Dividing your property, assets and debts in a fair and equitable way can be one of the most difficult aspects of a divorce settlement. Divorce mediation gives you the opportunity to work with your spouse to come up with your own standard of fairness, rather than leaving this in the hands of a judge. Even if the end of your marriage was characterized by intense conflict, mediation may help you find a way forward with less financial and emotional cost. AMS Mediation works with couples on all aspects of a divorce settlement and has specialized expertise in helping couples divide their assets and debts fairly.
Division of Property, Assets and Debts in a Divorce
While Minnesota law does not spell out how to divide a couples’ joint assets during divorce, the strong expectation is that all marital property (including property, assets and debts) be divided equitably between the two parties. Our team encourages the development of one master spreadsheet where all of your assets and liabilities can be confirmed and verified. Putting all of this information in one place ensures that you and your soon to be ex-spouse can review the same information and make decisions based on the full picture.
AMS Mediation can also help you determine the monetary value of your property and very often, once this is outlined clearly in writing, it is much easier to compare items and decide how best to divide them evenly. Our team also understands that some of your belongings have sentimental or emotional value to you. We can also help you account for this and work with you and your spouse to prioritize items that have added meaning for one or both of you. We can facilitate a mediated discussion that allows you to each express your preferences for certain items so that you can negotiate in a clear and non-emotional way.
Experienced Minnesota Divorce Mediator
As you navigate the divorce process with our experienced mediator, Amber Serwat, you will begin to see the spreadsheet recalculate and it will be clear whether the division is fair and equitable. Seeing it clearly on a comprehensive spreadsheet takes the emotion out of the equation and allows you to negotiate in a transparent way. AMS Mediation can help you settle the terms of your divorce, including dividing your assets, property and debt. For more information about our comprehensive and effective divorce mediation services, call us at 952-252-1492.