The new year is a good time to take a look at your finances, especially if you are considering getting a divorce in 2021. Are you now wishing you spent less on the holidays as your credit card bills are rolling in? Did you have more/less in your bank account than you thought? What is a reasonable monthly budget amount and what expenses does it cover? What is the value of your retirement account? These are financial concerns that you might not think about on a daily basis. You work hard, earn your paycheck, contribute to your 401(k) before your net pay is direct deposited into your account, and then you pay some bills. Somehow it all works out in the end. Or does it? Maybe you think it does because your spouse led you to believe this, but in reality there is a ton of debt to deal with. Maybe your pension is worth way more than you thought.
Going through a divorce forces you to take a close look at all of your day-to-day finances and your overall financial picture. It may feel very overwhelming, especially if you were not the person in the household to deal with any of this. At Westfield Mediation, LLC, the divorce mediators help you break down your day-to-day finances and all of your assets and debts (house, retirement funds, bank accounts, mortgage, credit cards, student loans, etc.) into small digestible helpings of information throughout the divorce mediation process. Divorce mediation helps you move at your own pace in a confidential manner. Mediation promotes a more amicable relationship with each party contributing to the final decisions.
It is not wise to go through a divorce with your eyes closed and hope for the best. You need to be a part of the process. If you never dealt with any finances before, then now is the time to get familiar. A divorce mediator can explain each step in a clear, easy to understand manner, to help you address each piece of the financial puzzle. It is never the wrong time in your life to start taking control of your financial future. Divorce mediation can help you do that.
For more information on divorce and divorce mediation, please contact Randi M. Albert, JD, or Michelle Weinberg, M.Ed,. Licensed Marriage and Family Therapist, at Westfield Mediation, LLC at 908.913.0373. View our website at www.westfieldnjmediation.com or email us at [email protected].
Going through a divorce forces you to take a close look at all of your day-to-day finances and your overall financial picture. It may feel very overwhelming, especially if you were not the person in the household to deal with any of this. At Westfield Mediation, LLC, the divorce mediators help you break down your day-to-day finances and all of your assets and debts (house, retirement funds, bank accounts, mortgage, credit cards, student loans, etc.) into small digestible helpings of information throughout the divorce mediation process. Divorce mediation helps you move at your own pace in a confidential manner. Mediation promotes a more amicable relationship with each party contributing to the final decisions.
It is not wise to go through a divorce with your eyes closed and hope for the best. You need to be a part of the process. If you never dealt with any finances before, then now is the time to get familiar. A divorce mediator can explain each step in a clear, easy to understand manner, to help you address each piece of the financial puzzle. It is never the wrong time in your life to start taking control of your financial future. Divorce mediation can help you do that.
For more information on divorce and divorce mediation, please contact Randi M. Albert, JD, or Michelle Weinberg, M.Ed,. Licensed Marriage and Family Therapist, at Westfield Mediation, LLC at 908.913.0373. View our website at www.westfieldnjmediation.com or email us at [email protected].