When it comes to asset division during divorce, California follows the community property principle which states that any property or debts acquired by one or both partners over the course of a marriage is automatically considered jointly and equally owned by the couple as a single entity
A modern and practical approach to divorce, mediation offers LGBT couples many advantages such as time and cost-effectiveness, with few drawbacks. In fact, if mediation efforts prove fruitless and spouses find themselves at an impasse, they can always proceed to court later.
Mediation and collaborative divorce are types of Alternative Dispute Resolution (ADR). Both are increasingly popular choices among divorcing couples as they save time, money, and the emotional stress that is often inherent in a traditional adversarial, litigated divorce.
If you and your soon-to-be-ex spouse have agreed to a mediated divorce, you have chosen to negotiate terms that are mutually agreeable and, in the long term, more sustainable. Mediation is a process.
Chances are, when you decided to get married, you followed your heart. But if your marriage is ending, you will have to make decisions based less on feelings and more on facts and practicality.
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