Today is day 4 of Family Mediation Week (20th - 24th January 2020), a week long campaign where we encourage conversations about mediation and raise awareness of mediation and its benefits for separating families. Today we take a peek at how mediation can help when discussing and agreeing the division of assets.
How can Mediation help in the separation of assets?
Many mediators are also experienced family lawyers and so can help couples who are separating to divide their finances in an amicable and cost effective way. The process still requires open and honest financial disclosure (in other words everyone has to show their financial information to the other so that everyone is clear what the family finances look like) and discussions take place with the mediator about a future division of the family money so that everyone can move on to their future lives apart. This will typically include looking at each parties' housing needs, income needs and pensions.
If you are working your way through a separation, then mediation may be the way forward. We have qualified mediators available to assist you and appointments available at any of our three offices, including evening appointments.