Financial Settlements
Money can often be contentious. A mediator can assist you to find common ground in the division of assets. Our mediators give you worksheets and spreadsheets to help you build a balance sheet, understand cash flow implications, and the implications of asset division. Often, other professionals can be utilized to gather and understand financial information and concerns. These professionals may include a Certified Divorce Financial Analyst, a mortgage broker, a realtor, an investment broker, and a CPA or tax professional.
In mediation, many creative solutions can be found dealing with assets and debts. Today, the challenge of the housing market leads to many couples retaining the house after the divorce for a period of time until one of the parties can refinance on his/her own. Measures are written into the final documents to spell out special provisions and agreements protecting each party. Debt load and disbursement can be a large concern. Options are explored and sought before any documents freeze assets and debts by filing with the courts. In mediation, all agreements are reached and sometimes acted upon before filing. This often allows alternative options that could not be considered otherwise.
Below our helpful documents to bring to mediation:
Financial Spreadsheet Excel Document
