Can the collaborative model be used if there is a business involved?
Amy Zylman Shimalla’s Answer:
If the parties own a business, we involve a collaboratively trained forensic accountant to value the business. They do so without a full-blown, detailed, report as is necessary for litigation, but rather with worksheets that they present to the parties and counsel at a face to face meeting. The accountants meet with each party and do the same review they would in a litigated case, but in a more transparent, concise manner. Many of the most well-known forensic accountants in New Jersey have taken the collaborative training and work very well in the process.
Other Videos on Collaborative Divorce:
- How does Collaborative Divorce work?
- Can the collaborative model be used if there is a business involved?
- Are there any advantages to using a collaborative process rather than litigation for high-net-worth cases?
- Why do the parties have to retain new lawyers if they decide to move from the collaborative process to litigation?
- If a couple is in litigation, is it too late to proceed in a collaborative divorce?
- How long does collaborative divorce typically take? Does it usually require multiple sessions?
- What makes a couple ideal candidates for collaborative divorce?
- Is it possible to achieve resolution via collaborative divorce for a high-conflict couple?
- What are the pros and cons of collaborative divorce?