Mediation may also be utilized to resolve other conflicts such as unresolved business conflicts, estate planning, and other major life decisions where conflict can arise. Consider employing a mediator when the conversation breaks down and resolution seems unattainable.
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In this practice, because the financial decisions being made will have a long standing impact on all the parties, we expect that parties will utilize a neutral financial expert to help assess the weight of the decisions being addressed. An open referral mechanism is utilized to help parties access a professional that they feel they can both rely on to help with this process.
ediators pair with financial neutrals (CDFA's-certified divorce financial analysts) who have expertise in assessing financial information specifically with a perspective on how divorce affects the family economy. They have the expertise to review the marital assets -real property, investments, retirement plans, determine values of pension plans, and help the clients identify the best family-friendly tax saving strategies to maximize savings to the family as a whole. Rather than assessing information from the perspective of a single client's vantage point, they assess things from a whole family perspective, which allows for more robust discussion about needs, goals and interests; this facilitates a comprehensive mutual outcome. Financial neutrals can help clients develop scenarios that model potential outcomes which help clients predict potential future consequences of their modeled options and ultimate choices. Though it seems more costly to have two mediators, the streamlining of the process makes for a more expedient and less costly process over all. MIn our experience, it is most advantageous to have a financial neutral involved in the mediation process because of the scale of the decision-making involved.