When you are facing the end of your marriage, you likely have concerns about how this step will impact your financial future in Florida. While it will certainly affect your finances, there are ways that you can pursue a settlement that allows you to have stability and security long into the future. One of ways that you can do this is to choose to mediate your divorce rather than opt for traditional divorce litigation.
Mediation can be a beneficial option for many reasons, but it can be particularly useful for couples facing a high-asset divorce. Mediating a property division settlement instead of fighting it out in court can lead to a better, more beneficial and more sustainable settlement.
Why mediate your divorce?
Mediation employs a neutral third-party mediator to help lead conversations and discussions between the two divorcing parties. This process is respectful and less stressful than litigation, which can make a difficult situation a bit easier, especially when dealing with sensitive issues pertaining to finances and marital property.
This option will not work for everyone, but mediating your property division settlement can allow you more control over the final outcome. It can also provide you the opportunity to pursue specific goals or an objective unique to your situation. The benefits of this choice include the following:
- It can be less expensive to use mediation to address property division than to litigate.
- Mediation generally takes less time to complete than other divorce options.
- Mediation can allow you to craft a property division settlement that is unique to your situation.
- Through mediation, you can work on a final order that is workable, practical and sustainable.
Property division and finances are some of the most contentious issues in a divorce. Through mediation, you and your spouse can negotiate and discuss all factors that will impact your futures, allowing you the opportunity to come to decisions that are best for your family.
Your financial future after divorce
When dealing with a high-asset divorce, your financial future is at stake. Through mediation, you can actively pursue a settlement that works for you. Divorce is complex, but there are ways to minimize the stress and complications that often come with this process.
Whether you own a small business or want to ensure you can protect your retirement assets during divorce, learn about how mediation could be the right way for you to shield your interests and protect your future.