Collaborative divorce has become a popular alternative to traditional divorce proceedings in recent years. Unlike traditional divorce, collaborative divorce encourages both parties to work together to reach an amicable agreement. Collaborative divorce can be less stressful, less expensive, and more beneficial for any children involved in the divorce.
One of the most important aspects of a collaborative divorce is the collaborative divorce agreement. This agreement outlines the terms of the divorce and is signed by both parties, their attorneys, and any other necessary parties. The agreement is a legally binding document that determines the division of assets, child custody arrangements, and other important issues.
If you are going through a collaborative divorce, you may be wondering what a collaborative divorce agreement looks like. Below is an example of a collaborative divorce agreement that may provide some insight:
Collaborative Divorce Agreement
This collaborative divorce agreement (“Agreement”) is made and entered into this [insert date] by and between [insert name of spouse 1] (“Spouse 1”) and [insert name of spouse 2] (“Spouse 2”).
Collaborative Divorce Process
Both parties agree to participate in a collaborative divorce process, which involves working together to reach an amicable agreement on all issues related to the divorce. The parties agree to be open and honest with each other, to listen to each other’s concerns, and to work together in good faith.
Child Custody and Support
Both parties agree to share joint legal custody of their minor children, [insert names of children]. The parties agree to work together to make decisions regarding the children’s education, healthcare, and wellbeing. Both parties agree to share parenting time equally, with [insert details of parenting schedule].
Both parties agree to pay child support in accordance with the state’s child support guidelines. [Insert details of child support amount and payment schedule].
Division of Assets and Liabilities
The parties agree to divide all marital assets and liabilities in a fair and equitable manner. [Insert details of how assets and liabilities will be divided].
Spousal Support
Neither party shall be entitled to spousal support.
Confidentiality
Both parties agree to keep all discussions, documents, and other information related to the collaborative divorce process confidential. The parties agree not to disclose any information to anyone outside of the collaborative divorce process without first obtaining written consent from the other party.
Finality
This Agreement is binding upon both parties and may only be modified in writing signed by both parties. This Agreement represents the entire understanding of the parties and supersedes all prior negotiations, understandings, and agreements.
In conclusion, a collaborative divorce agreement is a crucial document that outlines the important terms of a divorce. Working together with your spouse and their attorneys can create a more beneficial outcome for both parties and any children involved in the divorce. With this sample agreement, you can start the collaborative divorce process with a better understanding of what to expect from the agreement portion.