How a collaborative agreement can help in a divorce case

How a collaborative agreement can help in a divorce case

| Feb 19, 2021 | Divorce |

Divorces are sometimes strongly contested cases when there is much to be gained or lost in a high-asset separation. Texas family court judges are commonly focused on dependent children when they are central to the divorce, especially when parents have the means to provide a good life, but a collaborative property agreement is a good sign. Even when children are not involved, it is better for divorcing spouses to work together on an agreement than to engage in a drawn-out court battle.

How negotiating a collaborative divorce agreement beforehand can help

The simplest divorce is when both spouses settle their differences regarding property division and child custody with a negotiated agreement. Mediation is actually encouraged by the Texas family court system, and prior agreements are almost always approved in decree when spouses and parents act responsibly within the law in filing for an end to their marriage. Every element of the divorce can be addressed informally and privately in mediation, which can be essential for many wealthy couples going forward with their lives after divorce.

Another advantage of a collaborative divorce can be the long-term impact on the family after the fact. Marriages may end, but the family continues when there are children involved. Even adult children could be affected when they are in line for inheritance in the event of a untimely death. Being prepared for any calamity is invaluable for any wealthy family.

Avoiding a judge’s decree

High-asset divorce attorneys in Texas understand that a divorce order could produce an unwanted outcome following contested litigation. With a collaborative divorce, this possibility may be avoided before the case even goes to court.