Not exact matches
Financial information relating to
assets, debt, income and expenses is gathered, documented, valued as needed and the couple's
preferences in
division are discussed and noted.
Tasks: • Gather financial information: o Document
assets, debt, income and expense o Value
assets and debt o Document and value potential separate property o Identify each party's initial
preferences for
asset and debt
division o Note any outstanding issues • Develop emotional background: o Family dynamics o Emotional state of each person o Interests • Develop parenting plan: o Identify each person's initial parenting plan
preferences o Note any outstanding issues
Typical Timeline: • Team phone conference before each joint meeting to prepare agenda, discuss status • 6 way meeting for neutral coach to present parenting plan
preferences and neutral financial to present
asset and debt documentation, valuation and
preferences, discuss unresolved issues • 3 way meeting between each Collaborative attorney and client to analyze financial information in detail and • 6 way meeting to resolve outstanding parenting plan and
asset division issues by developing options and negotiating final resolution • 6 way meeting to discuss future income and expenses estimates, develop child and spousal support options and review financial projections • Resolve support issues and negotiate final solutions • Team debriefings after each meeting • Coach prepares and circulate summary after each joint meeting
To Do: • Review couple's parenting plan
preferences • Discuss unresolved parenting plan issues and create options • Resolve parenting plan issues and negotiate solutions from options • Review documentation and valuation of couple's
assets and debt and
preferences • Discuss unresolved
asset and debt
division issues and create options • Resolve
asset and debt
division issues and negotiate solutions from options • Review couple's estimated future income and expenses • Discuss unresolved issues, develop options for child and spousal support and review financial projections based on various options • Resolve support issues and negotiate solutions from options