How You Can Save Money with Collaborative Divorce

Ending a relationship can be a rather emotional and tough decision. After all, no one chooses to separate or divorce unless the relationship has become unbearable. Some separating couples are able simply come to terms, “shake hands”, and walk away; most cannot. If you do not have children or property, the process is much easier. However, when there are kids and assets/debts involved, generally the process gets more complicated. Then there are some cases, where the parties have high conflict and can’t agree on parenting time, division or assets/debts etc. Just because your issues are complicated or you have high conflict, does not mean you spend your life-savings in litigation.

A growing number of separating couples these days use Collaborative Divorce. In Collaborative Divorce, each party would have their own highly trained certified Collaborative lawyer to represent them. Both parties and their Collaborative lawyers sign a participation agreement giving their commitment not to go to court. The parties and their Collaboratively trained lawyers attend 4-Way meeting (2 parties and 2 lawyers) and try to resolve all outstanding issues between the parties. Most separating parties go through more than one of these meetings.

The main focus during these meetings is to have interest-based negotiations rather than positional negotiation. The parties and their Collaborative lawyers, during these meetings, can also determine whether they need any parenting counsellors for their children, divorce coaches for themselves, financial experts, etc. Any decisions are done by joint agreement of both parties. 96% of the couples choosing the Collaborative process, successfully end the process with a fully signed separation agreement in place.

Collaborative Divorce eases the emotional and financial challenges during a separation. Typically, Collaborative Divorce helps you save tens of thousands of dollars compared to litigation. If you choose the Collaborative process, your lawyer will not have to appear in multiple court appearances, prepare and review documents and evidence for court hearings and simply wait in court for your matter to be heard. Moreover, you can eliminate the emotional trauma of participating in conflicts, which is a huge part of any litigation proceeding. Divorce Coaches, in a Collaborative Divorce can help you to manage the conflict properly, which can otherwise bog you down for months or years at the expense of your relationships, employment, mental health, finances, etc.

Whether your separation or divorce costs you your life-savings depends on whether you have a Collaborative Divorce or not. If you are going through separation or divorce and need more information on Collaborative Divorce or need a Collaborative Divorce lawyer, contact Rahul Aggarwal at Clean Divorce in Vancouver for a FREE 20-minute initial consultation.

 

 

List of Initial Divorce To-Dos

Separation or Divorce is complicated. It can affect you in legally, financially and emotionally. Dividing property that a couple has acquired throughout their marriage can be one of the most contentious parts of a divorce or separation. Your divorce lawyer can help ease some of your financial and legal stresses by advocating for your interests.

Lawyers would often need a number of documents from you so they could provide you proper legal advice. It would save you time and legal fees if you are able to gather some documents mentioned below before meeting with your divorce lawyer. Being organized will not only save you money, it will also give your family lawyer a useful overview of the assets or debts likely at issue. The more information you give your lawyer, the better they can protect your needs and interests.

The following is a list of documents you should gather before meeting with divorce lawyer; however, given your circumstances your divorce lawyer may require additional documents:

Checklist of Documents to Gather for Your Divorce Lawyer

  • Income Tax Returns for the past three years. Sometimes these are also referred to as T1 General(s)
  • Notices of Assessment for the past three years
  • Business Income Tax Returns for the past three years. Sometimes these are also referred to as T2 General(s)
  • Proof of your current income (latest pay stub)
  • Proof of your spouse’s current income, if available
  • Latest bank statements for all your (and your spouse’s, if available) accounts
  • Latest statements for your (and your spouse’s, if available) mortgage account, credit cards and any other loans
  • Your (and your spouse’s, if available) pension statement(s)
  • RRSP, TFSA, or other Stock account statements
  • Property Assessment statements from the City
  • Monthly budget worksheet, if any
  • Life insurance policy(ies) statement(s)
  • Health insurance policy statement(s)
  • Personal property appraisals, if available
  • Real property appraisals, if available

 

If applicable

 

  • Prenuptial or cohabitation/marriage agreement that might have been signed during or before the relation
  • Documents regarding Family Trusts
  • List and proof of property owned by either party before cohabitation
  • List of property acquired by each spouse individually by gift or inheritance during the relationship
  • List of contents inside safety deposit boxes
  • Living Wills
  • Advance Health Care Directives

 

Every situation is different. Couples enter and leave relationships due to different circumstances and with different assets/debts. To ensure no assets or debts are overlooked, you should always have an open and frank discussion with your family lawyer regarding all of the assets and debts you and your spouse own.

Starting the Separation or Divorce Process

You may feel overwhelmed by all of the steps required if you are just beginning the divorce process. If you have children, the process can also be much more emotionally challenging. If you feel overwhelmed by your situation, rest assured, you are not alone and what you are experiencing is normal. Your family lawyer can guide you step by step on how to proceed in order to protect yourself, your child(ren) and maintain the sensitive family relationships.

 

If you or your loved one is going through separation or divorce, contact Rahul Aggarwal at Clean Divorce in Vancouver for a FREE 20-minute initial consultation.

Divorce With Minimal Stress – Choose Mediation

When people decide that they are going to get divorced, some just want to get it over with as fast as possible, and others are more motivated to save as much money as possible. Some couples can barely stand to be in the same room as each other, and others are able to remain friendly.  Some couples have children,  and others don’t.  Every situation is different.

It is often perceived that divorce has to be a battleground, with one of the two people coming out as the “winner”.  Fortunately, it doesn’t have to be always be seen as a competition.  If people want to resolve things peacefully and amicably, they can do so via mediation.

Mediation is becoming much more commonplace among divorcing couples.  Here’s why:

  • More opportunity to speak and be heard
  • Resolve issues via communication vs. fighting
  • Stay out of court and keep your divorce matters private
  • Children are protected from excessive conflict
  • Greater flexibility as to when and how you will meet – you could even conveniently have conference calls or Skype
  • Avoid costs of litigation
  • Save time
  • More flexibility to decide on the terms of the divorce settlement – you control the outcome
  • Connections to other important contacts such as divorce coaches, financial specialists, and child psychologists
  • More effective co-parenting after the divorce
  • Ability to consult with mediator in the event that you need them in the future, who knows your history

If this sounds like the perfect solution for your situation, and something you want to explore further, contact Rahul at Clean Divorce in New Westminster (serving the Lower Mainland) for a FREE 20-minute initial consultation.

 

How to Handle Anger that Arises from Separation and Divorce

If you are having a difficult time dealing with your spouse with regard to your separation, it may help to contact a mediator.  You may also find that choosing Collaborative Divorce over a court-based divorce can minimize the amount of hard feelings and anger towards each other. Contact Clean Divorce for a FREE 20-minute initial consultation on both of these.

There are so many different emotions that people go through during and after a separation or divorce.  It is such a huge life change, so it’s to be expected. In addition to feeling disappointment, hurt, and loss, there is also a lot of anger, which many people have a very difficult time dealing with.

Here are 5 strategies that can help you face your anger from separation and divorce in a healthier way:

1. Don’t deny your anger.

Addressing the fact that you are angry is a very positive step. Many people shut down when it comes to these hostile feelings, in hopes that they will just go away, but this usually just evolves into depression.  This anger can end up building up like a volcano – one that will eventually erupt – and that is not healthy for anyone.

It is a good exercise to ask yourself “What am I really angry about?” Make a list of all of the reasons and be very specific. Once you have done this, you can become clearer about how you can begin to let go of this anger and how much better that would feel.  The key is to try to understand your anger instead of feeding into it.  It can be really helpful to seek the help of a professional counsellor or attend anger management classes.

2. Realize that your anger can be the driving force to implement change.

Once you let go of all of the anger that you are carrying around, you can use all of that energy in more positive ways.  You can come up with a plan as to how you can better deal with future situations that stir these same feelings within you, instead of lashing out and letting them control you. We always learn best from experience, after all.  It really is your choice to hold onto the anger or let go of it.  You will be much happier if you choose the latter.

3. Don’t fear that you will lose control of your anger.

You may worry that if you face your anger and choose to let it go, that you will lose control of it.  The reality is that there probably is no basis to this concern.  Just be sure to find a safe and private place to express and vent your anger.  Ensure that you don’t take it out on anyone – especially if you have children.

4. Don’t be concerned about what other people will think.

No one knows what you are going through except you.  You have a right to express your feelings in any way, as long as you don’t harm anyone. People tend to be more embarrassed when it comes to showing their anger because it can be more frowned upon than showing sadness, for example.

5. Get regular exercise to release the stress.

The importance of exercise cannot be emphasized enough when it comes to dealing with stressful situations.  Go for a walk, a run, take a fitness class, or go to the gym.  Just do whatever you can get your heart pumping to help sweat the stress out of your system. Not only is exercise good for you physically…it is amazing for your mental health too.

Are you or someone you know contemplating separation or divorce? Call Rahul at Clean Divorce in New Westminster today.