It’s no secret that common areas of contention in many divorces revolve around financial issues. Spouses who were in long-term marriages have often accumulated a good deal of properties and assets. High-asset divorces can get rather complex and especially expensive. However, here are two options Kansas residents may want to consider if they are wanting to reduce the cost of a high asset divorce.
Mediation
When couples choose mediation, they meet with a mediator who acts as a neutral third-party. The mediator helps divorcing spouses discuss and reach agreements on all types of issues. Mediators may be court-appointed, or spouses can choose to enlist the services of a private mediator. Although mediation often has moments of tension, divorcing spouses who are willing to cooperate and communicate may find that mediation is a great way to help reduce the cost of divorce.
Collaborative divorce
With collaborative divorce, each spouse has his or her own lawyer. Then, all four parties meet on several occasions to discuss and settle the divorce. Just like with mediation, cooperation is critical in making a collaborative divorce to work. Both spouses need to be willing to work together to reach agreements. If divorcing spouses can do this, collaborative divorce is a great option to help make a divorce less expensive.
Both collaborative divorce and mediation are good routes to take to reduce the cost of divorce because they keep the matter out of court. Regardless, keeping the cost of a divorce down is much easier if divorcing parties are willing to cooperate and communicate. Those in Kansas who think they are headed for a divorce may want to consider consulting with a seasoned legal representative. An experienced family law attorney can protect personal rights, offer much-needed legal guidance and help individuals make the best choices relative to their specific situations.