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Can mediation help a high-value divorce?

On Behalf of | Mar 4, 2018 | Blog, Firm News

When it comes to divorce in Sacramento area, the more money and property involved, the more challenging the separation process. Many high-value couples do not realize that the moment they file their divorce papers, their situation becomes public. Privacy can be a very valuable commodity if you want to keep friends, neighbors, colleagues and even strangers from knowing about your marital assets and divorce details

Because high-asset divorces often end up turning into long, contentious and bitter court battles, you might want to consider mediation.  

It can speed things up 

If you are looking for a faster way to finalize your separation, mediation can help. There are fewer court procedures to go through and no need to wait months for court dates. The mediator cannot choose sides: He or she is there to help you and your soon-to-be ex-partner work things out through negotiations in an amicable manner that is fair and less complicated. 

Mediation is cheaper 

Mediation enables you to avoid the courts and the costs that come with litigation. Keep in mind that because there may be businesses, multiple properties, collector’s items, accounts and investment funds at stake, it will probably still take a group of professionals to determine the exact value of marital assets. You should take advantage of appraisal, forensic accounting and financial consultant services to protect your interests. 

It is not for everyone

Meditation is only a viable option if you and your partner are willing to cooperate. You must be willing to put your personal feelings aside to get a better outcome. Though you want to ensure that your ex-partner does not get more than what you feel is fair, the courts have the final say. 

Those who have domestic violence issues in their relationship may not be candidates for mediation.