a mediator, can help you navigate the process of dividing your assets between yourselves. If you choose to go through the court, you’ll need to argue your sides for mere minutes in front of a judge. They will determine how to divide your assets according to New York’s equitable distribution laws, which can leave both spouses feeling as if their share is unfair. Instead, a collaborative approach allows both parties to feel in control of their finances.
Do I Still Need a Lawyer?
Unfortunately, many think they can navigate the divorce process without the assistance of an attorney because they are on speaking teams with their spouse. Even if you and your spouse have agreed to work things out amicably, you’ll still want to enlist the assistance of an experienced attorney to help ensure you receive a fair number of assets.
At Peter V. Mandi & Associates, our dedicated legal team will do everything possible to help ensure you have all the information you need to make the most informed decisions regarding your divorce. Contact us today to discuss the details of your case with a competent attorney.