Stock market free-falls, high unemployment, financial uncertainty -- in this economy, can people afford to get divorced? Studies show that the recession has kept many couples together who would have otherwise split up. People feel unwilling to set up two households in a market that can barely sustain one. Yet, most couples argue over money, and financial problems are often the final straw, providing the catalyst that ultimately breaks up married couples. So, now with the current economic turmoil, what should divorcing couples do?
For couples with financial issues -- that is most of us -- divorce mediation offers an opportunity to come up with creative solutions to make the budgets work. In mediation, we focus on budgeting and dividing assets and debts so that each person leaves the marriage with enough money to support him/herself and the children. Divorce mediation offers significant savings because couples work together with one professional to resolve the issues. Mediation is much less expensive than battling it out in court. In fact, a mediated divorce can cost about $7,500, as compared to $75,000 for a litigated divorce.
Difficult economic times should not mean that you have to stay in difficult relationships. Divorce mediation is the cost-effective way to figure out how to split up. Couples have said that even though they had a smaller budget post-divorce, they were happier than staying in a miserable marriage. Mediation provides economic relief at a time when everyone needs some.
For couples with financial issues -- that is most of us -- divorce mediation offers an opportunity to come up with creative solutions to make the budgets work. In mediation, we focus on budgeting and dividing assets and debts so that each person leaves the marriage with enough money to support him/herself and the children. Divorce mediation offers significant savings because couples work together with one professional to resolve the issues. Mediation is much less expensive than battling it out in court. In fact, a mediated divorce can cost about $7,500, as compared to $75,000 for a litigated divorce.
Difficult economic times should not mean that you have to stay in difficult relationships. Divorce mediation is the cost-effective way to figure out how to split up. Couples have said that even though they had a smaller budget post-divorce, they were happier than staying in a miserable marriage. Mediation provides economic relief at a time when everyone needs some.