Divorces are often intense and stressful for couples who may be uncertain about the future of their financial situation and the custody of their children.
While going through this process, separating couples must be mindful about their approach to getting a divorce. Litigation is the most common route but it can be costly and time intensive. An alternative to litigation is mediation, because it is less costly and reduces conflict.
Mediation is the process through which divorcing parties meet with an impartial third party (the mediator), who reviews the facts of the case and help the couple to reach an agreement that is satisfactory for both parties.
Benefits of Mediation!
1. Save Money
According to the Investopedia article titled “Alternatives to Court: Mediation and Arbitration”, by Amy Fontinelle, litigated divorces are expensive. The legal fees associated with them amount to tens of thousands of dollars. Mediation on the other hand, costs less than a traditional divorce. Thus saving both parties more money.
2. Reduce Conflict
A skilled divorce mediator can help willing parties communicate about their decision to divorce so that they feel heard and represented without bias. Agreements are more likely to be adhered to when all parties are willing participants because the more involved they are, the more satisfied they will be with the outcome of negotiations.
In comparison to the typical divorce process, the mediation process may save more money and reduce stress for the parties. Mediation allows separating parties to maintain more control over the divorce process.