HOME
DIVORCE DOES NOT HAVE TO BE AN EXPENSIVE & EXHAUSTING BATTLE FOR YOU & YOUR FAMILY
Financial Mediator Scrabble with Divorce, Money, Debt Spelled Out
No matter how commonplace divorce may seem, it is an emotionally challenging process for everyone involved. Equitably dividing assets after years of marriage and planning for a new financial future should be approached thoughtfully, not under duress. During this time, divorcing couples often experience unprecedented stress, juggling work, children, and busy schedules.
Under such duress, sound financial analysis and settlement decisions can be compromised, leading to poor choices that affect future financial stability. While you can navigate the emotional and legal aspects of divorce, you must also live with the financial decisions you make. It’s essential to analyze your financial future before signing any agreements. I am trained to assist with the complex financial aspects of divorce. Too often, a settlement that seems fair initially may prove to be inequitable later on.
Each spouse must clearly understand the positives and negatives of their financial decisions today and their future implications. If children are involved, maintaining a respectful relationship is crucial. Wouldn't it be better to avoid turmoil and negativity during this transition? Consider mediation as a viable option; if it doesn't work, litigation is always available—but hopefully, it won't come to that.
Financial Marital Settlement Agreement and Mediation Tools
Mediation is ideal for couples who wish to save money, avoid depleting their children’s college fund or retirement savings, maintain a decent relationship post-divorce, and ensure the process remains non-adversarial and confidential. It empowers couples to make their own decisions regarding the outcome.
However, mediation is not suitable for spouses unwilling to dissolve their marriage, those who are hiding assets, or situations involving drug or alcohol addiction, or domestic violence.
Services
Benefits of Mediation
- Less expensive
- Less adversarial for families
- More time-efficient
- Higher likelihood of following through with the agreed-upon settlement
Mediation and Finance
Understanding all assets, liabilities, income, and monthly expenses before and after the divorce is crucial. Identifying these elements ensures that the final agreement is reasonable and fair for both parties before signing any legal documents.
Financial Components
It is essential to evaluate both community (marital) property and any separate property that may exist. For instance, did one spouse bring assets into the marriage?
Post-Divorce Support
Often, one spouse manages family finances, leaving the other with little experience or confidence. If you need assistance navigating your new single life, please see the link below.
Divorce Financials
Listen to the McAleer/Caporaso Show:
In this podcast with UCI (University of California, Irvine) radio talk show host, Karen discusses crucial financial issues women should consider during a divorce.
Next Steps...
To schedule an appointment please call; 949-527-5171 (949-KAR-5171)
I am happy to chat with you briefly on the phone without charge so you can decide if my services are appropriate for you before making an appointment.