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Preparing a divorce budget, often overlooked, is a simple yet crucial step in the divorce preparation process. While it may not be the most enjoyable task, understanding your future needs and expenses will empower you to make informed financial decisions during the divorce process.

The mediation structure is similar to a business meeting, where each of you will actively participate and offer and discuss proposals about the financial terms of your agreement.

Be Prepared: Make a list of your assets, debts, and possessions, and decide on your priorities. You can also create a budget and a list of what is most important to you. Gather bank statements, and start to organize your finances.

The key to a smooth mediation process is preparation. Your mediator may ask you to gather documents to prepare for your session. These documents should include property and debts owned both individually and together.

Help talking about making changes or modifying your Parenting Plan or custody and child support with your co-parent.

Early during the divorce or separation process, parents will face the issue of how to handle shared parenting time and finances. In most cases, parents strive towards shared parenting time so that the children can spend time with both parents. The key is to take into consideration each parent’s work schedule, the children’s school schedules,…