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Edmonton and area Collaborative Practice News and Information
Learn more about collaborative practice in Edmonton and area with articles written by our collaborative lawyers, financial specialists, and family specialists.
Avoid the “Prisoner’s Dilemma” in your separation(1/18/2024)-The Prisoner’s Dilemma is a simple yet powerful thought experiment. Imagine two people, let’s call them Alice and Bob, who are accused of committing a crime together. They are arrested and placed in separate cells with no way to communicate. The police don’t have enough evidence to convict them of the main crime, but they […]
Fair Settlement(5/3/2023)-When asked what they are looking for in settlement negotiations, clients will often say they want a “fair” settlement. But what does it mean for a settlement to be fair? The Dictionary is not particularly helpful in defining fairness. Dictionary.com defines the adjective fair as “free from bias, dishonesty or injustice”. The Collins English Dictionary […]
Neutral Financial Experts Save You Money(4/26/2023)-When going through a Collaborative Family Law (CFL) process, it is important to have a team of professionals to support both parties in reaching a fair and equitable settlement. One key member of this team is the neutral financial professional. A neutral financial professional is an expert who provides financial analysis, advice, and support to […]
Stay in Control of Your Process(4/19/2023)-Divorce is a challenging time that can be emotionally overwhelming for everyone involved. The process can become even more complicated when there are disputes over property, finances, and child custody. However, choosing a collaborative law approach to divorce can help couples regain control of the process and the agenda items. In this blog post, we […]
2023 Introductory Collaborative Course(4/11/2023)-Collaborative Family Law is quickly becoming the preferred method for resolving family law issues in Alberta. If you are convinced there is a better way to resolve domestic matters than litigation, then this is the course for you! This is the first of three courses that you will need to get your official designation as […]
Take Tax Into Account When Dividing Assets(3/15/2023)-Divorce or separation can be an emotional and challenging time, and one of the most complicated aspects is dividing assets. Registered investments, such as pensions, RRSPs, and LIRAs, are often a significant part of a couple’s financial picture, and understanding how to divide them can be confusing. Registered investments have special tax considerations. More specifically, […]
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Edmonton and area Collaborative Practice News and Information
Avoid the “Prisoner’s Dilemma” in your separation
James Samaroden| January 18, 2024
The Prisoner’s Dilemma is a simple yet powerful thought experiment. Imagine two people, let’s call them Alice and Bob, who are accused of committing a crime together. They are arrested and placed in separate cells with no way to communicate.
When going through a Collaborative Family Law (CFL) process, it is important to have a team of professionals to support both parties in reaching a fair and equitable settlement. One key member of this team is the neutral financial professional.