There can be many benefits to working through a difficult divorce in the collaborative process. Benefits of the collaborative process include:
• Dividing the wealth of the family in a way that doesn't destroy the source of that wealth or the family members in the process.
• Providing the parties and their business with a more private and confidential atmosphere than the traditional litigation process.
• Helping the parties reach financial solutions that are thoughtfully custom crafted to meet the needs of the family's business interests as well as the parties interests versus a “one-size fits all” approach.
• Legal fees and professional expenses are more efficiently used, fees are spent solely on settlement efforts and not on procedural, evidentiary and other legal technicalities required in the litigation process - the process is far less expensive than contested litigation.
• Settlement conferences and meetings are scheduled when convenient for the parties instead of being centered around the lawyers schedule and the court’s busy docket.
• The collaborative process is less disruptive to the business person and their staff, clients and investors.
• The process can take weeks or months to accomplish a resolution versus years in the litigation process.
For more information for divorcing couples in Nashville and middle Tennessee please see: http://www.dvlawfirm.com/family/collaborative-family-practice
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