Finance Overview

Mediation is a very cost-effective way to resolve financial issues on separation or divorce. It provides an opportunity to apply the same principles which would guide a Judge in the distribution of your family property and income, but with you retaining control of the process and using your greater understanding of your family’s needs.

Sometimes it will be helpful to involve your solicitors actively in the process. Even in these cases, you should benefit from greater co-operation, and a much smaller proportion of family assets being expended on costs.

Financial mediation often takes place in the context of a process examining All Issues, that is, taking any concerns about your children’s future into account at the same time.

Mediation will generally be provided by experienced family lawyers, backed with specialist members of our unique Advisory Board.

In order for you to be able to explore the options available to you, it is vital to have the best possible information. We will make sure we inform you about the current legal guidance, and we ask that you provide comprehensive financial disclosure, much as you would in Court proceedings. Even where final proposals cannot be agreed, the compiling of information is often much more cost-effective than in legal proceedings.

For more information:

Our current Finance fact sheet
Bridging the gap – Ideas for Maximising Resources
The Mediation Form E for providing comprehensive financial disclosure
Memorandum of Understanding or outcome summary
A typical Open financial summary
© The Mediation Centre December 2006