Divorce Mediation Services in Minnesota
At divorce financially, we believe that having sound financial guidance during your divorce is a wise investment. Did you know that about 70% of the decisions in your divorces are financial? We are unique in the divorce world because we combine being financial professionals and trained mediators. If you would like a financially focused mediation, please call us at 952-405-2040 for a free consultation with one of our divorce financial mediators. Or fill out our contact form here.
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Benefits of Mediating your divorce
The primary reasons most people seek out mediation is because they just want to get started and don’t want to bring attorneys into the equation, at least not at the beginning.
Other benefits of mediation services:
- Doesn’t drain your finances in an argument over who gets the coffee table that you never liked to begin with. Mediation allows you to focus on what you truly need at typically a much lower cost than a litigated divorce with attorneys.
- No one wants a drawn-out divorce full of stress, unresolved issues, and disagreements. A timely divorce is more regularly achieved through mediation than processing it through court system.
- There is a higher probability of compliance from your spouse with a litigated divorce since its terms are mutually discussed and agreed upon, unlike imposed court orders. A mediated divorce is highly personalized for your needs, and most consultations conclude in a satisfying settlement for everyone involved.
- Mediation sessions are entirely confidential, meaning that no one can be called to testify about what occurred during your consultations in the future. You and your spouse will have a safe space to have honest discussions with each other during the divorce process.
- Mediation helps protest you from future conflict through professional guidance and crafted actions plans.
- Mediators act as a neutral aid that can keep your attention concentrated on planning for your future instead of rehashing past issues.
Mediation helps protect you from future conflict through professional guidance and crafted action plans. Our mediators act as a neutral aid that can keep your attention concentrated on planning for your future instead of rehashing past issues.
Preparing for a mediated divorce
Before going to court, the state of Minnesota requires all divorcing parties to participate in an alternative dispute resolution process, such as mediation, due to its effectiveness. At Divorce Financially, we believe many divorce situations can benefit from mediation as long as both clients agree to the divorce and are open to compromising with each other.
Mediation boasts high success rates with less emotional distress in comparison to a contested divorce. Through the divorce mediation process, many couples find themselves growing into more mature individuals that can effectively communicate with each other.
If you believe that your divorce is a complicated case and that mediation will not be enough for your situation, we suggest you first educate yourself before coming to any conclusions.
It’s important to identify if your case is complicated because of the financial issues or if it’s complicated because of interpersonal dynamics.
The foundation of a mediation process is the willingness for both spouses to work together and ultimately to come to agreements on their own.
At Divorce Financially, you are in control of the divorce process. Your mediation process can also include additional professional assistance such as therapists, child specialists, and attorneys, among other professionals.
Mediation can help complicated divorces. However, in regards to domestic abuse, it may become difficult for a mediator to determine if the victim is expressing their concerns or being coerced into an agreement out of fear of their abuser. In this situation, a court hearing is often the better option, and the ADR (alternative dispute resolution) process is waived.
What to expect in divorce mediation
The first is to set up an initial 30 minute phone call or zoom meeting with one of our mediators to better understand the process and answer any questions you may have. You can give us a call at 952-405-2040 or fill out our contact form here.
Your first meeting with your mediator will set the expectations for the divorce mediation process. Clients may be split for separate mediation sessions, or couples may remain in the same room to review their dispute resolution options. The initial discussion will typically revolve around property division, child custody, visitation rights, child support, and alimony or spousal support.
Do not be alarmed if you and your spouse have different solutions when it comes to these topics. Your mediator will facilitate the negotiations until both parties can come to an arrangement. Most mediated divorces are resolved with just a few office sessions.
Once the outstanding issues are agreed upon, your mediator will draft a memorandum of understanding for you and your spouse to sign. The document will contain the details of your settlement and can be presented to the judge to finalize your divorce.
While it is not required, our clients may also have their lawyers present during mediation to edit agreements or go over any changes. At Divorce Financially, our clients’ comfort is ultimately priority one.
What's our role as Financial mediators?
Our financial mediation process provides you with professional guidance and support in the effort to lessen the emotional and financial burdens you may carry when confronting a divorce. We help you by:
- Providing a calm and courteous environment for a cordial dispute resolution
- Maintaining the power balance between you and your spouse, giving you equal time to speak and be heard
- Collecting and organizing all of your financial information
- Completing a balance sheet with your assets and liabilities
- Helping you construct future budgets including illustrating different potential housing options and expenses you want to continue to plan for you children.
- Facilitating constructive conversations around property division options, children’s expenses, child support and spousal maintenance
- Helping you evaluate the pros and cons of the financial options generated
- Ensuring you you don’t make financial mistakes
- Understanding the court system and divorce process
What documents to prepare
You will need to prepare the following documents for your divorce mediation:
- Completed questionnaire provided by divorce financially (link here)
- Financial statements for all accounts you own (assets) and owe (liabilities)
- Income information (i.e. paystubs, tax returns, etc.)
- Company benefit information (i.e. medical, dental and vision insurance)
A note on the collaborative process
Collaborative divorce is an additional method of alternative dispute resolution that couples can pursue to avoid litigation. The process differs from divorce mediation in the following ways:
- A participation agreement is signed by both spouses and their attorneys stating you’re not going to court.
- Instead of working with just a mediator, you and your spouse will each hire a Collaborative attorney as well as other neutral professionals such as a financial neutral, child specialist and coach.
- If you and your spouse cannot resolve your conflict or find an acceptable compromise for your issues, you will have to start the divorce process over with new attorneys in a court process.
how to choose a mediator right for you
Your mediation will require a trained professional with experience in assisting with dissolving marriage relationships. This person should have a vast understanding of Minnesota state divorce laws, the mediation skills necessary to maintain productive conversations and the financial expertise to ensure things are done right. We recommend reaching out to set up a no cost 30 minute phone call or zoom meeting.
Divorce Financially in Edina, Minnesota aims to provide you with divorce mediation that is both cost-effective and focused on setting up the framework for your future.,
mediation services in mN
At Divorce Financially, our mediation services have helped many clients reach acceptable conclusions to their marriages. We’re always happy to answer our clients’ questions about the mediation process.
As a safety precaution due to COVID-19, we also offer the option to hold sessions with clients remotely as a video conference rather than in-office. We will work with you via whatever contact method you prefer.
Divorce is a complex process that can leave anyone feeling frustrated or defeated, but you don’t have to go through a messy court battle or settle with unsatisfying litigation to solve your issues.
Instead, approach your issues courteously and collaboratively through the mediation process with Divorce Financially. Our mediators are ready to help you ensure a smooth divorce settlement and set you on the path of new beginnings. Please call 952-405-2040 today for a free consultation.