Saturday, May 1, 2010

The Beauty of Mediation

The beauty of mediation is that it permits the parties to exercise flexibility and creativity in crafting a settlement agreement that meets their needs.  Overall, the couple's community property should be divided equally.  This does not mean that each asset and each debt must be divided in half.  The overall division should be fair and equal, but how this is achieved can vary considerable from family to family.  Sometimes pensions are divided; sometimes the pension goes to the wage-earner, and assets of an equivalent value go to the other spouse.  The amount and duration of spousal support, if any, is variable, and depends on a number of factors which can be explored within the context of your specific situation.

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