Marriage is more than a legal relationship. It is a union of finances as well. If you plan to divorce, untangling your finances is a large part of the battle. Divorce is one of the most financially traumatic things a couple can go through makes. 1. Make copies of all credit card statements, bank statements and three years of tax returns. 2. Identify all marital debts. Pull credit report to ensure that you are aware of all outstanding debt. 3. Value all assets, if possible. Remember, assets are ultimately worth what someone is willing to pay for them. And the only way to...Read More
Category Archives: Divorce
The Benefits of Divorce Mediation in Florida
It is universally agreed that when possible, allowing parties to make their own decisions that impact their own family with the assistance of a family mediator is much better than having a judge tell everybody what to do. Without question, the greatest benefit to the divorce mediation process is that it gives the parties involved a chance to resolve their case by themselves, without submitting their case to a third party judge whom they barely know. The divorce mediation process, because it is a negotiation, gives the parties a chance to seek a win-win resolution or to come up with...Read More
The Importance of Full Financial Disclosure in Divorce Mediation
In almost all divorce cases in Florida, an agreement that’s reached in mediation will be binding upon the parties. This is true even if the agreement is unfair and even if the agreement is grossly unfair. Parties in mediation are required to have exchanged full and fair disclosure, complete financial affidavits, and in some cases seek the advice of attorneys. Florida is a contract state. A contract that is fulfilled with full financial disclosure with or even without the advice and consent of attorneys is one that’s probably will not be set aside. This is true even if one of...Read More
Expect to Mediate Your Divorce in South Florida
The purpose of divorce meditation is simply to attempt to broker an agreement with the divorcing couple regarding some, if not all, of the issues in a divorce. Mediation allows the divorce couples to resolve temporary and permanent issues. In the best cases, the parties enter divorce mediation and get a global settlement. That means all issues are permanently resolved. When this happens in a mediation, the mediator with the help of their attorneys, if they are represented, will start boiling down the agreement. As Florida’s a contract state, if all the issues are resolved and signed off on by...Read More
The Divorce Mediation Process?
Divorce mediation can happen over a series of meetings or in just one. Most of the time divorce mediation is starts with one meeting for four or eight hours, and if needed the parties agree to continue to another mediation at another date and time. Mediation takes place with the parties with and without attorneys. In some cases, mediators prefer to start the mediation caucused. That means, they prefer to start with one party in one room, and the other party in the other room. In some cases it’ll be appropriate to bring everybody together; in other cases the husband-and-wife...Read More