I found this interesting article on Babygaga.com about "parallel parenting" as opposed to co-parenting. The jist of it is that parallel parenting is ideal in cases where the parents to a child engage in a more business like relationship when it comes to parenting. Co-parenting is only possible when the two parents involved can communicate and work together on a mutually agreed upon parenting plan. When communication and collaboration are not possible, parallel parenting is the next best thing. Read more about parallel parenting here.
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