Divorce Finances: How Much Guidance Can Our Mediator Give Us?
Your divorce finances can monopolize a good portion of the energy and resources you put into your divorce. Dividing your marital property and arranging for child support and alimony can be tedious and unpleasant tasks. Many spouses enter into this specific part of divorce apprehensive of the outcome. They may fear that they will be left without enough to live off of or left paying more than they can manage.
Divorce mediation is often beneficial in these situations where fine lines between what is reasonable and what is not can be hashed out between the two people it matters to most, the spouses. When it comes to dealing with your divorce finances in mediation, you may be wondering in what capacity the mediator will help you. This is a good question because an experienced mediator can assist you with working out the financial arrangements for your settlement.
The mediator can help by providing you the information necessary to make sound legal decisions about your divorce finances. Massachusetts divorce law is complex but also flexible to some extent. Massachusetts follows the principle of equitable distribution when dividing assets and debts in a divorce. This is the principle a Probate and Family Court judge would use when making decisions in your case. Equitable distribution simply means a fair division. The judge will need to review your agreement for fairness even if you and your spouse agree on it. Fairness will vary widely from case to case, and so the information your mediator will provide to you is crucial to helping you and your spouse work out an agreement both you and the judge finds fair.
Consult with a Massachusetts divorce mediator who is highly experienced in divorce financials if you have questions about handling your finances.
Mediation is well suited to handling the financial side of divorce, and a skilled mediator will be able to provide you with the knowledge and guidance needed to work out your finances on your own.
If you have questions about divorce finances, contact Mediation Advantage Services for expert help. Experienced in divorce mediation, Polly A. Tatum can provide you with the information and guidance you need to make effective decisions about your finances. Based in historic Worcester with a satellite office in Northboro, MA, our firm serves all cities and towns throughout Massachusetts and Worcester County including, Auburn, Paxton, Leicester, Sutton, Grafton, Shrewsbury, Westboro, Northboro, Southboro, Holden, Sterling, Princeton, Worcester, Charlton, Millbury, Dudley, Spencer, Brookfield, Sudbury, Natick, Framingham, Hopkinton, Milford, Blackstone, Leominster, Fitchburg, Acton, Jefferson, Barre, Oakham, Cambridge, Newton, Marlboro, Lancaster, Bolton, and Hudson. Call our office at (508) 795-1557, fill out our online form, today to schedule your Complimentary Mediation Success Planning Session.
You can also sign up for our eNewsletter or download our free e-book for more information regarding divorce in Massachusetts.