If you plan to divorce, you may wonder what mediation involves. Divorce mediation is a process where a neutral third party helps divorcing couples reach agreements without going to court.
Mediation can help resolve several common issues and has many tangible benefits.
1. Division of assets
One of the main issues in divorce is dividing assets acquired during the marriage, such as property, savings, investments and retirement accounts. Mediation can assist couples in reaching fair and equitable agreements regarding the division of these assets.
2. Child custody and visitation
Child custody and visitation arrangements can be emotionally charged and complex. Mediation allows parents to discuss and negotiate custody schedules, visitation rights and decision-making responsibilities in a cooperative and child-centered manner.
3. Child support
Determining child support obligations involves considering factors such as each parent’s income, the child’s needs and the standard of living during the marriage. Mediation can help parents reach agreements on child support payments that meet the child’s financial needs while considering each parent’s financial circumstances.
4. Spousal support
Mediation allows couples to discuss and negotiate spousal support arrangements based on factors such as the length of the marriage, each spouse’s earning capacity and financial contributions during the marriage.
5. Parenting plans
A parenting plan outlines how couples will co-parent their children after divorce. Mediation helps parents develop comprehensive and practical parenting plans that prioritize the children’s best interests and promote positive co-parenting relationships.
6. Emotional hurdles
Divorce mediation focuses on effective communication and conflict resolution. Couples can navigate the emotional challenges of divorce more smoothly, and any issues they have are kept private.
7. Debt division
In addition to dividing assets, couples must also address the division of debts incurred during the marriage, such as mortgages, loans and credit card debt. Mediation enables couples to discuss and allocate debts fairly.
Divorce mediation offers a constructive approach for couples navigating the complexities of divorce. By providing a neutral and cooperative environment, mediation can help couples solve issues amicably in a shorter time and, typically, for less cost than traditional litigation.
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