Divorce is never a walk in the park. It’s a complex emotional journey that requires careful navigation. This is just as true if you are committed to resolving it out of court. Divorcing couples often utilize a wide range of professionals to ensure a rock-solid, legally valid, and bullet-proof agreement. This blog explores some of the experts you might want to consider on your divorce team.
A Mediator: Mediation can be essential to avoiding courtroom battles. As a neutral facilitator, they help you and your spouse reach agreements on various issues, including child custody, visitation schedules, and property division. They can offer strategic guidance and support throughout the process assisting as you navigate the emotional challenges, manage stress. With their assistance, you can maintain control over the decision-making process and work towards a mutually beneficial resolution.
A Family Lawyer isn’t necessary, contrary to popular belief. You can waive that option, but it isn’t recommended unless trust is very high and issues are very few. The mediator can provide legal information but can’t offer legal advice about your rights and obligations. For advice along the way, and a review of the Separation Agreement at the end, it’s smart to hire an experienced lawyer.
A Divorce Financial Expert can provide invaluable guidance in untangling the complex web of assets, liabilities and support obligations. They can help you understand the long-term financial implications of different settlement options and ensure that the lawyers are basing their advice on a fair division of property.
A Child Specialist can help assess and minimize the impact of the divorce on your children and provide recommendations for parenting schedules that prioritize their best interests. Their expertise can guide you in creating a parenting plan that promotes the healthiest possible environment for your children.
A Real Estate Appraiser is crucial for obtaining an accurate valuation if one party is buying out the other’s share of your home or other properties, thereby ensuring that the division of assets is based on fair and up-to-date valuations.
A Tax Specialist can help you understand the tax consequences of different settlement options, guide you in maximizing tax benefits, and ensure compliance with tax laws during property division and other financial matters.
A Pension Expert can provide guidance on the valuation and division of pensions. They analyze pension benefits, calculate present values, and assist in creating a fair and equitable distribution plan, considering factors such as retirement ages and survivor benefits.
A Business Valuator can determine its true value if you or your spouse own a business. They assess the financial health, assets, liabilities, and earning potential of the business to ensure an accurate representation for equitable division.
An Estate Planner revisits your estate planning documents, such as wills, trusts, and powers of attorney. Consulting with an estate planner can help you navigate the necessary updates to ensure your wishes are properly reflected, and your assets are protected for the future.
While mediation is an essential part of most out-of-court separation agreements, it’s essential to recognize the value of other professionals. Specialists provide knowledge and guidance to protect your interests and help you secure a balanced, bullet-proof agreement. Remember, every divorce is unique, and the need for additional professionals will vary depending on the complexity of your financial and family situation. Investing in professionals can provide the support necessary to navigate divorce successfully and save you money in the long run.
With the right team by your side, you can confidently move forward, knowing that you have the best agreement possible.
ABOUT THE AUTHOR
Mike MacConnell, founder of Reflective Mediation, is an accredited family mediator, conflict coach, educator and author. He is the highest-ranked mediator on Google in the greater Toronto area, with over 180 5-star reviews. To book your free consultation click here.
