Steps to Take as You Prepare for Mediation

 Posted on April 17, 2023 in Family Law Blog

Divorce mediation is a process in which a third party assists divorcing couples in reaching a settlement agreement. Mediation is often a more cost-effective and less-adversarial way to resolve disputes during divorce. The alternative is the often highly unpleasant litigation process in court. If you are considering divorce mediation, it is essential to prepare for the process. Remember that while you prepare and throughout the actual process, it is wise to consult with a divorce attorney to ensure your rights remain protected and your best interests are advocated for.

Firstly, it is important to understand the mediation process. Mediation is a cooperative process where both parties work to reach a settlement agreement. The mediator is responsible for facilitating communication between the parties and helping them identify where they agree and disagree. The objective of mediation is to reach a mutually acceptable agreement that meets the needs of both parties.

Gather all relevant information and documentation. This includes financial documents such as bank statements, tax returns, and investment statements. You should also collect information about any assets or debts that must be divided, such as real estate, retirement accounts, and credit card debt. This readily available information can help speed up the mediation process and ensure that all relevant information is considered during negotiations.

It is essential to identify your priorities and goals for the mediation process. This includes determining what issues are most important to you, such as child custody or division of assets. It is also important to consider your long-term goals and how the settlement will impact your future financial and personal goals.

Be open to compromise and creative solutions. Mediation is a cooperative process that requires both parties to be willing to listen to the other's point of view and work together to find solutions that meet both parties' needs. This may require creative solutions that go beyond traditional approaches to divorce settlements.

Finally, working with an experienced divorce mediator who can guide you through the process and help you reach a settlement agreement that meets your needs is essential. A skilled mediator can help you identify areas of agreement and disagreement, facilitate communication, and help you work toward a mutually acceptable settlement.

Contact a DuPage County Divorce Attorney

It is often said that failing to prepare is preparing to fail. Be sure to avoid beginning divorce mediation unprepared. To ensure the process is as smooth as possible, contact the seasoned Lombard, IL divorce lawyers with A. Traub & Associates. Call 630-426-0196 for a private consultation.

Source - https://www.forbes.com/advisor/legal/divorce/divorce-mediation/