Uncoupling financially from a partner can be extremely difficult. To make future plans you need a solid base of accurate information so that realistic decisions can be made. Capital and maintenance need to be taken into account- and any support for the children. Mediation really helps find a way through.
Financial matters need to be considered by the court as part of the divorce or civil partnership dissolution. Making sure that both parties are treated fairly, that all the information is available, and a proportionate division of assets, pensions, debts and all other associated household items can be mediated.
Looking at pensions, mortgages, debts, and savings investments and all other associated financial issues can be done in mediation, and can be very effectively done in mediation.
Finances are often difficult. It's rare for people to have too much money. Far more common is the mutual realisation that there is simply not enough money for each person to achieve what they would wish. In the mediation process all of the finances are scrutinised by you individually. There is full disclosure of your financial situation and you can then use the mediation sessions to work out what is an acceptable solution.
Mediation can help reduce the cost of coming to an agreement. It is important that financial matters are considered by each party’s legal representative. The involvement of solicitors can be invaluable for parties separating with the benefit of mediation. Working together with solicitors, if they are instructed, and finding an agreement that suits the couple, but is also going to be acceptable to the court can be an important part of the process.
Whilst as a mediator I cannot give legal advice, it's perfectly acceptable, and indeed expected, to give legal information. Understanding how the court will consider assets of the relationship can really help people come to an agreement about division.
Any agreements reached can be made into a Consent Orders, with the assistance of court and lawyers. One of the many advantages for you is that the arrangements made are the ones that you have decided upon. They haven't been imposed by a court or judge, and in mediation you have the power to determine the outcome.
The process used during Target Mediation sessions is designed specifically to facilitate realistic settlements.
To find out more about how I can help, please call me on 0333 772 9763 or use the Contact Form, and I'll be in touch.
'The first time I spoke to John I put the phone down thinking I’d just spoken to a friend, not a solicitor that I had never met. Throughout, John communicated to me on my level and was always clear, easy to understand and prepared to explain his reasoning.'MW