Family Law Mediation is an exceptional alternative to courtroom litigation and a great way to resolve matrimonial disputes. As such, it may be helpful for you and your soon-to-be ex-spouse.
During Mediation, a mediator or a family lawyer works with you and your partner to agree on a mutually beneficial settlement. This method gives you control of the outcome. Important topics such as spousal and child support, child custody, and property division can be addressed and resolved. A family lawyer can guide and support you through this life-changing process and ensure you understand your rights and obligations clearly. Apply the following tips during your mediation to increase your chances of success.
Have an Open Mind
Going through a divorce can stir up a whirlwind of emotions. However, it is essential that you and your spouse enter into the mediation process with an open and rational mindset. By avoiding hostility and prioritizing amicability, you can make room for new ideas, creative problem-solving, and fairness in the settlement.
Identify Your Goals
Mediation involves compromise and negotiation; therefore, it is important to identify your non-negotiables at the outset. Once you have pinpointed your priorities, your family lawyer can assist you in staying focused on achieving your objectives and properly evaluate any trade-offs or concessions that may arise during the mediation process with your partner.
Prepare Documentation
Sourcing and assembling all required documentation beforehand can help facilitate a productive negotiation. Your family lawyer can provide a document checklist outlining the required materials. It may include financial statements, documents relating to your children or business, proof of earnings, and debt obligations. Your family lawyer will review each document carefully and ensure that your rights are protected.
Make a Budget
A budget is essential because it provides a clear breakdown of income, expenses, assets, and liabilities. Creating a budget ensures that both parties have a realistic understanding of their financial needs and limitations. This information is critical to making informed decisions about dividing property and debts and negotiating spousal and child support. It also aids in financial planning, decision-making, and dispute resolution for post-divorce financial matters.
Identify Your Financial Obligations and Assets
The mediation process can assist in dividing marital assets and liabilities. So, you should create a comprehensive list of the quantity and value of all jointly owned possessions. This ensures that everything is accounted for and an equitable settlement can be drafted that is satisfactory for both parties. The list should include – but is not limited to – the following:
- Real estate
- Investments
- Life insurance policies
- Bank accounts
- Mortgages
- Credit card debts
- Loans
Contact a Successful Family Law Mediator or Family Lawyer
Divorce and separation can be emotionally challenging for both spouses, as well as children and relatives. A family lawyer can alleviate some of this burden by ensuring the mediation process goes smoothly. By strategizing and delivering outcomes that meet your needs, a skilled family lawyer can improve the outcome of your case. Their expertise ensures your rights are protected and you achieve a favorable resolution to your divorce.
Consult With a Family Lawyer in Oakville, ON
Family Law Mediation is an excellent alternative to litigation. It is more cost-effective and confidential, and both parties assist in determining the outcome. Geoff Carpenter is uniquely skilled in mediation, arbitration, and family law – an advantage when navigating the mediation process and its complexities.
Call Carpenter Family Law today at 905-842-0635 or complete our contact form to request a consultation.