The decision to obtain a divorce is rarely one that is taken lightly. Not only can the divorce process be stressful, but the end results can also significantly impact the lives of each spouse, as well as children if they are present.
Additionally, divorce can have repercussions on businesses, property and financial interests. Fortunately, there are ways to make the divorce process easier. Engaging in a collaborative divorce could be a feasible option for you.
However, there are many myths in circulation about this process. Debunking these myths could assist you in making a decision that is in your best interests. Outlined below are three common misconceptions about collaborative divorce.
Financial assets can be hidden
Although a collaborative divorce does not have the same formal discovery process of traditional procedures, financial assets must still be disclosed. In collaborative proceedings, a neutral financial specialist will typically oversee the disclosure of financial assets. Additionally, they may be able to assist with any queries during the distribution of financial assets.
Collaborative divorce is only for spouses who agree on everything
Virtually every divorce will involve at least minor disagreements between spouses. In more traditional procedures, the courts will tend to settle disputes that spouses have been unable to resolve themselves. Interestingly, couples often report that the collaborative process facilitates dispute resolution because more flexible arrangements (that a court may not have entertained) can be established.
Child custody arrangements must be settled by the courts
Another common misconception is that collaborative divorce is only available to couples who do not have children. Nonetheless, this is not necessarily the case. Again, neutral specialists are often utilized to come up with parenting plans that suit the needs of both parents and children.
Separating myth from reality with regards to collaborative divorce could be in your best interests. As a spouse in Iowa, it is also important to remember that you are legally protected.