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Money, money, money

2/20/2015

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Why do many people get divorced? They argue about money.  The husband and wife have different ideas about how much money they need, how much they should each contribute to the family, and how the money should be spent.

Then, they come to divorce mediation, and they argue about money.

At Westfield Mediation, LLC, we help divorcing couples create an agreement that works for their future. As part of this process, we go through their assets (homes, investments or retirement accounts), and their debts (credit card, mortgages, car and student loans) and develop a plan for dividing them. We work out child support based on their incomes, the amount of parenting time they each have, and the children’s needs. We figure out a reasonable plan for alimony based on the length of the marriage, and the earning capacity of each person. We include review clauses to account for changes in employment and the family’s needs.

Sometimes this process moves smoothly, and sometimes not so much.  In many cases, parents are happy to contribute to their children’s expenses, though they may differ on what expenses are reasonable. In addition, some people are less happy to provide support to their soon to be ex-spouses.

The good thing about divorce mediation, is that you have the opportunity to devise a creative solution that works for your particular family. The neutral, impartial mediator guides you through this process, making sure that each person’s interests are represented, and that the end result is fair and equitable.

For more information about Divorce Mediation, please contact Randi M. Albert, JD, or Michelle Weinberg, LMFT, at Westfield Mediation, LLC, at 908.913.0373.  View our website at
www.westfieldnjmediation.com or email us at info@westfieldnjmediation.com

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Divorce season

2/6/2015

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We are now in divorce season.  While it is true that you can get divorced any time of the year, there seems to be an increase in divorce filings and inquiries to divorce attorneys at the start of the calendar year.  Yes, you somehow muddled through one last holiday season for the kids.  But now it is time to move things along. 

At Westfield Mediation, LLC, we help couples get divorced at their own pace.  Some people came in at the start of 2015 and want to be divorced as quickly as possible and have already completed the mediation process.  We are able to see clients on a weekly basis and complete the process in less than 2 months.  Others came in wanting a slower pace.  They want to get started but are in no rush to finish immediately and need more time to think some issues through.  For tax purposes, there is no rush to get divorced before you file your return this year.  Your marital status will still be married even if you are divorced by April 15, because you were still married on December 31 of the tax year.  

Most people who use our mediation services do not file any paperwork with the court until they have completed or nearly completed mediation.  This allows for them to have the court paperwork processed without delay and at minimal cost. You complete the paperwork and get a court date to appear before the judge to get granted your divorce decree.  You do almost all the work in mediation and have minimal wait time for the court.  Westfield Mediation can meet your needs if you are in a hurry, or just want to get started, on your divorce. 

For more information about Divorce Mediation contact Randi M. Albert, JD, or Michelle Weinberg, LMFT, at Westfield Mediation, LLC, at 908.913.0373.  View our website at www.westfieldnjmediation.com or email us at info@westfieldnjmediation.com

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    Authors

    Michelle Weinberg, M.Ed.,LMFT, is a Licensed Marriage and Family Therapist with many years of experience working with couples.

    Randi M. Albert, JD, is an attorney with experience in family law and public service.

    Categories

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    Division Of Assets And Liabilities
    Divorce Attorney
    Divorce Mediation Process
    Money
    Parenting
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