Collaborative Divorce

As a means to avoid the potential negative aspects of divorce litigation, many couples are considering the principles of Collaborative Divorce Practice to settle issues arising from the dissolution of their marriage. The primary goal of Collaborative Practice is to settle, in a non-adversarial manner, the issues of the parties’ separation and dissolution of their marriage. Each party retains counsel of his or her choice who acts as an advocate for their client in the collaborative model. The goal is to reach a fair and reasonable settlement for that addresses each party’s needs, without resorting to litigation. Typically, all professionals (e.g., attorneys, financial and business valuation and mental health specialists) work together on key issues and are required to be trained in Collaborative Practice.

When a closely-held business is part of the marital estate, a business valuation will be required. In most cases, the non-business owner spouse may not have equal access to or knowledge of the financial details of the business. In such cases, PVG has successfully served as the business valuation neutral. Our Collaboratively trained professionals work closely with which each spouse; their attorneys and other Collaborative professionals to ensure all factors are considered and communicated in an open, objective manner. The end result is an unbiased, fair valuation that can help resolve important financial issues during the Collaborative Divorce process.