Just Divorce Financial Mediation Service
Financial mediation can cut through time, stress and help to maintain relationships. Contact us today.
The division of property is a challenging factor whenever a married or unmarried couple is considering divorce or separation. Without the involvement of an expert or mediator, this issue might escalate to unimaginable levels that may lead to prolonged court appearances. Such an occurrence is emotionally overwhelming, costly and time consuming for the parties involved. Just Divorce Mediation help people who are going through a divorce to overcome their financial difficulties by providing financial mediation services.
The Mediation Process
The initial step in financial mediation is called financial disclosure. The process involves identifying all the assets, mortgages, investments, and all insurance policies. Nothing is to be left out even if it’s pension, income or liabilities. The collection of financial information is a vital process because it forms the basis for conducting mediation. When we have all this information, we are able to do our assessment before we can begin the discussions. The good thing about the mediation process is that everybody is entitled to their opinion, and the mediator is a neutral party that is there to bring the two parties to a consensus. Mediation can take from two to four sessions; the time taken to make a decision highly depends on the ease or complexity of the situation.
Questions and Clarifications
Mediation Eliminates One-on-one Arguments
For people who are going through a divorce, almost every discussion ends up becoming an argument. These arguments are very unhealthy, especially if the couple has children who have to come into terms with the situation. Mediation provides a good ground to discuss financial issues without having to involve personal feelings. Once the two parties agree on the finances and property management, it becomes easier to complete the court process in the end.
Things That Will Be Discussed During Mediation
Besides the separation of property, people need to learn how to handle their finances going forward. Other things that will be discussed include:
No Winners or Losers
Everything discussed during financial mediation is confidential; it can only be shared with a third party if the two parties wish to do so. You can be assured that everything discussed in private is never known by anyone else.