Divorce Mediation: Not all the same
Divorce mediation processes almost always have unique aspects that the divorcing couple will want addressed and clearly spelled out in succinct language. While there are general issues that fall into certain categories, such as finances, parenting plans for minor children, and established visitation arrangements, these matters are also important to the court. Both assets and debt obligations are part of the financial component of an effective mediation agreement, making the assignment of liabilities just as important as the division of assets. Because every divorce involves different circumstances, it is often beneficial for each divorcing New York resident to have a New York City divorce attorney during mediation to help ensure that both parties receive equitable consideration.
Family Business and Divorce
Many divorces will also include evaluation of a family business and a determination regarding ownership. All businesses hold some amount of financial value, not to mention the income generated from daily operation. Family business divorces can be among the most difficult and having an experienced New York City divorce lawyer can be a significant advantage when the fate of a family business is in the balance. A good mediation agreement can achieve saving a family business with proper valuation and a fair buy out mediation agreement.
Custody Mediation
While some divorces do not include disposition of minor children or other dependents, many marriages do have this issue to be handled according to law. When divorcing couples cannot agree on a parenting plan, the state often steps in as an advocate for the children because they have rights that need protection as well with no individual legal representation. This is often the most serious issue for the court. Divorcing parents who have dependent children and are bickering over other issues such as finances could receive a ruling from the state that neither party nor the children want. Having experienced legal counsel during the mediation process can result in a better all-around divorce agreement that the court could be encouraged to accept.
Contact a New York City Divorce Attorney
A divorce mediation agreement can have a major impact on the lives of an entire family after it is finalized. It is always best to have an effective agreement in place from the beginning that addresses the family’s unique circumstances and priorities. Consider contacting a divorce professional, such as the New York City divorce attorneys at Levitsky Law Firm, who understand how mediation can help create a practical and workable divorce agreement.