- Inventory current income information and develop future income plans.
- Develop a workable budget for both of you.
- Inventory marital assets.
- Define short and long term goals for each of you.
- Negotiate equitable property distribution.
- Establish a parenting (co-parenting plan).
- Develop a preliminary settlement agreement that will be reviewed by your legal counsel.
First Mediation Session
Discussion present situation focusing on short term plans (working arrangements that will carry you through the divorce
process), long term plans, (where, when and how do you plan to live once the divorce becomes final). Discuss marital property,
assets and debts in general. Where possible assign a mutually acceptable value to property and assets. Couples with children will also discuss temporary parenting plans.
Work to be done for next session:
Fill out the present budget forms to include monthly and annual expenses for each household and establish a bottom line
(just how much money) each of you needs to live separately. Complete list of assets and liabilities. Make copies of all
documentation needed such as 1040 Income Tax Forms, house mortgage, pension assets. If necessary obtain appraisals for home, business and property.
Second, Third, and possible Fourth Mediation Session
Review the household budgets established by both parties. Review the comprehensive inventory of marital property, assets and
debts. Discuss individual budgets. Negotiate and agree upon the division of property. Establish mutual acceptable parenting plan. Draw up tentative Memorandum of Understanding.
Final Mediation Session
Clarify any last minute changes, finalize Memorandum of Understanding and forward it to appropriate attorneys.
