Divorce mediation isn't just helpful for you and your ex as you divide your assets. The process can also help you come up with a viable custody arrangement and parenting plan for the children.
Divorce changes your life significantly. It can impact your retirement plans, income levels, time with your children and much more. But what about the impact on your career? Some people worry that a promising career may grind to a halt.
Rather than going to court to find out how a judge thinks your marriage should end, you and your spouse are considering mediation. This process allows a neutral third party to guide you in a legal sense, but it plays out far differently than a court case.
Your divorce is going to have a big financial impact on the rest of your life. As such, it's very important to step back, take the emotions out of the process and think about the realistic financial ramifications of every decision you make. This may sound clinical and calculating, and that's exactly how you need to approach it.
It is no surprise that your divorce will be hard for your children to deal with. But while your kids may have a tough time getting through the breakup, you can make it easier on them. Your divorce does not need to completely devastate your kids.
You got $500,000 from your parents, as an inheritance. Your spouse is now asking for a divorce, and he or she is claiming $250,000, saying it's marital property that you were both going to use.