The Collaborative Law Divorce Process

Georgetown, Texas, Collaborative Family Law Attorney

Collaborative divorce allows couples to work together to reach mutually agreeable divorce terms. Consequently, collaborative divorce allows you and your ex-spouse to decide important matters in regard to child custody and the division of marital property without having a judge dictate terms to you. Here, couples can decide how assets will be divided, how marital debt will be taken care of, and what sort of child custody and parenting time schedule works best for them. While divorce terms are still subject to approval by the court, collaborative divorce empowers couples to create a divorce settlement that works best for everyone involved, avoiding angry, costly, and protracted divorce battles in court. At the family law office of Lori Watson, we counsel and represent clients interested in a collaborative law divorce.

If you are interested in learning more about collaborative divorce, contact divorce lawyer Lori Watson today to schedule an appointment and learn how we can help you.

Williamson County Divorce and Property Division Attorney: Choosing the Terms of Your Divorce

Collaborative divorce provides a forum for settling issues related to the following in finalizing the terms of your divorce:

  • Division of marital property and assets
  • Exchanging the marital home for exemption of retirement funds from marital property division
  • Settling of marital debt - who pays what
  • Determining child custody arrangements
  • Creating a parenting plan
  • Provides solutions that minimize the need for post-divorce modifications and enforcement actions

The Collaborative Family Law Divorce Process - What is Involved

Both husband and wife have to agree to participate in the collaborative process. Each spouse must retain his or her own lawyer. Also involved will be a mental health professional and, if needed, a financial counselor. Both spouses are required to make a full financial disclosure of their assets and debts. Once the collaborative family law team is assembled, the parties begin discussing the terms for their divorce.

The mental health professional is in charge of running the meetings but is primarily used to help with communication, underscoring the rights and duties of parents, and helping with issues that might arise in connection to a couple's children. The financial planner is on hand to assist with financial questions, budgets, spreadsheets and valuing and tracing assets and debts.

Throughout the collaborative process, the couple will reach mutually agreeable terms for dividing marital assets, debts, property, assigning custody, paying for health coverage, parenting time, etc. The law in Texas allows couples to be creative. This is especially important in the division of marital property and in the assignment of custody and visitation rights. Here, couples can negotiate how to divide marital property while making sure marital debt is paid off as well. This is especially important for protecting your credit and beginning life after divorce.

Contact a Texas Collaborative Family Law Attorney To Discuss Reaching Mutually Agreeable Divorce Settlement Terms

There are a number of advantages to settling your divorce through the collaborative law process. If you and your spouse are willing to sit down and talk, contact Georgetown, Texas, collaborative family law attorney Lori Watson today to schedule an appointment and learn how we can help you.

Clients say : " I am the single mother of a 5 year old child. Our situation is somewhat complicated because my daughter’s father and I were never married and he lives out of state. My daughter has never lived with her father which has made it difficult for the two of them to form a strong parent/child relationship. I had an attorney, whom at the time was not practicing family law." read more >>