COMBINING COMPASSION WITH PRACTICALITY

How to negotiate for a smoother divorce

On Behalf of | Apr 7, 2023 | DIVORCE - High-Asset Divorce |

When you have a lot of assets, it can make your divorce more complex, but it does not have to make it complicated. If you and your spouse can work together, you can easily wrap up property division and move on.

The key to being able to do this is to have open communication and a willingness to negotiate. Negotiation can be a tedious process, but there are some actions you can take to help make it more successful.

Have professional help

You should have a mediator or other parties to assist you with the negotiation process. It is not something that most people do on a daily basis, so you may have no idea how to start or proceed. Getting professional help can allow you to have a more structured process that moves along a little more smoothly.

Be open and honest

Negotiations only work when you both commit to being open and honest. You cannot try to hide assets or information. Everything has to be on the table so you both have a clear idea of your situation.

Participate in give and take

Know going in that you will not get everything you want. You will have to be willing to give a little bit. You should go in with a basic idea of top priorities, which are you willing to have deep discussions over. But for everything else, be open to the process and know you will have to give some things up.

Negotiation is an important part of the divorce process, especially if you have a lot of assets. It can help you to avoid battles in court and make the situation much easier for both of you.

Archives