Settlement in Divorce: A Guide to Informed Decision-Making (Communities - Services Offered)

Item ID 2451888 in Category: Communities - Services Offered

Settlement in Divorce: A Guide to Informed Decision-Making
Navigating a divorce often involves one of four outcomes: death, reconciliation, settlement, or trial. Frequently, a combination of the latter two occurs, with spouses reaching agreements on certain issues while resorting to trial for others. While settling is always recommended, a crucial caveat exists: settlement should only occur when there is adequate information to make an informed decision. This implies a comprehensive understanding of the issues at hand, requiring at least 70% completion of the discovery process before any decisions are made. Consider the scenario where one spouse operates a full-time business while the other has a different job or serves as a stay-at-home parent. Dividing the business fairly becomes challenging if the non-business spouse is unaware of its value, potentially resulting in an inequitable settlement. Therefore, settlement decisions must be made with a clear understanding of the financial aspects involved. A fundamental question arises: Who possesses more knowledge about the business's financial state in such a situation? For more information you can check divorce mediation Orange County.
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Target State: California Target City : Irvine Last Update : Nov 21, 2023 10:24 AM Number of Views: 64	Item Owner : Moshtael Family Law Contact Email: Contact Phone: 7149092561

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2024-05-06 (0.390 sec)