The property division process during a divorce can be one of the most difficult aspects of leaving the marriage. Each party likely has an idea of what they want to walk away with. When both adults agree on this, the process is easy. When you both want to the same assets, there can be a problem.
For many people, working through the property division matters through mediation is preferable to having to let the court decide who is going to get what. During the mediation process, you and your ex work together to negotiate a settlement. Since you have a say in what you are going to walk away with, you can try to work out something that is beneficial to you both. Nobody is disadvantaged during mediation because you both must agree to the final division of property.
When you are dividing the assets, you need to have an accurate account of what’s part of the marriage. You also need to know what debts must be paid because these aren’t going to go away just because you are divorcing. We know that this is an important consideration because no one wants to leave a marriage in debt.
As you prepare for the divorce, make sure that you are thinking about the financial implications of each decision you make. Some aspects of your divorce can impact you well into the future, so don’t become focused on the short-term that you forget about this. We can help you to explore the options that you have throughout the divorce. We want to ensure your interests are protected from start to finish during your divorce.