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Mediation can offer many benefits for a high-asset divorce

On Behalf of | Sep 3, 2022 | Divorce

The dissolution of a marriage does not have to be filled with conflict and contention. There are other options that can help to bring an amicable divorce resolution. Without a doubt, a high-asset divorce can be complex due to the number of assets and property that must be divided. For many spouses in Virginia who go through a high-asset divorce, mediation could be a beneficial option.

Save money

Divorce can be expensive, so those who go through it often want to save as much money as possible. A separation can put a financial strain on both spouses, so decreasing divorce costs is a smart and practical decision. A big benefit of choosing mediation is that it is less expensive than going through a long, drawn-out litigation process.

Save time

For divorce mediation, the average time frame for a resolution is usually two to four months. Compare this to the average time frame for a litigated divorce, which is anywhere from nine months to two years, and it’s easy to see that mediation can save divorcing spouses tons of time. The streamlined process of mediation shortens the amount of time those involved will have to endure the stress and worry of unresolved issues.

Regardless of the circumstances, any divorce can be an extremely challenging and stressful process. For spouses in Virginia who are about to go through a high-asset divorce, mediation is a great option if spouses are willing to cooperate and work together toward a resolution. Those who have questions about any aspect of divorce could also benefit by speaking with a knowledgeable family law attorney.