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Collaboration can yield property division advantages

For those in Pennsylvania who are going through a divorce, it is important to understand all available options in the beginning stages of that process. While most spouses are familiar with a traditional litigation approach, they may not be aware of the advantages available through collaborative law. A collaborative divorce is simply one in which both parties agree to work together to reach an agreement outside of court. For many families, there are a number of property division advantages that come with a collaborative divorce.

When a couple turns to the court to resolve the financial aspects of their divorce, a great deal of personal and financial information is made available to the public. For some, having such sensitive information revealed to any interested party is simply not acceptable. Identity theft and other types of financial fraud are serious concerns, especially among individuals and businesses that have amassed a certain degree of wealth.

Collaboration offers a far more private means of achieving a divorce. Through collaboration, spouses are able to negotiate the details of their property division settlement on their own, in a private setting. That means that less information is placed in the public record, allowing both spouses a higher degree of privacy.

It is important to understand that collaboration does not mean yielding one's right to protect his or her own best interests. Both spouses will retain independent legal counsel, who are there to advise them on the pros and cons of various property division choices. The only difference is that parties move forward in the process with a shared commitment to work together, as opposed to traditional litigation which places Pennsylvania spouses in an adversarial stance.

Source: news-journalonline.com, "Gentler, kinder collaborative divorce rules get approval in Florida", Frank Fernandez, Aug. 27, 2017

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