If you and your partner are looking for a peaceful way to work through your divorce, mediation could be an option to consider. However, sometimes clients aren’t entirely clear on how the process works.
With mediation, you and your spouse will have more control over decisions around child support, alimony, and dividing assets and debt. It’s also a more efficient and cost-effective approach to finalizing your divorce.
You’ll typically meet with a neutral mediator two to three times over three to four months. During your first meeting, the mediator will work with you to clearly understand your financial situation and address any concerns you have regarding asset division, child custody, and debt allocation.
They’ll help you evaluate the necessary forms, understand the mediation process, and identify areas requiring attention. You’ll also determine the data that needs to be collected and exchanged. It is important for both of you to remain transparent throughout the mediation process.
If you need additional guidance and advice outside of the mediation sessions, you can consult with an attorney who can act as a “consulting advisor.” They won’t participate directly in the mediation sessions, but they can provide you with support and knowledge behind the scenes.
Between meetings, you and your partner will compile all financial records and expert opinions from appraisers or accountants if necessary. You’ll review this information with your attorneys and decide how to handle and distribute your assets. And the best part? You won’t need to appear in court, which can save you time, money, and emotional stress.
All in all, choosing mediation over traditional divorce proceedings can help make the process easier.
Mediation and the collaborative divorce process are the best vehicles to use when looking for the least contentious process.
A Better DivorceTM is an interdisciplinary group of professionals committed to non-court, non-confrontational solutions for family law matters.
Note: This information is general in nature and should not be construed as legal/financial/tax/or mental health advice. You should work with your attorney, financial, mental health or tax professional to determine what will work best for your situation.