Why doing your research is important

When you decide to separate or divorce, there are going to be a lot of hard decisions to make. You may have purchased vehicles, a home, made investments and gathered personal possessions along the way. There is a lot of emotion involved when the relationship is becoming dismantled and a mediator is there to help you get past these emotions. He or she is a third-party that is neutral and can help the communication process so that the couple can remain focused on finding solutions.

Every divorce is different with some being more complex than others. In some cases, research will need to be done in order to facilitate the process. Here are some of the factors that may require some research:

A home or other real estate – If the couple owns property they will have to decide whether the home will be sold or whether one of them will retain it. Timeshares, recreational property and vacation homes will also need to be considered. A valuation will need to be done on each property to find out how much it is worth in today’s market.  A mediator can help coordinate with appraisers and real estate professionals for this.

Investments – A competent mediator can help you determine the current market value of all investments.

Debts – Competent mediators can help you analyze and understand your debt load.  This affects cash flow, and settlement possibilities.

Shared business – When a couple owns a business together it may be necessary to call in a business valuator. One person may want to buy the other out completely or other business solutions may come into play.

When the issues are complex and the mediator is dealing with financial entanglements, the following types of professionals may be used for input:

  • Real estate appraisers
  • Accountants
  • Pension and retirement appraisers
  • Business evaluators

If you have a complex divorce that encompasses a number of issues, the best route you can take is mediation. All of the complexities can be handled this way and for a lot less money than what you would have to pay a lawyer. With complicated divorces, it can easily turn into a long and costly process when you use a lawyer and follow the litigation path. You can save thousands of dollars by using a mediator that will work with you to simplify the process so that informed decisions can be made.

We have worked with a number of highly qualified professionals in complex and high-profile cases. No matter how complicated the divorce seems, we can help you work towards a successful conclusion that satisfies all of the legal laws for divorce.

Dunne Family Law is here to support you every step of the way and will make sure all of your options are explored thoroughly and clearly communicated to you. Call us today 619-232-9260.

Leave a Reply