Instead of battling
over the division of marital assets, the parties to a collaborative divorce may hire an accountant, financial planner or other consultant to review the marital estate and make recommendations regarding the equitable distribution of debts and assets.
The costs of marriage break down are extensive; existing debt, disputes
over division of marital assets, mounting legal fees, lost time from work, lost wages, emotional trauma etc..
Not exact matches
Although the laws
of the state
of Michigan do not specifically favor men
over women in divorce proceedings, it is easy to see why many women feel that they have an uphill climb when it comes to an equitable
division of marital assets.
Where one takes
over child - rearing responsibilities that would otherwise have to be paid for or shared by a spouse, he or she is still seen as contributing to the family's economic well - being, and this may have an effect on family
asset division in the case
of marital breakdown.
Mediation is particularly appropriate and effective in family disputes and can assist resolve differences which occur during
marital breakdown, contact disputes, custody issues, disagreements
over the
division of assets and all kinds
of issues that can arise in the family arena.