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Does mediation help with asset division?

On Behalf of | Feb 9, 2018 | Firm News

When Pennsylvanian couples decide to split up, Palange, Endres & Marks, P.C., is here to help you through the legal hassles associated with divorce. One area of possible contention is asset division. In scenarios like that, it helps to have professionals on your side.

A divorcing couple will always have a chance to figure out their own asset division first. However, it can be hard to come to an agreement regarding equitable assets when you don’t feel as though you’re on negotiating terms with one another. This is where legal assistance can come in handy, such as mediators. A mediator exists to help you both reach an agreement that everyone is able to find fair and amenable. This is especially useful for couples who have a lot of high value assets.

However, there are some instances where even mediation might not be enough to get you the outcome you find fair. In these cases, you will likely need to leave the decision-making to a judge instead. They will help divide your assets based on information like your economic circumstances, how long the marriage lasted, and who has primary custody of the child versus who is paying child support. They will also likely look at how your taxes will be affected by the asset divisions, among other financial details.

When you divorce your partner, you deserve the fairest division of assets possible. Our web page on divorce and asset division may give you the extra information you need to have a better idea of what you want out of your own divorce.

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