Preparation for Divorce Mediation - New York Divorce Source

Encyclopedia

New York Info

New York Divorce Start Your Divorce Find Professionals New York Articles Divorce Facts Divorce Grounds Residency Divorce Laws Mediation/Counseling Divorce Process Legal Separation Annulments Property Division Alimony Child Custody Child Support Divorce Forms Process Service Grandparent Rights Forum New York Products Divorce by County

New York Articles

Agreements Custody & Visitation Child Support Counseling Divorce/General Domestic Abuse Financial Planning Foreign Divorce Mediation Parenting Property Division Spousal Support

Info Categories

Contemplating Divorce Children & Divorce Divorce, Dollars & Debt Divorce Laws Divorce Process Divorce Negotiation

More Information

Articles Checklists Research Center Cases of Interest Dictionary Encyclopedia Encyclopedia (pop-up) Blogs

For Professionals

Advertise With Us Free Network Page Join Our Network Submit Articles Sign In

Network Sites

New York Divorce Support New York Divorce Online

Preparation for Divorce Mediation

Information Provided by: Lawrence Gulino, M.A.

If you are considering mediation to work out the terms of your separation and possible divorce, because you both want to be fair and equitable with each other, now is the time to take some preliminary steps that will make the process smoother for you and the entire family.

Learn what mediation is all about, and how it can help ease the process of ending the marital relationship.
Set your priorities, and have a clear idea of what you want to achieve in the future.

The following is a list of financial documents that will be reviewed during the course of the mediation process. Begin assembling these records now. Please be advised that full and complete financial disclosure concerning assets, liabilities and income is mandatory, and essential for your negotiations. Subsequent findings that relevant information has not been fully and truthfully disclosed may constitute grounds for challenging the agreement in the future.

The fair market value of the marital home, and any other real property owned by either spouse such as time shares, land, or business properties.
The disposition of household furnishings, and items of value within the marital home.
The year and make of all vehicles, and their market value.
Recent statements for all financial assets, whether held jointly or separately, including bank accounts, stocks, bonds, mutual funds and all other investments.
Interest in IRA's, annuities, retirement and pension plans, trusts, etc.
Other assets, such as money owed to you, tax shelter investments, and any other assets not listed above.
The past three years of separate or joint income tax returns, including W-2 forms.
The past three years of income tax returns on any private business interest.
The name of any privately held business or professional license, and the actual cash drawn from it annually, per cent of your interest in it, type of business.
The type of degree and or professional license earned during the marriage.
The amount of life insurance held and any cash value of that insurance.
The balances of any mortgages, loans, back taxes, auto/vehicle loans, life insurance or retirement plan loans, and any other outstanding debt, held either jointly or separately.
Installment credit accounts such as credit cards, bank loans, and the like.

Information Provided by: Lawrence Gulino, M.A.

Was this helpful? Like our site & let us know.

Are You Contemplating Divorce?

The "Aunt Lucy’s Quilt" Effect in Divorce Mediation

Adversarial and Mediation Approaches to Divorce

Profile of a Divorce Mediation

Divorce Mediation - Is it a Jig Saw Puzzle, or a Game of Chess?

Use of Mediation with Divorcing Couples

A Good Divorce?

Start Your New York Online Divorce Today

Easy, Fast and Affordable with a 100% Guarantee.

Find New York Divorce Professionals in Your Area:

Join the Network

New York Divorce Products, Services and Solutions

New York Divorce Resources to Help You Through the Process.

New York Mandatory Online Parenting Class

Easy and convenient - complete at your own pace online.

Discount Divorce Bookstore

Over 100 Titles of the Best Books on Divorce & Custody.

Divorce Download Center

Instantly Download, Books, Manuals, & Forms.

Free New York Divorce Worksheet & Separation Agreement

Your Guide to Get Organized and Put Everything in Writing.

Marital property is all property earned or acquired during the marriage. Separate property is that owned by one party before the marriage. In New York, separate property is awarded to that individual. However, the increase in value of separate property that occurs during the marital period may be divided under the equitable distribution system. Separate property also includes gifts or inheritances received during the marriage.

Find Professionals

Easily Connect With a Lawyer or Mediator

Have Divorce Professionals from Your Area Contact You!

Start Your Divorce

Settle Your Divorce

Support Forum

[an error occurred while processing this directive]

Start Your Divorce Today
(Explore your options)