Equitable Mediation

Category: Resources

  • Podcast: Not Just Numbers with Yardley Wealth Management

    Podcast: Not Just Numbers with Yardley Wealth Management

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    Drawing from his personal experience as a child of divorce and nearly two decades of professional expertise, Joe explains to Mike Gary and Madison Demora from Yardley (PA) Wealth Management how mediation can save couples time, money, and emotional turmoil compared to traditional litigation. He shares real-life examples, common financial pitfalls, and practical tools for navigating complex decisions, especially when children are involved. Whether you’re facing divorce yourself or supporting someone who is, this conversation offers a candid look at why a fair, informed, and child-focused approach can lead to better long-term outcomes.

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    Disclaimer

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    Anything discussed in this podcast should not be construed as legal, financial, or emotional advice. It is for informational purposes only. If you are in need of such advice you MUST seek the guidance of a qualified professional where you live. The transcript below was auto generated and may contain errors.

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    Yardley Wealth Management: Joe Dillon on Divorce Mediation and Financial Planning

    Hosts: Mike Gary and Madison Demora, Yardley Wealth Management
    Guest: Joe Dillon, Equitable Mediation Services


    Host: Today’s guest is Joe Dillon, a nationally recognized divorce mediator with over 17 years of experience helping couples navigate one of life’s toughest transitions. With an MBA in finance and advanced training in negotiation and mediation, Joe brings both expertise and a deeply personal perspective to the table. As a child of divorce, he saw firsthand the emotional and financial damage traditional litigation can cause, and it’s what led him to create a better way forward.

    Whether you’re going through a divorce, supporting someone who is, or want to understand the financial side of major life transitions, Joe’s insights are ones you do not want to miss. Joe, welcome to the show.

    Joe: Hey, thanks for having me.

    Host: To start, can you tell us about your personal journey and what ultimately inspired you to become a divorce mediator?

    Joe: My parents litigated their divorce. This is back before mediation was really a thing, and I am the walking stereotype of everything you should not do in a divorce. My parents pitted me against each other. I sat in the back of the courtroom watching them argue. This is a great way to spend your teenage years – you’d rather be out playing sports or hanging out with your friends.

    Unfortunately, it dragged on for a really long time. My mom ultimately is who I lived with full-time, and they fought and yelled and screamed so much that the last time I saw my dad was in the courthouse when I was 15. I never really heard from him again. I got a letter once or twice – one telling me he was getting remarried, and then the other letter I got was in 2019 saying he had died from his lawyer, from his estate. Those are the only two communications I had with him once my parents divorced. That’s a span of about 35 years.

    For me, it’s like, “Hey guys, this didn’t have to go down like this. There is a better way to do this.” A lot of folks think, “Oh, no, no, no. That’s not going to happen to us. We’re going to be friendly and all this.” Then somebody says something or a lawyer gets involved, and before you know it, you’re off to the races like my parents were.

    It really just bankrupted them emotionally, probably my mom almost financially. She still worked well into what should have been retirement years. I kind of do this to help people avoid what happened to me. I’m sort of the walking wounded but also a walking warning sign. I think that lends some credibility when you say to people, “You don’t think this can happen? You’re talking to a guy as a kid of divorce that it happened to.”

    Host: I remember when I was in law school, I had a friend who got divorced. He said, “Look, we’re in our 20s, we don’t have any kids, we don’t really own anything. This should be easy.” Then like a year later he said, “You know what? If she wants this fork, I’m going to fight over it now.” He’s the most reasonable, easygoing guy, but unfortunately people go through a process and the situation really takes a toll on their humanity.

    Joe: When you said that, I thought I’ve heard that so many times – “Oh, this isn’t going to be that bad.” And then it more often than not is. I think a lot of it has to do with communication. When you’re working with a mediator, there’s direct negotiation. Think about all of us with our friends or family – think about a friend where you just sent a text off-handed and they write back, “What did you mean by that?” And you’re like, “Whoa, nothing. It was just an off-hand remark.”

    People get upset when they don’t have the ability to correct that communication right away. It takes time to go through the channels from one lawyer to the other. Attorneys are busy folks, so these communications can sometimes fester for days or weeks. It could have been a simple off-hand comment that got resolved right away when working in mediation where you’re directly resolving conflict in real time.

    Host: For listeners unfamiliar with mediation, how would you explain the key differences between mediated and attorney-led divorces?

    Joe: With a mediator, you’re working with one professional like myself. As I say to clients, I don’t represent either of you, but I advocate for both of you and your kids when applicable. We’re all working together in real time to resolve all the issues you need to resolve in a divorce.

    I’m going to create options. I’m going to share my experience. I’m going to take you through financial processes because, like you and I have in common, the numbers don’t lie. Here’s the reality of your financial situation whether you want to know it or not. That’s how we’re going to craft these settlements – reality-based settlements, negotiating from a position of information, data, and discovery, trying to get people to understand that you have to give to get.

    As I like to joke with my clients, if both of you are slightly unhappy with me at the end of this process, I’ve done my job, because it means somebody’s gotten something but they’ve also had to give something.

    If you’re working with an attorney, your attorney represents you and only you, just like your ex or soon-to-be ex-spouse’s attorney represents them and only them. They’re advocating for their clients as they are trained and paid to do. Their concern is not what the other side gets – their concern is to make sure their client gets as much as possible.

    Those of us in this profession know there are attorneys who are cooperative and there are attorneys who are scorched earth. They will go to the ends of the earth and burn the house to the ground just to make sure they get the proverbial fork.

    There are times where mediation may not be appropriate – where there’s domestic violence or someone’s hiding assets. But we always say, when you try mediation, mediation isn’t binding until you make it. When you go through mediation, the agreement you come out with isn’t binding until you enter that formal legal filing process. So why not try mediation? Our rate is about 98% of our clients reach agreement. You’ve got a really good shot if you’re willing to engage in it.

    There are times where you have to have both parties willing to engage. One party might think, “Oh, I’m going to just fold my arms and dig in my heels.” That’s unfortunately where you need to involve attorneys.

    Host: Do you ever have problems where one soon-to-be ex-spouse sees your website and says, “Oh, I think this would be a great idea,” and the other one’s like, “No, if you want that, it can’t be good for me”?

    Joe: Absolutely. “This is your mediator.” I hear that a lot. I’m like, “Wait a minute. I’m not your mediator. I’m our mediator.” The collective.

    You also get people where, “Oh, he’s a guy. He’s not going to stick up for women.” Meanwhile, what they don’t know is I was raised by my Italian mother and my Italian nana. If anything, I tend to lean in that direction – not professionally, of course, but personally. I know what it’s like to grow up with a single mom. I’m an only child.

    That’s part of the misunderstanding – we don’t take sides. We want to get you collectively the best deal because I’ve seen it in my own family. My mom, for example, ran out of money in her divorce, so she finally gave up on my dad’s pension. She was still working into her 70s and early 80s, and you’re like, “This doesn’t seem mathematically proper.” The numbers weren’t there for her because she just couldn’t afford to continue the fight, which was unfortunate. She was 45 at the time, but it impacted her 40 years down the road.

    Host: Do you think mediators have similar personalities? Do you think to be a good mediator, you have to be pretty even-handed?

    Joe: I appreciate the nice remark. I do think – and I say this jokingly to my friends who are attorneys – I have a lot of friends and colleagues who are attorneys, and I always ask them, “How do you go from advocate hat, where today I’m a lawyer, and then I also want to be a mediator and now I’m neutral?” I find that attorneys have a lot of difficulty being neutral because that’s not what they’re professionally trained to do.

    As a finance person, I’m looking at everything pretty analytically from the kids’ perspective, from the family’s perspective. I’m saying, “Look, you two, here are the numbers. Here’s your budget, here’s your budget, here’s your retirement, here’s your retirement. Tell me, do you guys think this is fair? And if not, explain to me why.” That’s part of the conversation.

    I think it is difficult for people to be neutral. Make no mistake, we’re all human beings. We all have our own biases. At the end of the day, somebody like me works really hard to say, “Look, just because perhaps that person’s not my cup of tea, it doesn’t mean they shouldn’t have a fair outcome.” Everyone deserves to live their life. It’s not my settlement. I don’t have a horse in the race.

    Mediation is a skill unto itself. Being neutral is a skill unto itself.

    Host: You’ve seen firsthand how courtroom battles can leave both parties worse off emotionally and financially. How does a mediation approach, especially when it’s child-focused, help couples reach better long-term outcomes?

    Joe: I think the first thing is the financial aspect. We say you can mediate your entire divorce for the cost of one attorney retainer. When you think about that and you say, “Do I want to put my kids through college or do I want to put the attorney’s kids through college?” The Wall Street Journal says a friendly attorney-driven divorce is between $25,000 and $50,000. If it goes sideways, you’re probably looking at closer to $200,000. That’s probably about the cost of a four-year public university right about now – could be a little higher.

    You look at that financial toll and say, “Listen, you guys could save a lot of financial resources for you, your family, and your kids.”

    The other thing is child-focused – “Look, I get that you’re not going to be spouses anymore, but you’re still mom and dad.” That’s what happened personally for me – my dad wasn’t at my high school graduation because he was so mad at my mom. He wasn’t at my wedding. You remind people, and having that neutral third party in that forum with both of them present allows you to kind of parent them and say, “Listen, you two, your kids don’t care that you don’t want to be married anymore. When there’s a soccer game or dance recital, they want to see both your faces in the audience next to each other.”

    We use that to say not only do you have a financial cost, you have an emotional toll, and you don’t want to go through this long, arduous process. You can mediate a divorce in two to three months. My parents took close to three years for everything to be final. That’s a long time to not be focused on your kids, especially during teenage years. Kids can get in a lot of trouble if left unsupervised. I was an only child and relatively good, but do you really want to give up those precious years with your kids to spend them in a courtroom?

    We try to use all the aspects – financial, emotional, legal, technical – and hopefully one of them resonates to help them move forward.

    Host: You said maybe 98% of the time mediation works. In the 2% where mediation doesn’t work, are there commonalities or just different random things that make it not possible to conclude mediation?

    Joe: Our case resolution rate is 98%. The average is about 70% for mediation in general. There are different styles of mediators. My style tends to be what we call directive, the opposite being facilitative.

    I’ve taught mediation at Northwestern University in Chicago where I lived for five years. There it was a lot of attorneys and therapists, mental health professionals. Marriage counselors see a lot of couples breaking up and think, “Hey, I’ll be a divorce mediator.” Their style tends to be more like, “Well, how does this make you feel? How does the conflict make you feel?” That’s fine, but that doesn’t necessarily, in my experience, move you closer to resolution.

    Being more directive doesn’t mean I’m telling you what to do. I think my style combined with our process is really important. One thing that gets divorces off track is that one day you’re arguing about this, then you’re over here, then you’re over there. It’s like when we take our dogs for walks – if you don’t have a real tight hold on those leashes, those dogs will chase that bird and you find yourself face down on the pavement.

    If you don’t act as the strong guiding hand, keeping people on track, keeping them focused on the issues, keeping them talking about the things they need to talk about in the order they need to talk about them, that’s when things go awry.

    Our experience shows that if you follow our proprietary process – all our own forms, worksheets, experience – if you follow us and stay on our track, you’ve got an excellent shot. The 2% are folks who either know better or don’t want to follow the process. As we know from our professions, I can’t help you until you provide me information. You as a financial advisor go, “Great. What are you currently invested in? What are your goals? What’s your savings rate?” And if people say, “I’m not telling you that,” you’re like, “Well, how am I supposed to help you?”

    The worst thing you can say to me is, “Why do you need a copy of that?” That’s an immediate red flag. I kind of need to know how much you make if we’re going to talk about child support. The commonality is unwillingness to fully embrace and engage in the process.

    Host: Those people need to be litigated against.

    Joe: Unfortunately, which stinks because at the end of the day, people don’t get it. You can either tell me or you can have a judge compel you to give this item. It’s coming out. You’re not that clever. Judges are smart people. They got to that place because they’ve shown time and time again the ability to be fair, thorough, and intelligent. Good luck to you. I’m going to sleep at night. I wish you well.

    It’s funny – you think of people like that who think they’re going to be smarter than the mediator or judge. They’re not the one millionth guy to think that.

    Host: My favorite story – I’m having a negotiation over child support with a client couple in New Jersey. This gentleman without missing a beat leans back in the chair, big old grin, arms crossed. I remember to this day he had a Philadelphia Phillies hat on. Clear as a bell he’s like, “I don’t have to pay child support.” I’m like, “Really?” He goes, “I’m going to walk into the courtroom and the judge is going to love me, and I’m just going to say, ‘Your honor, don’t worry about it. I’m not going to pay child support,’ and the judge is going to agree with me.”

    I looked at him and said, “Do you look good in orange? Because you’re probably going to be in a jumpsuit somewhere in a county jail.” These people are so deluded. I’m like, “How do you think your kids are going to eat or have a roof over their head?” I don’t know what planet he lived on, but this was in Somerset County in New Jersey.

    We did get him to an agreement, but then it becomes a function of enforceability. I shared with the wife that she may want to look into the New Jersey Payment Support Center and have this deducted from paychecks because this is going to be a battle royale. Their kid was like 12 or 13 at the time. You don’t want to spend the next five or six years trying to chase this guy down for a weekly or monthly check.

    Host: Can you walk us through what a typical mediation process looks like with you and your team?

    Joe: We first always want to meet together – me with the potential client couple – to make sure we’re a good fit. Part of it is I’m engaging with them to see if they’re willing to actively engage, if there are any red flags. For the most part, people tend to be self-selective when they want to mediate. If you get one person who says yes and one who says no, they’re not going to become clients.

    We kick them off with what we call a strategy session. We say, “We’re going to meet for an hour. We’re not going to negotiate anything. We’re going to put all the issues on the table.” I want to know what we’re up against. What are your hot buttons? What are the things you really want to make sure you resolve? Besides all the obvious – parenting plan, child support, alimony, property division – it’s all the little landmines that crop up in the middle of a negotiation that can throw you off.

    From there, we also educate them on our process, our discovery process, our forms, worksheets, data collection. I have a saying I say to clients: “Don’t do the deciding before the discovery.” A lot of folks will come in and say, “You know what, Joe? We got it all figured out. We talked about it X, Y, and Z.” I’m like, “This is going to be one of the worst cases.” As soon as they say it’s the easiest, it’s one of the most difficult.

    What winds up happening is they’ve made decisions in a vacuum without information. If I said to you, “Hey, where do you want to go to eat today?” what’s the first question you’d probably ask me? “What’s around here? What’s good?” Say you were visiting me in California and you’d never been there before. You’d be like, “Well, where do you go? What’s good around here?” If I said, “Come on, tell me where you want to go to dinner,” you’d be like, “Joe, I don’t know what the choices are. How am I supposed to pick this?”

    By going through that information gathering process and putting that all out on the table, we now know what we have to work with. That sets our foundation. From there, we get into negotiation. We’re doing exercises, filling out forms, completing worksheets, drawing in different data that you guys have collected and using that in our process.

    If you guys said you want to put your house on the market right away because school’s coming, we’ll start with property division. In other words, I’ve got buy-in from the client that we’re going to do things in the order they want to do them. I get to call them out if they don’t follow their own choices. “Help me understand here. You told me you need to get your house for sale quick, and we’re arguing about what color we’re going to paint the spare bedroom. Is that going to help us get this house on the market by August 15th?”

    I think of mediation like a funnel. You start at the top – it’s real wide. Eventually, you get down to the bottom where we only have a few issues to resolve. It gets narrower and narrower. That’s where we can usually get people to say, “Look, you can see the finish line. Even if there’s conflict, guys, we just have this one last thing to resolve. Come on, we can do it.” I’m kind of part cheerleader.

    Once we get them there, I go away, draft their agreement, they can review it. Once they’ve got everything agreed to, filing is administrative – it’s just the court, the paperwork, the waiting period.

    What we try to do is do a lot of the heavy lifting up front so we all have the data, information, sharing everything in a transparent way. We use Box as our file sharing, and we have this whole sharing system where everybody can see everything. By doing that, that’s what really helps people understand he’s neutral, he’s transparent. I understand why we’re making these decisions. I see the information in front of me. As much as I might not be happy about this outcome, I understand it to be reasonable or fair because you’re telling me your budget needs $5,000 a month and you only earn $2,000 a month. Yeah, you’re going to need some help.

    We’re reinforcing those messages and making progress incrementally so people can actually see – and this is a big issue in divorce because these folks have not been getting along for years most likely. You show them, “Hey, guess what? Look at you two. You never thought you could do this. You’ve made all these great decisions. You’ve agreed on parenting, child support, when you’re going to sell your house. Great work.”

    I think they get that momentum, that energy from somebody like me, and that really helps them move forward. They start seeing the progress, stay on track, and before they know it, they’re done. Usually the last thing people say to me is, “Really, is it over?” I’m like, “Yeah.” “Oh, that wasn’t that bad. That was a lot better than I thought it would be.” That’s what we want.

    Host: Does it seem to get easier for the soon-to-be ex-couples when they get towards the end? They see all the progress they’ve made and they’re like, “Wow, we really did this.”

    Joe: Yeah, most of them it does. The ones where it doesn’t, it actually also helps because there’s usually one person in a negotiation that if you’re reaching an impasse, there’s usually one person throwing all kinds of offers on the table and the other person is just saying no. It’s like trying to get a five-year-old to do something – they cross their arms: “No, no, no. I’m not doing that.”

    One party who’s trying to give and give and give is like, “Well, they’re being unreasonable. I’ve offered X, Y, Z.” Usually the benefit of time – eventually that other person, when the person who’s doing all the giving says, “You know what? I give up. I’m going to get a lawyer” – that’s usually what gets their attention. That’s the moment where it’s like, “Fine, okay. We’ll put the house up for sale August 15th.” Meanwhile, that’s what they had told me they wanted to do the whole time.

    Sometimes as a mediator, you also have to know when to wait people out. A good negotiator also knows to use silence as a tool. Not on our podcast here because that would be awkward for the listeners, but part of being on a Zoom with people and just staring at them makes people uncomfortable, which is kind of the point. Somebody finally just speaks up, and that’s when we can get things moving along again.

    More often than not, people are like, “You know what? I got this. You were really generous giving me some of your 401k. You know what? You can stay in the house an extra year. We’ll put it up for sale next spring. Don’t worry about it.” Those are the moments as a mediator you live for.

    Host: Can you share an example of a financial mistake you’ve seen couples make during divorce negotiations that had long-term consequences?

    Joe: Forgetting about the tax implications on negotiated agreements. Literally yesterday I had a client who said, “Well, I’ll just give my wife $40,000. She needs it. She wants to put it down on a condo, so I’ll just give her money out of my 401k.” You’re like, “Okay, you realize those are pre-tax dollars, right?” If you do that, you’re probably going to get whacked with 40% roughly because Uncle Sam and the governors of various states love to take the big lump and make you wait until April 15th to get it back.

    Or when they look at the settlement and say, “Well, we bought this house 25 years ago for $200,000 and now we can sell it for a million dollars. If I take it over and I have a $250,000 capital gains exemption on the sale and I’m counting on this to be my bank, my retirement, and suddenly I’m going to start owing taxes because I never kept any receipts of any capital improvements. All of a sudden that profit that I thought I was going to be pocketing $800,000 because I let you keep $800,000 of your 401k. I’m not walking away with $800,000.”

    As someone with an MBA in finance, I’m acutely aware of that. I’m not a tax advisor or CPA, but that’s the stuff that really hangs people up. All dollars are not created equal.

    I had a client – he was in love with Apple. He was a fanboy. He had an Apple t-shirt every time he came to mediation, his iPhone, his earbuds. He traded basically everything for all the Apple stock. At that time, the stock had really gone up. I said, “Bob, you realize the gains you have on these stocks and the risk? The house isn’t going to drop 43% overnight hopefully. That stock might do that.”

    It’s those kinds of financial mistakes that people make, and you can hopefully talk them off the ledge. “I know you love Apple. I see your t-shirt. That’s awesome. But this is probably not the greatest approach, but I can’t tell you what to do. Perhaps you want to speak to your financial advisor about this and see if they think this is a good idea.”

    That’s what’s nice about having folks like you – to be able to say, “I’m not going to tell you what to do, but do me a favor before we meet again. Go see Mike and ask him what he thinks. Here’s a copy of what you think you want to settle on. Ask him what he thinks about exchanging a savings account for this much in stock that probably has somewhere close to $500,000 of capital gains in it.”

    Host: I was thinking about the people who are dying to keep their family home, so they’ll take the home and the value included and give up the 401k. The home isn’t going to provide money every month for you to eat with. You need financial resources too. You might have this beautiful house, but you might have to work till you’re 80 to have money to stay in that house.

    Joe: Exactly. It’s the value of something you can’t liquidate easily or piecemeal. Your 401k, you can sell $5,000 or $10,000 a month for your living expenses. It’s complicated, and I think mediation could be a really big advantage compared to litigating with attorneys because the mediator is going to try to draft something that’s fair and palatable to both sides and keep that in mind.

    Houses are a great example because anybody who owns a house can tell you – when does the hot water heater explode and leak all over your basement? Does it do it 2 in the afternoon on a Saturday? No. It does it 4 in the morning on a Tuesday where you wake up to a flood, you can’t take a shower, you can’t go to work the next day, and you’ve got a mess to clean up.

    Those are the things you ask people when you get an asset – is it an asset or is it a liability? Houses are kind of both.

    Host: People put much more money into their house than generations did before. My grandparents built their house in the 40s and that’s basically what it was until they were old. Now people put a lot of money in their houses every year. It is both an asset and a liability. It’s a use item more than anything.

    Joe: When I explain this to clients, I say, “Have you ever been to a restaurant or a salad bar? If you walked up to a salad bar and you saw lettuce and tomatoes and cucumbers and this whole long line of stuff, I don’t just go up and put tomatoes on my plate and go back to my booth. It’s just a plate of tomatoes. I’m going down the line and taking a little of this, a little of this, a little of that.”

    Divorce settlements, I try to get people to think of it the same way. You don’t want to be asset rich and cash poor, or you don’t want to have all tomatoes. You want to have a portfolio that – just like if you had a 401k and were saving for retirement, would you base your entire retirement on one company? No. Unless you did, I would have a real talking to you.

    That’s the same with settlements. You try to get people to understand that. Even if they don’t have a little of everything, at least if you’ve got a house, make sure you have enough liquid cash on hand if something goes wrong. You don’t want to be unable to repair that roof if it leaks.

    That’s where I come at it from that financial aspect to say, “Let’s think this through. I know that’s where your kids took their first steps and it is a gorgeous house, but let’s make sure you can also enjoy your life moving forward.” Sometimes that’s a difficult question to pose because they know it in their heart, but they’re really just not willing to say, “Yeah, you’re right. We need to sell this house.” Sometimes they need time to think about it, and sometimes they don’t, and that’s perfectly fine as well.

    Host: You talk about turning complexity into clarity. What tools or frameworks do you use to help couples navigate complex financial or emotional decisions?

    Joe: Discovery process. We have this eight-page checklist of all these items we ask people to gather because a lot of times in a relationship, there’s what I’ll call a household financial manager. Typically, there’s one person who does the budgeting or pays the bills, and the other person has no idea what’s going on. As situations get more complex, people don’t really fully know what they own and what they owe.

    The first step is that full discovery and we review all those items. We then have people do a budgeting exercise, which they really kick and scream on. We actually make them do three budgets, which is probably cruel and unusual, but it is part of the process.

    The first budget we have them do is a joint budget of what their marital spending looked like for the previous 12 months. You’d be surprised at how many people don’t realize how much they spend on common things. We were just talking about streaming services – we just went through this, my wife and I, because little by little it crept up with Spotify, Apple TV, Hulu, Netflix, HBO Max. All of a sudden, why are we spending $183 on streaming? I could get cable at this point. We went through it, but because all that stuff just hits your credit card.

    When you do that, you show people what you’re spending. Is that attainable? Is it tenable? Are you living at, below, or above your means? Then we make them do budgets of what their life’s going to look like separate moving forward. They start realizing just how much it costs to live on your own.

    That first process helps us set up conversations around child support and alimony because they realize how much I earned – I’ve got all your tax returns and pay stubs – and how much it’s going to cost to live apart.

    We then have them do another piece which is a balance sheet. We have this balance sheet where they list out all their assets, all their liabilities, and we show them everything in one spot. I’m sure Mike, you probably do a similar exercise. Everybody goes, “Hey, my house is worth a million dollars.” Yeah, but you owe $750,000 on it. You always forget the mortgage. “I have this new car worth X.” Yeah, but it’s actually worth less than you owe based on the loan.

    In their brains, they don’t understand because they don’t look at it all in one place. When you do it that way and put all the financial reality out on the table, it helps people suddenly get a grasp on reality – “Wow, we really need to talk about these things, and okay, Joe, we’re going to listen and engage and go through your process because we’re going to trust in you based on your track record.”

    By doing that, we tackle those issues. We show them the numbers. For example, we’ll run – every state, the federal government requires every state to have a repeatable way to determine child support called a guideline. I bring out software, run the guideline, and let’s say it comes up to $500 a month. Then I look at a person’s budget and say, “Well, you have three teenage boys. You spend at least $500 a month on groceries for the kids, just groceries, let alone streaming, $20 to Starbucks, entertainment, clothes.” Let’s talk about this.

    We sort of reality check and always go up against that discovery, those worksheets, budgets, balance sheets. When you keep doing that and you’re chipping off an issue one at a time, it helps keep people focused because when it’s really complex, they can get distracted. It also helps them understand, “Wow, this is a lot more challenging. Yes, we are spending more than we probably should. Yes, we do need to cut back.” Those are arguments they’ve probably had for years.

    But now when somebody like me comes along and says, “Well, guys, I’m never going to tell you what to do, but credit card interest rates are probably in the 25 to 29% range right now. If you execute this budget as you presented it to me, you’re about $3,000 a month short, which is probably going on a credit card. At that rate, $36,000 a year, you’ll be bankrupt in about two to three years.” I mean, if you want to do that, that’s fine, but maybe we could talk about this.

    That’s where you get them back in and get them talking. All of that reality checking really helps – showing them I’m not trying to be difficult or obtuse. Their spouse isn’t trying to be difficult. This is the reality of the situation, and that’s what’s going to help us move this thing forward and come to agreement.

    Host: For someone listening who might be headed for a divorce, what’s the first step they should take emotionally or financially?

    Joe: That’s a really interesting question because if you do a search online for how to prepare for divorce, you’re going to find hundreds of checklists. It’s always go get tax returns and pay stubs – really tactical stuff. As a professional negotiator, that’s going to come in the process whether you mediate or litigate. Somebody’s going to have some discovery process to do all that.

    If you go and do that, sure, that might be fine. But if your spouse is not aware that you want a divorce, that may actually trigger an unintended consequence. “Well, why do you need my pay stubs or tax returns?” “Well, yeah, I didn’t tell you this, but I want a divorce and I need this information.”

    For me, I think the first step someone should really sit down and think about is what is it, if they go through this process, what is it that they are willing to give and what are their bright lines that they’re not willing to cross? A lot of times people go into a negotiation and it’s just a shouting match and you’re not really sure what is it you want? What is it that you don’t want? What is it you’re willing to give up?

    Really sit down and think about like the house we were just talking about. Why do I want to keep this house? Do I really want to keep this house? Am I being – is it just because I have this emotional tether to it, or do I just love the feeling this house gives me? I have clients, for example, where the house they live in as a married couple was their childhood home.

    But then I also have to ask myself, well, if I’m going to keep this asset worth X, what am I willing to give up? And is that okay? Giving up someone’s 401k or pension? I think instead of the tactical stuff, people really need to take a moment and say to themselves, knowing that this is a negotiation and knowing that we’re going to have to give and get, what are my must-haves, my nice-to-haves, and my don’t-really-cares?

    I think sitting down and really – even if it’s something as simple as I really want to keep this car, but I don’t care about the other one. Or I really want to make sure that I have at least $100,000 in my retirement account as long as I can also do X, Y, and Z. Those are the kinds of things that I think people really need to spend time thinking about.

    That goes to the emotional piece, too, because when you’re in a state like a divorce, the conversations are emotional. When we’re emotional, we don’t make the most rational choices. Sometimes I have had people where just to get out of the pain of the conversation, they’ll be like, “I don’t care. Whatever you want.” I’ll be like, “Hey guys, I can’t tell you what to do, but when you retire 20 years from now, you’re not going to necessarily most likely be happy about saying ‘whatever you want’ and giving up all your retirement, all your pension, the house.”

    That’s where I get into this conversation. Being able to send people places – I say, “You know what, I don’t personally require people to retain attorneys throughout mediation, but there are times when I see something that I don’t like the direction it’s going. I will say, ‘Listen, before our next session, I would like you to speak to an attorney. Here are some mediation-friendly colleagues. Have them take a look at this.’”

    That’s what I would say – a lot of it people think about as tactical. I would say really take time to do the looking-in work. What is it I really want to have happen at the end of this process? What are my goals? What are my interests? Rather than “Hey, the first thing I should do is get copies of pay stubs and tax returns.”

    Host: Where can our listeners learn more about you and Equitable Mediation?

    Joe: That’s an easy one. Best place is our website, equitablemediation.com. If you go on there, you can find out all kinds of information about me, my partner Cheryl, who is also my wife – she’s our divorce coach.

    Our process is such that we have this team approach. Going to your last question about the tactical, financial, and emotional aspects, we try to help clients with all of that. There’s also a learning center with all sorts of resources, blog posts on a number of topics. We have state-specific guides, including ones for Pennsylvania, New Jersey. We practice in New York, New Jersey, PA. We also practice in other states, but I’m originally from Central New Jersey, and that’s kind of our wheelhouse where Equitable Mediation got started in Bridgewater, New Jersey, 17 years ago.

    That’s really a great place to start. There’s a button in the menu that says “talk to us.” When you’re ready, you can schedule a free call with Cheryl just for you, just for one person, to find out if mediation is even an option. If it is, you can certainly schedule an initial meeting with you and your spouse with me.

    Always free call with Cheryl, check it out, see if it makes sense. If not, you can go through all the resources, the guides, the videos, the blog posts. We really feel strongly that an educated client is a good client, so we can give them that dose of honesty and that dose of reality.

    Our bend has always been, you might not like what we’re sharing, but this is what our experience has shown us. If you come in thinking you’re going to get everything and not have to give anything, you’re going to be disappointed no matter what process you take through the divorce. Read the website, lots of FAQs, lots of questions answered. If you have questions, contact us there, schedule the call, and that’s really the best way for people to get to know more.

    Host: This has been great. Thanks so much, Joe.

    Joe: Yeah, I think this has been a great conversation. I learned a lot. Thank you for having me. I appreciate the opportunity to share because mediation’s been around a while, but it’s not necessarily as widely known as you would think it should be. I always appreciate and thank you so much to both of you for allowing me the ability to share that message – that there’s a better way to go about this. Your divorce doesn’t have to be a disaster like my folks. You want people to be able to move on with their lives and get remarried and be good parents to their kids. That’s it. Thank you both. I appreciate your time.


    Contact Information:

    • Website: equitablemediation.com
    • States served: New York, New Jersey, Pennsylvania, plus additional states
    • Team approach: Joe Dillon (mediator) and Cheryl (divorce coach)
    • Free consultation calls available
    • Comprehensive learning center with state-specific guides and resources
    • Founded in Bridgewater, New Jersey, 17 years ago
    • Hosts: Mike Gary and Madison Demora, Yardley Wealth Management (yardlywealth.net)

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  • Podcast: Divorce Without Damage, The Power of Mediation for Families

    Podcast: Divorce Without Damage, The Power of Mediation for Families

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    This deeply personal interview with the Four Peaks Parents Podcast focuses on the impact of divorce on children and families. Joe Dillon shares his own powerful story as a child of litigated divorce and explains how those experiences drive his mission to help families navigate divorce with dignity while protecting children’s emotional well-being. The conversation covers the long-term effects of contentious divorce on children, the importance of modeling healthy conflict resolution, and practical strategies for keeping family wellness at the center of the divorce process.

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    Disclaimer

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” disable_idd=”no” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”0px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Anything discussed in this podcast should not be construed as legal, financial, or emotional advice. It is for informational purposes only. If you are in need of such advice you MUST seek the guidance of a qualified professional where you live. The transcript below was auto generated and may contain errors.

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    Four Peaks Parents: Joe Dillon on Divorce, Mediation, and Family Wellness

    Host: Thomas Miller, Licensed Therapist and Family Coach
    Guest: Joe Dillon, Equitable Mediation Services


    Thomas: Welcome to the Four Peaks Parents Podcast with your host Thomas Miller. Super excited to have with me today Joe Dillon, who is a pioneer in divorce mediation and has been helping couples navigate the end of their marriage with dignity and financial wisdom for over 17 years.

    Today’s topic is going to be about divorce and mediation and how to help usher a family through that with dignity in the most effective way with a mind toward children and family wellness.

    Joe is the co-founder of Equitable Mediation Services. He combines his MBA in finance with specialized training from Harvard, MIT, and Northwestern University to guide couples toward agreements that protect both their emotional well-being and financial futures. He pioneered virtual divorce mediation in 2011, nearly a decade before others adopted online practices during the pandemic. His results speak for themselves.

    Even though divorce has been around for a while, it’s still amazing to me as someone who works every day with families and coaches parents that parents sometimes forget the impact. As we were talking offline, divorce has been so normalized – what is it, 55-60% now?

    Joe: Right, especially in baby boomers and older couples, it’s probably approaching 75%.

    Thomas: Even though it is normalized, and in no way am I saying that if you’re getting divorced, your kids are going to be living under a bridge, it is amazing that people forget that everything has ripples and everything affects children, particularly depending upon the age and timing. You have an amazing personal story about what got you into this space. I think it informs how you practice and gives you a north star.

    Joe: Thanks. The story for me is that my parents litigated their divorce. As a child of divorce in a household where there were loud explosions of arguments and then silence for months – not days, months – it was such a dysfunctional pattern of peaks and valleys.

    My folks had no ability to communicate with each other. They hired lawyers and did everything you shouldn’t do – spend all your money. I was finding myself sitting in the back of a courtroom watching my parents argue.

    The last vision I have of my father, I was probably 15 or 16. They were arguing over who was going to pay for me to go to college. He wanted it to be 50/50, and at that point my dad made probably at least 10 times more than my mom did. She was working inside the home with me and had gotten a part-time job because she had an inkling something was going on. If she was making $5,000 or $6,000 a year, that’d be a lot.

    He was really upset. The judge said, “Well, Mr. Dillon, you make a lot more. You should pay more.” Every time my father would start yelling at the judge, the judge would say “60-40.” Then my father would yell more – “70-30.” There was one point – an imprinted memory – where they actually had to restrain my father because I think he was going to go after the judge. The bailiff stepped over, the lawyer grabbed his arm.

    I’m out in the hallway after this whole debacle, and my mom and dad are still bickering about something. That was the last time I saw my father again. I saw him when I was 15 in 1985, and then in 2019, I got a letter in the mail that said he died. That was it.

    My entire experience with my father was either screaming matches or, when he was around, he was great. He probably had some kind of bipolar or something. When I think about what I went through, that’s really what drives me. When people talk about divorce, there’s a lot they don’t know despite how common it is. People are always like, “Oh yeah, that’s not going to happen to us.” Well, you’re sitting across from someone it happened to because his parents didn’t think that would happen either. It can happen really quickly.

    That’s what I try to bring to the table – “Guys, let’s work it out in mediation. You’re not going to be husband and wife anymore. You’re still going to be mom and dad. Your kids are counting on you. They don’t care about what’s going on between you. They want you at the soccer games and high school graduation because I didn’t have that.” We try to use that message to get them to come to the table and go through divorce in the best way for their kids.

    Thomas: I need to hold space first because that was a trauma. What people forget sometimes when they’re in the cortisol bath of fight or flight is that you do have some form of PTSD. For you in that moment, your world was crashing. It must be such a driver for you because you still see these families fall into some of the same traps. What are some of the basic traps or holes in the sidewalk that you see parents and families falling into that could otherwise be avoided?

    Joe: There are a couple that immediately come to mind. One is the concept of modeling. I tell this story about a friend – if you want news to travel fast, tell a three-year-old. My friend was in the kitchen, something went wrong with the meal, and he blurted out the f-word. For probably the next 5 to 10 minutes, his three-year-old son thought this was the funniest thing and ran around the house yelling it. He had no idea what he was saying, but it was getting a reaction.

    The message here is that even if kids don’t understand what’s going on, they’re absorbing it. As parents, you have to be very cognizant of your behavior around your kids – fighting in front of them, disparaging each other, talking about money, saying “I’m not going to pay child support or alimony.”

    Another misnomer is “we stayed together for the kids.” As kids get older, I can tell you from my own experience – I remember my mom crying hysterically, my dad pulling away in his car packed with stuff, and she kept saying, “I’m sorry. I’m sorry. I’m sorry.” I remember saying to her, “What are you sorry about? Thank God this is over. I don’t have to listen to this anymore.” She looked at me like, “You knew what was going on?” I’m like, “Why do you think I was hiding in a closet? Because you guys were screaming so loud.”

    Parents, you’re not so clever. Your kids know what’s going on. They know you’re unhappy. It’s best, in my opinion, to go your separate ways if you’re not willing to put in the work to fix it. That being said, if you’re going through a divorce, I’m not pro-divorce – I’m anti-conflict. Try and save your marriage first. There are professionals you can talk to. If you find through all that work that you’re still unable to connect, no problem.

    When you’re going through divorce with kids, you don’t know what you’re doing. Most of our clients have never been divorced before. If you need help, lean into professionals to say, “I’m going through this divorce. My kid is reacting to it negatively, especially teenagers, because they’re in that all-about-me phase – ‘You’re ruining my life.’”

    Somewhere along the line, we grew up, became adults, we’re supposed to be responsible, help others. We can’t just ride our bikes all summer or go hang out with our friends. That’s the role you signed up for whether you realize it or not. Be a parent. Be an adult. Your kids need you. You think you’re suffering? They’re suffering 10 times as much as you do, and they might not have the vocabulary to say it.

    Thomas: You described the parallel process of dysfunction – as the family is yelling, screaming, fighting, by proxy the child is absorbing all that and becoming a saturated sponge. To survive and cope, you were hiding in the closet. Your mother sounds like an amazing, resilient woman, but she was quasi-autistic as so many parents are because when they’re in fight or flight with cortisol and adrenaline, you literally lose peripheral vision. You’re so focused, like putting blinders on horses in a horse race so they just run forward.

    Those families are running whatever race they think they’re running, which is not an intentional one, and they’re not seeing the child on either side of them. I always say there’s an ROI for inaction and an ROI for action. They’re vectors that move farther and farther away from each other, and the cost of inaction only allows symptomatology to get deeper and deeper with physical, emotional, and financial tolls.

    How do you sell people away from that? To me, it’s so obvious because I’m not in the midst of an angry divorce. Financially it’s the most obvious thing. Emotionally, it’s the most obvious thing. Isn’t the average divorce about a year and a half?

    Joe: If you use lawyers, probably two to three years. If it’s a friendly lawyer-driven divorce, 18 to 24 months, and that’s a lot of waiting around, uncertainty, back and forth, ping-ponging. Mediation, maybe three months.

    Thomas: When I think about the ROI on action and inaction – I have an MBA in finance, so my background is finance and negotiation. When you think about retirement savings or interest rates, those are hardcore numbers, but there’s emotional capital that also gets spent.

    I was having this conversation last night with my wife at dinner. I’m a really glass-not-only-half-full, the-glass-is-completely-full kind of guy. I volunteer, I do positive things because I really believe that. But it seems like every single day it’s really hard to get up and be positive and motivated with the constant influx of the fire hose of bad news coming.

    Now you take that noise and you’ve just drained the life out of someone, and you put them in this divorce situation where they need to tap into every emotional reserve they’ve got. The well is dry. When we talk about money in divorce, I also posit it as emotional capital. What’s in your emotional bank? If you want to go through a litigated divorce and you’re already on zero, you’re not going to survive that.

    I’ve watched it. If you’re basically taking one pill to calm you the minute you wake up, then another pill at night to go to bed because you’re going through a litigated divorce, shouldn’t that tell you something? That’s where you try to get people to understand – look, there is an alternative. You know what it is. They make movies about how terrible it is. Let’s avoid that. Let’s recharge your batteries. Let’s put some cash back in your emotional and literal bank.

    Most of our clients average 45 to 55 years old. I plan on living to a thousand – I’m going to live forever. But if you say to these people, “Listen, say you’re 50 and you live to 90. Do you really want to be miserable for the next 40 years?” You want to get through this, begin your healing process. You have to go through hell before you get to heaven. The sooner you can get to that, the sooner you can get on with your life and rebuild.

    That’s how we try to keep people in mediation. I don’t beg, I don’t plead, but you are in charge of your own destiny here. You know the alternative. What do you want to do? My experience has shown me that people know when they’re being difficult. People know the difference between right and wrong. Unless you’re raised by wolves, you get people arguing with you and they’re like, “Yeah, okay, let’s…” If I can just get them to go, “Fine, let’s just go,” that’s a victory in my book.

    Thomas: The two to three years you mentioned – the first thing I thought of was the child. I have so many families with failing-to-launch 20-somethings where you go back in the story, there were moments in those two to three years. Just two to three years of a parent – let’s say even a neurotypical child with no real risk factors – how are you able to hold space and be an attachment-based mom or dad if you’re fighting for two to three years? That in itself creates neglect. You add on top of that if a child has OCD, anxiety, depression, is possibly starting to experiment with substances.

    What creates that shift where someone is able to come to their senses and recognize the child, the family, themselves are at stake?

    Joe: As a negotiator, there’s a reason negotiation is taught using game theory. That’s an important word – game. It’s not meant to imply that divorce is a game by any stretch, but there is theory behind it, human nature behind it.

    You see all logic goes out the window when we’re arguing and in that heat of the moment. We’re trying to inflict pain on the other person through “you” statements – pointing fingers and hurling grenades. “You did this, you did this.”

    The moment where the real breakthrough comes is when the gears shift and it moves from “you” to “I.” I see this in alimony conversations a lot. You’ve got one person who works outside the home and one who works inside the home – they’re a stay-at-home parent. They’re not watching TV all day eating ice cream. They’re working harder than the other person and not getting paid for it.

    It’s like, “Well, you stayed home while I worked.” The other person says, “Wait a minute. We decided that I was going to stay home.” That goes back and forth with “you, you, you.” Then comes the moment in this conversation when the person says, “Do you really think that I want your money? I want to take your money? I am happy about getting alimony?” The other person is taken aback because they’re shocked to hear, “If I could, I wouldn’t take a penny from you.”

    That’s a good example of where the conversation shifts because it goes from “you” to “I.” Those are the moments where you have space for reflection and the ability to say, “I have a hand in this. I am partly responsible for this. I am fallible. I am human.”

    Rather than saying, “You’re never home. You’re not a good parent,” with parenting plans you say, “Listen, I appreciate all you’ve done. I know how hard you work. I don’t know if it’s realistic for you to get home because we live in Princeton, New Jersey and you work in New York City and you want to pick the kids up from school at 3:30. I don’t see how that’s realistic despite how much I know you want that.” It’s how you shift the conversation to keep the temperature down.

    Thomas: You’re basically teaching people how to look at the other person from a perspective-taking lens. How can I put myself in their shoes? Move from viewing them completely as an adversary who’s trying to take my money to actually having some empathy or compassion and then seeing the child.

    The work you’re doing is so valuable and really is changing the experience of these children and families. One of the things I heard in your story which is brilliant – you went through this really barren landscape of connection with your dad, this very lacking child developmental approach in terms of your relational dynamic with him, and then to go into that same field where you help people who were in similar situations. What a huge gift that you’re doing.

    Joe: It’s interesting. It’s almost like my penance. Early on in my career when I was doing mediation, there was a part of me that was hard to learn how to compartmentalize because it felt like you’d see these folks and wonder why they’re getting divorced. You were disappointed because at some point they loved each other. They maybe stood up in front of friends and family and professed their undying admiration for each other.

    After a while, I started to realize, “You know what? I’m helping them avoid the meat grinder. If they’re going to do this, I’d rather they do it with me.” It’s the whole Buddhist thing of when you throw a stone in the pond – there are ripples. There are ripples that these parents I’m helping divorce, their kids’ kids are going to benefit from because they’re going to have seen their folks model healthy disagreement.

    I think that’s what we’re seeing a lot of today – the inability to disagree with each other as intellectual, normal-thinking people. I’m not going to agree with everybody. We live amongst different folks of different backgrounds, different cultures. Even in a relationship, marriages come at it from different spaces. But if you can respect that person, then you have a shot at staying together. If you can’t, at least respect them through the divorce process.

    Say, “Look, we’re different beings. It didn’t work out. We have this great kid or kids. Let’s model healthy behavior for them. Let’s model adulthood. We can disagree. We can fight nicely. We can end this peacefully.”

    I remember a graduation when I was living in New Jersey. The weather was sketchy, so you got two tickets if it had to be held in the gym – only mom and dad could come. But if it was nice weather on the football field, everybody could come. My mom sent a ticket to my dad and said, “Please come to the graduation.” He would not come unless my mom also gave him a ticket for his girlfriend. She explained you only get two tickets because if it rains, it’s in the gym. I went to a small high school – around 97 kids.

    He did not come. The worst part was it was actually held outside, so he and his girlfriend could have come, and he didn’t come. As an adult, you’re like, “Really? How emotionally immature are you? What are you, five?”

    That’s the stuff I’ve worked to process over my lifetime. When I share these kinds of stories with people and get them to look in the mirror, I say, “Guys, take a real hard look at yourself. Do you really think – what if your kid was sitting here right now listening to the two of you? What do you think they would say to you two?” They’d say, “Why don’t you knock it off?” That’s probably what I would say if I was your 12-year-old.

    Thomas: You are playing a role in either creating generational trauma or not as a parent going through this. For you to have the expertise, objectivity, professional know-how, sensitivity, and connection through your own experience to stand inside everyone’s shoes – that’s what’s so hard as a clinician or mediator. Your job is to really sit inside that cumulative perspective and use yourself to understand what it feels like to be a kid in this family, to be the husband or wife. You do that so well.

    It’s a no-brainer to me that folks would mediate over litigated divorce because putting a child on a shelf for two to three years, even if it’s better than acrimonious, is still such a long time. The child is held in suspended animation and not able to hit the play button, which is what’s actually healthy.

    If we were to summarize, what would you say is one major message you really want to get across to listeners or anyone going through or potentially going through a divorce?

    Joe: Without a doubt, your kids are a lot smarter than you give them credit for. I don’t care how old they are. I don’t care if you think they’ve got their earbuds in or they’re buried in their Instagram or TikTok. They are listening. They are absorbing. They are sponging. Every move you make, every word you say, they are absorbing. Be very careful with your choices and actions. Be very intentional.

    Thomas: Just to add one thing – there’s something called tear and repair. When you slip into a dysregulated parenting moment where you’re not parenting from a place of regulation and calm, when you slip into that, you can always repair. A “Millerism” said probably every day in this household is “Let’s just start this morning again” or “Let’s start this afternoon over.”

    I want parents to hear before they pick up the shame stick or guilt stick that there’s something you could do today that will actually sow seeds of attachment and begin to change the trajectory from trauma pathway to health and wellness pathway.

    Joe, speak to a couple of things that are unique about you – you created virtual mediation, and you have a bunch of sites throughout the country. How can folks reach out to you?

    Joe: We’ve been practicing online mediation since 2011, and that’s allowed us to practice in multiple states. My wife and I have moved across the country, and without having a physical presence, we’ve developed such a process that in our opinion works better than sometimes being in a room because sometimes people have dysregulated emotions, and being in this virtual space makes them feel a little safer.

    The best way to find us is our website, equitablemediation.com. If you go there, you’ll see we have a learning center where I’ve been blogging for 17 years with articles, videos, courses, and podcasts.

    We practice in multiple states. I’m originally from the New York City area, so New York, New Jersey, Pennsylvania. When we lived in Chicago, we added Illinois. Now we live in California. Since my wife is a big Seattle grunge fan, we also practice in Washington state. So we practice in those six states.

    We’ve actually done divorces in 13 states, Canada, France, Thailand, Hong Kong, Japan. People have found us because they like our approach – very analytical because we’re going to prove it out with the numbers, but also family-centered, parent-centered because you don’t want this to turn into some big conflagration. You want it to be a divorce, not a disaster.

    We have a free info call. You can go to our website and book a call with my partner, who’s also my wife Cheryl. She’s a divorce coach. Like you, we really believe in handling the entire client – the emotional aspect, the tactical, financial, legal. Just reach out, schedule a call, find out if mediation is right for you, and if not, we’ll let you know and direct you to some resources.

    Thomas: I cannot thank you enough. I think you dispelled so many myths and rumors, and I love how you have such a heart for children, family wellness, and just not losing your mind and being an adult. Folks can go to that website, and if you forgot what Joe said, check the show notes. If you haven’t already, please sign up for the Four Peaks Parents newsletter – it’s completely free with tons of tips, tools, and strategies to help you navigate this crazy thing called parenting.


    Contact Information:

    • Website: equitablemediation.com
    • States served: Washington, California, Illinois, New York, New Jersey, Pennsylvania
    • International mediation services available (13 states plus 6 countries)
    • Virtual mediation platform (pioneered in 2011)
    • Free consultation calls with divorce coach Cheryl
    • Comprehensive learning center with 17 years of educational content
    • Host: Thomas Miller, Four Peaks Parents (fourpeaksparents.com)

    [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_global id=”2082″]

  • Podcast: Divorce, Mediation, and Mortgage Planning

    Podcast: Divorce, Mediation, and Mortgage Planning

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    This interview with the Divorce Mortgage Strategies Podcast focuses on mediation involving real property and complex finances. Joe Dillon discusses his pioneering work in virtual mediation (starting in 2011), strategies for handling emotional attachments to the family home, and the critical importance of bringing in certified divorce lending professionals early in the process. The conversation covers practical approaches to helping couples make informed decisions about keeping or selling the marital residence while considering the full financial implications.

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    Disclaimer

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    Anything discussed in this podcast should not be construed as legal, financial, or emotional advice. It is for informational purposes only. If you are in need of such advice you MUST seek the guidance of a qualified professional where you live.

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    Divorce Mortgage Strategies: Joe Dillon on Real Property and Complex Finances

    Host: Jody Bruns, Founder of Divorce Lending Association, Creator of CDLP and REMS Certifications
    Guest: Joe Dillon, Equitable Mediation Services


    Jody: Welcome to the Divorce Mortgage Strategies Podcast, where legal, financial, and housing professionals converge to support better outcomes for divorcing clients. I’m your host, Jody Bruns, founder of the Divorce Lending Association and creator of the CDLP and REMS certifications.

    Today we’re diving into a topic that every divorce professional needs to understand: mediation that works, especially when real property and complex finances are involved. My guest is Joe Dillon, professional divorce mediator and co-founder of equitablemediation.com, one of the leading online divorce mediation services serving clients nationwide.

    Joe brings a rare and powerful perspective. He combines strategic thinking, financial acumen, and empathy-driven conflict resolution to help couples avoid the courtroom and reach clear, lasting agreements, especially when it comes to decisions related to the home, support, and mortgages.

    If you’re a divorce attorney, financial neutral, real estate, or mortgage professional, this episode is going to help you understand why mediation needs to be a bigger part of the collaborative toolbox and how to avoid the all-too-common settlement pitfalls that lead to post-divorce litigation or financial instability. Joe, welcome to the show.

    Joe: Thanks for having me. Appreciate it.

    Jody: I always like starting off by letting our audience know about your specific background, your training in mediation, and where your professional background comes from because as we know, not everybody who’s a mediator is also an attorney. Tell us about your journey.

    Joe: That’s a great question. I’m a non-attorney mediator. I have a master’s degree in finance and my background is finance and negotiation. In my professional career, I was actually a negotiator. I worked for publishing companies and other large companies, helping negotiate sales contracts and financial contracts. I’d be working with salespeople, customers, and legal departments, and I found myself as the liaison between all three of them. In a way, I was mediating.

    If you know anything about salespeople, all they care about is getting the sale because that’s when they get their commission. If you know anything about legal departments, they don’t want to give away a single thing – “We will not change that contract.” The poor customer is sitting there saying, “I want to give you millions of dollars. Could you please take my money? You all just need to figure this out internally.”

    I found myself in that role as a director in these companies, trying to balance everybody’s needs. Through a series of events – downsizing and things – I was having lunch with my mother-in-law and she said, “I think you should be a mediator. I have a friend who does this and your background would be good for it.”

    Not all mother-in-laws are bad! I love my mother-in-law. I hope she’s listening. But I said, “This is interesting. What could I do with a finance and negotiation background?” Divorce mediation.

    As a personal aside, my parents litigated their divorce. I’m the classic “burn it to the ground” story. My father was so mad at my mother that I never saw him again after the last time I saw him in the hallway of a courtroom. I sat in the back of the courthouse – all that stuff that everybody says “Oh, that never happens.” It happens. It happened to me.

    I combined that personal experience with my professional experience to help people avoid what happened to me. That’s my journey and how I got to where I am today.

    Jody: Our journey is very similar. I have a business degree and was in construction lending for years, handling all the draws on the construction side. Then my husband and I – my ex-husband now – moved to Colorado and I started working more in origination. Then we went through a not-so-nice divorce. I am you, but I’m the parent.

    When I was back in Chicago working, it was actually a law firm who said, “We love your approach to working with divorcing clients and the education. You should write a certification program.” I think you and I probably did some of the same training if your Harvard experience was their program on negotiation.

    I’ve really taught our members at the Divorce Lending Association that you are mediating. You are literally mediating and presenting strategies and solutions to the divorce team and your clients. We’ve incorporated a lot of that into our curriculum because I don’t want any of our members presenting options and strategies as a traditional loan officer so they’re actually more disruptive to the process.

    I love that more professional mediators are not attorneys. I think divorcing homeowners specifically appreciate that because there’s so much more to mediating the house than legalities. As a trained mediator, you know how to balance those emotions and make sure everyone involved is moving forward instead of kicking it back and having to renegotiate.

    Joe: As we would say, it’s interest-based negotiation versus positional-based. The house is an emotional aspect. We all think of a house as a piece of property, but it’s where your kid took their first steps or where you took photos of the first day of school or prom. All the memories of Christmas or Hanukkah or whatever you celebrate, unwrapping gifts or having family meals. Sure, it’s got equity and value on a balance sheet, but it is far more than that. When you get emotional equity, boy oh boy, it is.

    Jody: You have to see which way the scale tilts – to the asset or the emotional – which is more valuable to the person who wants to keep the home. How do you personally handle that discussion with divorcing clients? What do you think is the most common hurdle when they’re anchoring, digging in their heels and saying, “Nope, you’re not keeping the house” or “I want my 50% right now”?

    Joe: Most of the clients we deal with have kids, minor children. When they do, it’s not an easy conversation, but it’s easier. It goes back to interest-based negotiation. I say to them, “Look, do you have an interest in keeping your kids in the house?” Typically parents will say, “Yeah, we don’t want to disrupt them. They have friends in the neighborhood and they like their school districts.” I’m like, “Great. So let’s find a way to do that.”

    You and I both know when it comes to the finances of a house, even the cost of ownership – this is exactly what happened to my mom. My dad was a very handy guy – a builder, construction, architect. He could fix things, build things. Whenever something went wrong in our house, dad would be out there putting up a new fence or pouring a new sidewalk or replacing the driveway or roof. These are not things that normal people do.

    When my mom tried to buy my dad out of the house, well, guess what? Those are all now costs she’s going to need to incur to own that house. When we talk about child support guidelines or alimony payments or money in savings accounts and we look at people’s budgets, we say, “Look, your homeownership costs are going to go up and these guideline numbers we’re talking about are not nearly enough to cover keeping the kids in the house.”

    So you told me you’re interested in keeping them in the house. Let’s find a way to do that. That might mean deferring your share of the equity. It might mean higher support payments. It might mean one of you stays in the house and the other stays with a friend and has their parenting time via nesting in the former marital residence. We try to bring up creative options to get people thinking outside that box of “I get half of what it’s worth and I want you to pay me now.”

    Jody: I’ve been involved in a lot of mediations around this topic and sometimes I’ve unfortunately witnessed mediators who in my opinion are not prepared for that type of conversation. I once had a client who adamantly was not moving – she was keeping the house. The divorce was disruptive enough, not doing that to the boys.

    I said, “Okay, I can qualify you to refinance this mortgage. You are going to be house poor.” She started telling me how her boys played competitive baseball. Mine played competitive baseball – it’s not cheap. Having this conversation with her, I said, “Kids are resilient. They will be happy where they see their parents happy. Would you rather keep them in the same house and then say, ‘I’m sorry, honey. I can’t afford for you to go on that baseball tournament next weekend to Omaha because I have to make the mortgage payment’?”

    I don’t regularly see it handled in a professional manner that addresses the emotion and the financial aspect. How do you work with your clients to pull back the blinders and look at it from a pragmatic standpoint?

    Joe: A phrase that I’ve coined that I really use over and over is “do the discovery before the deciding.” People come in and say, “We got it all figured out.” We’ll see how this goes. At the end of the day, you say to folks, “Listen, we’re going to start off with information gathering. We’re not talking about what we’re doing. We’re not deciding on anything. We’re not even digging into the issues. I just want you to go through our proprietary process.”

    One of those pieces is a thorough budgeting exercise. A lot of people don’t budget – we just spend money. Tonight, when you’re bored, go online, log into your online banking account, your credit card, and count up how many auto debits hit your credit card every month. Netflix, Spotify, Apple, iTunes, whatever it is. They’ll come back with 20, 30, 40, and you’re like, “Yeah, because we stopped paying for things. We just get charged for things now. We forget how much things cost.”

    By forcing them to fill out these really detailed 100-different-category budget workbooks and dig in deep – breaking them out into housing costs, transportation, personal, entertainment – it really gets them digging. Then we set it aside completely.

    When we get in the thick of the conversation, we say, “Okay, this sounds like what you guys want to do is keep the house. We’ve talked about what some of the support numbers look like. Let’s go back to those budgets now and see if it’s realistic.”

    Usually there’s a pretty significant disconnect. Usually the amount they’ve talked about for support and the money somebody’s going to have to pay and what their mortgage is going to go up – because if they’re going to take cash out of the house, your mortgage payment isn’t going to be the same as it currently is.

    We say, “Okay, guys, knowing what we know now about the finances and how this might not be realistic, does that change your thought? Does that change whether you want to keep this house for the emotional reasons?” If it’s still no, we still want to keep it because we’re really emotionally tied to it, here’s what it’s going to take from both of you.

    We separate that. A lot of people want to come right in with their numbers and say, “Look, we put this all together and this is what we’re going to do and we just want you to look at it.” It’s like, “No, no, no. We’ll get there eventually, but we want to put that aside.” Separate the discovery from the deciding.

    Jody: When do you typically bring in a mortgage professional such as a certified divorce lending professional, and how much do you know about a CDLP?

    Joe: I bring somebody in like that very early in the process. My process goes like this – I always start with people with kids because most of our clients have minor children. I always start with the parenting plan, and maybe I’ll reveal a little bit of my secret: in my experience, if there’s one topic people are going to agree on or have less disagreement about, it’s the parenting plan.

    By starting with that in a mediated divorce, you get to say to people, “Hey look, you guys are doing great. Good job. We reached an agreement.” We’re professionals, but part of it is encouraging the parties to remain engaged in the mediation process.

    The next thing I do is the budgeting process. Before we even get into child support, alimony, property division – which usually for me are way down, weeks or months away – I now look at the budget and say, “Well, okay, here’s your mortgage payment.” I ask them to break it out into principal and interest, homeowners, and taxes.

    They’re like, “Why do I have to do that?” Because your taxes are going to go up, your homeowners are going to go up if you refi. But it’s your principal and interest that we’re really worried about. We need to understand exactly how much your mortgage payment is going to go up.

    If they tell us early on, “One of us has an inkling to keep a house,” that’s when I say, “Listen, before you even go through the rest of this process, because we don’t want to come to an agreement, and then you’re done with me and you’re in the filing process and then you go to a mortgage professional and it’s like, ‘Oh, no, you don’t qualify.’” We do it right after the first session.

    Jody: That’s awesome. Because you got to know that stuff.

    Joe: You got to work with somebody who’s able to work with you. I’m self-employed. My wife and I work together in our own business. Every time we apply for a mortgage, you go through the whole laundry list of documents you need. We’re not like other people – we’re self-employed. We don’t pay ourselves a paycheck regularly, our expenses are wrapped up in our business.

    A divorced person or divorcing person, even if they have a job, even if they have a salary, they are also a non-traditional person in my opinion. They need a professional who can say to them, “Look, we’re going to have to work together to advise you on how you will be able to qualify.” It’s not just going to Bank of America, giving them your pay stubs, and they go, “Awesome, you qualify for a million dollars.” That’s not divorced people.

    Working with someone who is certified in this kind of lending and who is a lending professional, not just somebody who decided “I’m going to do this because I think I can make good money” – that’s critically important so the person isn’t disappointed and our whole negotiations aren’t wasted.

    Jody: That is truly the value of working with a certified divorce lending professional. As you know, coming from the finance world and blending it into divorce, it’s a whole other world. As a CDLP, if we’re coming into mediation or collaborative, whatever the process, we are trained to see the red flags because what’s available as a legal option may not be available as a mortgage option.

    If we are looking for income streams to make sure you can qualify on your own, let’s make sure the language is there, or how can we work with your finance team to make sure we are not impeding on your estate planning or financial planning because we all want to preserve our clients’ assets. Sometimes there has to be flexibility there.

    Traditional loan officers don’t think about anything like that. Their tax filing status is going to change – they’re going to go from this nice, sweet, standard deduction to either single or head of household. And it does have an effect.

    We have this amazing report called the Divorce Mortgage Planning Real Property Report where we dig into the details of the property – everything the mediator, the attorneys, whomever needs to know about the property. We see things differently. You guys might be looking at titling from an ownership perspective; we’re looking at it to see how that can affect how much equity we can even access in the house.

    On our page, if we’re running equity buyout scenarios, we have a little dropdown for what your new tax filing status is going to be. Sometimes, believe it or not, going from a three and a quarter percent interest rate to five and a half, when you take into consideration the after-tax cost of funds, sometimes it’s a wash.

    Joe: People are so tied to interest rates. Some people say, “I’m not getting rid of this three and a quarter percent interest rate. I’m not doing it.” When you look at your tax status change and the effect on your standard deduction, there’s a cost sometimes to keeping that three and a quarter percent interest rate. You’re either going to refinance and pay a little bit more in interest, or you’re going to pay Uncle Sam at the end of the year because you don’t get that big deduction. When you show them the financial aspect of it, it’s a game changer.

    People don’t think that. They’re so quote-unquote “married to the rate” that they want to divorce the rate, not just their spouse.

    Jody: That’s so funny you said that because I always tell people in session, “You marry a house, you date a rate.”

    Joe: When my mom bought the house out from my dad in the mid-80s, she thought 11% was a good interest rate, and it was at the time. Eleven was down from like 18% or whatever it was.

    There’s also the concept of utility. You’re paying this interest, but let’s say you were to pay that to rent – you’re not going to get any equity back out of that. I happen to live in California now, and the real estate is nuts out here, but it grows by leaps and bounds. Even if you took on a higher interest rate, you could probably say with some certainty that the value of your house would double in five years. That’s not a guarantee, but out here it’s kind of close.

    If I pay more in interest, but the value of my asset is going to skyrocket, maybe if I can swing that monthly payment, I could do that.

    Another one I wanted to mention – I ask people to prepare a balance sheet and get a value on your house. Get an appraisal, a real estate agent, combine them, average them. I try to explain to people that if you go on realtor.com it may be inflated, so go for a professional, pay the $300, and get the appraisal.

    Then they get the balance off their mortgage statement and I’m like, “Heads up, that’s not exactly what the payoff amount of your mortgage is.” You need to know this because you’ve got prepays and taxes and escrow and all that. You really need somebody, and unfortunately it needs to be someone other than me, because I want to maintain my status as neutral nice guy.

    I want to send them off to a professional and say, let the professional explain to them that your buyout isn’t going to be value minus equity. There are other fees and costs associated with this. I don’t claim to understand that because I’m not a mortgage professional like you are. I know enough to be able to refer. That’s the key thing. I have a master’s in finance, but guess what? I still pay a man to do my taxes because I’m not a CPA.

    Jody: Even if one spouse wants to keep the house and somebody else says, “Well, I want to go buy a house,” there are things we can help with in the language of the agreements to make sure that going forward, you won’t get hit with this mortgage payment if you’re still on the mortgage. It does take a collaborative effort from all the professionals.

    One of my comebacks to people when they say, “Well, I don’t want to pay this kind of interest rate. I’m going to rent,” I’m like, “What’s the interest rate on rent?” They ask what I mean. I go, “The interest rate on renting is 100%.” One hundred percent versus 7%.

    It’s all about being informed. They will be educated in ways they never thought they would have to be educated in the past. Divorce changes everything – the way you socialize with your friends, the way you qualify for a mortgage. It’s not as simple as it was previously.

    Tell us more about your practice and how you offer services, because I saw on your website you have an online mediation program.

    Joe: This is a little background on us. When the pandemic hit and the world shut down, a lot of mediators scrambled to move their practice online. We’ve been mediating online since 2011, and we’ve come to find out that we actually may be the first or one of the first people to do that.

    It started out as a happy accident. We got a call from a gentleman whose wife was agoraphobic and she wouldn’t leave the house. He wanted to mediate and said, “Is there anything you can do?” I thought, “Well, no problem.” It just so happened he lived 15 minutes from me when I was living in New Jersey.

    He said, “Actually, my wife is also obsessive-compulsive and she’s afraid of germs, so she won’t let you in the house.” I said, “Okay, I’m not really sure what we can do.” I wandered into my partner Cheryl’s – my wife’s – office and said, “Here’s what happened. What do you think?”

    She said, “You know, there’s this technology called WebEx, and you might want to offer it via telephone and screen sharing.” There were no cameras – we didn’t have the bandwidth in 2011 to push video like this. I reached back out and said, “You want to give this a shot?”

    He said yes, and we scrambled and made up PowerPoint slides and Excel spreadsheets and shared our screen. It was awkward, it was clunky, but it worked. We thought about it and started offering it. Over the years, more and more people took us up on it until finally when the pandemic hit, it just became the way to do it.

    At the time of the pandemic, we had been mediating online for nine years already. Now that’s how we mediate exclusively online. Here we are, 14 years later. You have to have a process and structure. There’s a lot you need to do to be an online mediator because there are corners you have to peek around and landmines you got to avoid.

    We’ve been doing this such a long time now, it’s such a natural part of our process that I wouldn’t even know what to do if I was sitting in a room across from two people.

    Jody: Do you mediate nationwide or just in your specific locations?

    Joe: We mediate in six states. Washington, California, Illinois, New York, New Jersey, and Pennsylvania. That follows the trajectory of where my wife and I have lived and moved across the country. They’re also mediation-friendly states, and we enjoy practicing there.

    We have practiced in 13 states in the US. We have also done divorces in Canada, France, Thailand, Japan, Hong Kong. People find us and what we tell them is, “Look, we will help you negotiate the framework of your agreement, but then you’ll need a legal professional in France, for example, to be able to do this.” Mediation is not as well-known in some of these places, but people just wanted to have conversations as parents or conversations about their property.

    We’ve been really blessed and fortunate that people have found us worldwide, but we know those six states very well. We know how divorce works in those six states. We have our professional affiliations and network of people.

    I think that’s an important thing to bring up – no woman or no man is an island. As a practitioner, bring in people who know, like certified lending professionals, divorce lending professionals who know this part of the business, CPAs, or when necessary, if you see something funky going on, “Hey guys, you got to see a lawyer.”

    We don’t require people to retain attorneys, but as a mediator, if I see something weird – somebody hasn’t filed taxes in five years and suddenly they don’t own a single bank account or credit card – you’re like, “Wait a minute. I was born at night, but not last night.”

    Going back, it’s pretty unusual that we are exclusively online. We’ve been doing it for 14 years. People seem to enjoy it because we work with a lot of professionals like C-suite people and folks who travel a lot for their jobs. We can meet when one is getting divorced in California but currently on business in Dallas, and we can make the process still move forward for them.

    Jody: If any of our listeners wanted to reach out to you and Cheryl, how would they find you?

    Joe: The best place is our website, equitablemediation.com. I always got to be careful not to spell it as “meditation.” We get that a lot. On there, we have our learning center where you can go and research things.

    I think a theme that you and I both share is an educated client is a good client. You don’t have to be an expert, people. You don’t have to do it yourself. Hire a professional, build your team, get your people on board, but it’s good to have a little bit of information up front as a client to know what they’re doing.

    We have a whole learning center with courses and podcasts and blog articles and videos. You can basically go out and get educated. Then there’s information on us, and if you want to schedule a free call, you can certainly do that.

    If you’re a divorcing couple and you’re not really sure if mediation is correct for you, schedule a free call with my partner Cheryl, or you can schedule a meeting with me if both parties want to be present. We really just want to give people information, let them decide if mediation’s right for them, and then we’re always happy to help any way we can.

    Jody: Joe, I really appreciated this. It was a fun, engaging conversation and I look forward to having more of these conversations in the future.

    Joe: Thanks for having me. I really appreciate it.


    Contact Information:

    • Website: equitablemediation.com
    • States served: Washington, California, Illinois, New York, New Jersey, Pennsylvania
    • International mediation services available
    • 100% virtual mediation platform (14+ years experience)
    • Free consultation calls available
    • Comprehensive learning center with educational resources
    • Host: Jody Bruns, Divorce Lending Association (CDLP and REMS certifications)

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  • Podcast: The Transformative Power of Mediation in High-Conflict Divorces

    Podcast: The Transformative Power of Mediation in High-Conflict Divorces

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    Joe sits down with the team at Been There, Got Out to discuss how mediation can transform high-conflict divorce cases. Joe talks about how his finance and negotiation background informs his approach to mediation as an effective alternative to courtroom battles, even in cases involving domestic violence or financial abuse.

    Joe addresses common misconceptions about mediation, explaining how it requires patience and preparation rather than being a quick fix. He discusses treating divorce mediation like a business transaction, sharing insights on removing emotions to focus on data-driven decisions. Joe offers practical advice on preparing through budgeting and asset documentation while keeping children’s needs central. He wraps up by talking through how to determine if mediation is right for your situation, along with an encouraging reminder that a better life awaits beyond the turbulence of divorce.

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    Disclaimer

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” disable_idd=”no” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”0px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Anything discussed in this podcast should not be construed as legal, financial, or emotional advice. It is for informational purposes only. If you are in need of such advice you MUST seek the guidance of a qualified professional where you live. The transcript below was auto generated and may contain errors.

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    Strategic Mediation: Joe Dillon on High-Conflict Divorce Cases

    Host: Lisa, Strategic Mediation Expert
    Guest: Joe Dillon, Equitable Mediation Services


    Lisa: We’re going to be talking about mediation. I know we might have a very hesitant, doubtful audience, but in our experience exclusively dealing with high-conflict cases, we’ve found mediation to be extraordinarily effective. Before you even introduce yourself, Joe, what percentage would you say mediation is a better option than litigation?

    Joe: If I had to answer that question, I’d probably say 90 to 95%. If people are willing to disclose and willing to engage in good faith negotiation, no matter how high-conflict you are or how angry you are, mediation can work. It’s when you get people who are dissipating assets, hiding money, or being abusive – emotionally, physically, or financially – that’s really when you need the protection of that courtroom, lawyer, and judge.

    Unfortunately, we see about 2% of cases go to litigation. That tells me if you’re willing and able, 98% of folks out there could actually wind up mediating or engaging in collaborative divorce where they work with attorneys in real time rather than battling it out in court.

    Lisa: Even those cases you mentioned are the only cases we deal with, and we still find that depending on the situation, many do really well outside of court. Even if you’re dealing with domestic violence, it’s not fair that you should be limited only to litigation because that costs more money and you have less power. We always say it’s worth a try. A lot depends on your perspective and attitude going in – if you already say it’s not going to work, then it probably won’t work. How about you officially introduce yourself?

    Joe: Thanks for having me, Lisa. I’m Joe Dillon, a divorce mediator and founder of Equitable Mediation Services. We practice in six states here in the US. I have an unusual path – my background is an MBA in finance and negotiation, so I deal with people with complex financial situations, financial infidelity, and financial abuse.

    My parents are actually a great example of what not to do because they litigated their divorce and were beyond high-conflict to the point that my dad was restrained in the courtroom because he was going to go after the judge over the child support amount. I sat in the back of the courtroom and watched this unfold.

    Lesson to viewers: if you have kids, don’t bring them to court – really bad idea, scarred for life. But also, you can do this in a better way. No matter how angry or high-conflict you are, the whole idea is to get through this process so you can start emotional and financial healing and move on with your lives. If you have kids, be better co-parents.

    Lisa: Let’s say you have a person dealing with a very difficult ex and you have them in mediation. Are there things you as a mediator do differently with cases like ours?

    Joe: Certainly. When you have folks who are amicable, it’s easy for them to get along, communicate directly, and decide things together. In high-conflict cases, we do a lot more options creation because sometimes people get so mired down in details that conversations spiral off track.

    Rather than deciding right there in real time, I’ll create a number of options with them. For example, with a house, I know there are seven different ways you can handle a house in divorce. Most people don’t think of that. I’ll say, “In your situation, does this make sense? Does this make sense?” We’ll limit it down to maybe two or three options.

    Then I’ll say, “I want you to independently go away and think about these options and prioritize them.” What often happens is people don’t realize they might actually be more in agreement than they think – they’re just so angry at each other. We in our profession call it “violent agreement” – you’re screaming so much at each other you can’t hear that you both want to sell the house.

    When we get them to do that independently and they come back, we lay their choices up on the screen and say, “Well, your number one choice is sell the house and your number one choice is sell the house. I guess we have agreement.” It sounds like a game show – “Survey says!” – and it is weird.

    My background is in negotiation, and I’ve been studying negotiation for about 30 years. There’s a reason they call it “game theory” – it is, in a way, a strange, dysfunctional game. Not that divorce is a game by any stretch, but you’ve got to think about choices, options, winning, losing, giving, and getting.

    We try to get people to avoid the conversation in the session, go away and think about what they want, put all the stuff they agree on in the corner – because usually these people agree on most things, they just don’t realize it – then spend our time on the one, two, or three issues that might really upset things.

    Lisa: I love that phrase “being in violent agreement.” We work a lot with our clients on strategic communication and negotiation in writing before they even get before a professional. One of the things that’s the backbone of communication is something we call the universal agreement – we both want the same things. We try to align it with some value of the court. For example, neither of you wants to waste a ton of money. Most people won’t say, “No, I don’t care about money.” You anchor them to “we both want to save money, so let’s keep doing this instead of jumping into the courtroom.”

    Joe: Absolutely. As a negotiator, one thing you do is always ask questions you already know the answer to – you don’t want to be surprised. By gaining momentum, I’ll ask someone, “Do you love your kids?” What are you going to say – “No, they’re terrible little children”? We have agreement that you both love your kids. Great! Look at us agreeing. You build up on the smallest things to create goodwill and momentum.

    When we talk about money, you can say, “It’s Johnny or Alicia’s graduation day, senior year, and you’re standing there saying, ‘I’m so sorry we had all this money in a 529 for you and were going to pay for your whole college education, but we chose to litigate our divorce and spend $200,000, so now you’re going to have to get loans and apply for scholarships.’”

    You try to put people in that future space to say this is what will happen from personal experience – it happened to me. Don’t think you’re going to be different. If you can get people out of the current space and thinking about downstream impact, that helps a lot.

    Lisa: I remember from my own mediation experience years ago, the mediator served as this authority figure – almost like he was the one who would say what the judge would say. When my ex said something like “I don’t think I should pay child support unless the kids and I have a great relationship,” the mediator said, “That’s not going to fly at all in court, so let’s come up with a number.” Had I said that myself, he wouldn’t have listened, but I liked having someone there who had that authority but wasn’t forcing anyone to do anything specific. Can you talk about your role?

    Joe: People ask what my role is, and I think of it as part guide, part referee, and part cheerleader. As a guide, I’m experienced in these issues in these particular locations. In a New Jersey divorce case, I’ll say, “This is how the guideline works. I can’t guarantee what a judge will say, but is there any good reason you have that will make the judge say, ‘Oh yeah, you’re right, you can ignore the guideline’? I’m not seeing it.”

    As the referee, I get “We decided I’m not paying child support.” That’s great that you decided it, but you’re not the authority. Now as the referee, I have to enforce the rules – blow the whistle, throw the flag.

    As the cheerleader, you’re trying to encourage people to keep engaged, keep talking, keep being involved because their communication has been dysregulated – either they’re ignoring each other or screaming at each other. That was my house – periods of intense screaming and then months of silence with my parents.

    You’ve got to keep them positive, engaged, talking. By understanding the rules of engagement and how this might shake out, you can convince them why bother getting that answer when I’m giving it to you now as part of the process for less money. It’s a delicate, gentle reeling-in-the-fish kind of thing.

    Lisa: Speaking of rules, I remember from when I used to teach high school – in the first week, instead of me dictating, we’d figure out class rules together. As you know, things can get very intense and sometimes the process gets deflected because somebody wants to blame about why we’re here and how this happened. How do you deal with someone who keeps shifting the spotlight from progress to the past?

    Joe: I was never a high school teacher, but I apparently engage in the same process. Before we even mediate, we have a one-hour strategy session where we lay down the rules. We put up on the screen a series of rules that talk about the difference between mediation and therapy. As we say, mediation is therapeutic but it is not therapy. We want you to have a cathartic moment, come to agreement, and move forward.

    One key tenet of mediation is it’s a forward-looking process. I have a favorite quote by Bird Bagot that I put up on the screen: “View life through the windshield, not the rearview mirror.” That’s always our totem.

    We talk about rules of engagement in mediation – taking notes, confidentiality, being respectful. We talk about the role of attorneys because in high-conflict cases, there may be a need to involve attorneys outside the process. We don’t require you to have an attorney, but we highly encourage you to have one if you feel the need.

    I had a therapist colleague who taught mediation with me at Northwestern University. She was an experienced therapist with 40 years in the business, and she would say to mediation clients, “This sounds like an old argument. How has that been serving you?” It’s a little mind shift – has this gotten your relationship on track? Has this improved your lives? Do you feel better every time you have this argument?

    Of course they’re going to say no. Maybe this isn’t serving us – why don’t we try to move forward? The focus is constant moving forward. My job is to help you negotiate and craft an agreement that’s going to govern your co-parenting and financial relationship from day zero moving forward.

    Lisa: People also have the idea that they go to one mediation and if everything’s not resolved, then it’s a failure.

    Joe: Right! To give you an idea, a lot of the cases we work with are longer-term marriages, more complex financial situations – 20-year marriages. I’ll say, “You guys have been married 20 years, probably dating for some period prior, so you’ve managed to create these legal, financial, and emotional entanglements for 25 years. Do you really think it’s going to take two hours to unlearn that?”

    We have a lot to unpack. For our clients, usually in high-conflict situations with our two-hour mediation sessions, you’re looking at probably five to eight sessions plus the one-hour strategy session. You’ve got to be willing to put in a full work day to engage in this.

    If you’re waiting for a judge or court or your lawyers’ schedules to sync up, you’re looking at two to three years. If you’re meeting with me five, six, seven times every other week, you’re looking at two to three months. If I’m mired in dysfunction, pain, and suffering, I want to get out as soon as I can.

    You have to be willing to put in the time and do the work. You’re paying lawyers and paralegals money to go get your tax returns and bank statements – I can give you a list and on a Saturday afternoon you can do it for free. Do the work, give it to me, do the discovery, do as I ask, and engage in sessions regularly.

    Lisa: You said your sessions are two hours. Some of my favorite mediator friends also say sessions should be short, but sometimes our clients are stuck in these 9-hour mediation sessions, which was a complete waste of time. Why do you do two hours versus full day?

    Joe: We had dabbled with full day, and sometimes that works for people who travel a lot, but it really only works if they’re amicable and prepared. Divorce by its very nature is a conflict – by definition, we don’t want to be married or one of us doesn’t want to be married.

    Having a full-day session is exhausting for both the people and the practitioner. My clients are counting on me to be my very best. I take my job seriously because I want to be that strong presence, guide, authority figure, and emotional support because you’re going through a tough time. But I’m human – after three, four, five hours, this piles up on me as well. There’s a point of diminishing returns.

    I like to go to the gym – that’s how I blow off steam. Every personal trainer or physiologist will tell you that you go to the gym for about an hour, and when you’ve broken your muscles down from lifting weights, the growth happens in the rest period when you sleep that night and relax tomorrow. The growth doesn’t happen in your sixth hour of bench presses – you’re just hurting yourself.

    Two hours is enough to have good momentum, good progress – warm up, recap, substantive progress, cool down, what do we do next session. It keeps people in a good meter. We can take a break at the one-hour mark for coffee or a walk. We’ve tried shorter and longer – two hours seems to work best.

    Lisa: I’m thinking about a situation with a client where they went to mediation, agreed on a few things, but didn’t flesh out the details of a full parenting plan. Our client’s attorney said, “You have to sign this mediation thing that’s skeletal,” and I’m thinking, when are we going to get the parenting plan? How do you deal with that catch-22 – if the client signs it, maybe they’re stuck with just that, but if she doesn’t, she has to go to court?

    Joe: A good mediator – and I like to think of myself as one – is not going to let you get out of session until you have a fully fleshed agreement. I use a little levity to diffuse tension. I’ll say, “Listen, I’m a nervous person. I worry about you when you’re gone. Do this for me – could you just flesh this out with me? Just do it for me so I can sleep tonight.”

    I truly am the kind of person where at 4 in the morning my wife will be like, “What are you doing?” I’m like, “They didn’t finish the parenting plan.” She’s like, “It’s 4 in the morning, what are you talking about?” I’m worried.

    I like to poke fun at myself and say, “What would make me happiest is if when we’re done with mediation, you never look at this document again because you’re co-parenting so well that you don’t need to turn to page 12 to see that it’s 5:15 and you’re supposed to be at McDonald’s dropping the kids off. That’s my dream – to basically make myself obsolete.”

    But flesh it out – it’s there if you need it. You’ll save yourself time, money, and heartache. Life changes, new people get involved. Not to be callous, but my hope is that this too shall pass and you will find happiness, perhaps with someone else. You’re going to want to know if it’s Thanksgiving and you’re going to your new spouse’s house 400 miles away – do you have the kids on Thanksgiving? When does Thanksgiving start and end? Do you travel Thursday morning or Tuesday afternoon? These are important details.

    Lisa: When you’re talking about having it in your filing cabinet, remember this audience – they all have it attached to their laptop, it’s on the desk next to them.

    Joe: My hope is that one day you’ll be like, “What’s this?” My wife was divorced before, so one day we were moving and going through papers in the safe. I found her divorce decree from 20 years ago and was like, “Oh my god, here’s your divorce decree!” She’s like, “Oh, I was wondering where that thing was.” That’s my goal for you.

    Lisa: You talked about things people can do by themselves ahead of time to prepare properly for mediation.

    Joe: You can gather documents if that makes you feel better, but the challenge is if you’re in a high-conflict situation and someone finds you asking for pay stubs or tax returns, that may derail progress and harm things more than help.

    What you can do, however – I’m a firm believer in budgets. You’re engaging in what will invariably be the single most important negotiation of your life because what you do now will impact you for the rest of your natural-born life. Wouldn’t you want to take time to get prepared and know what you’re going to ask for?

    Think of a little kid who says, “I want to eat 20 cookies.” As a parent, you say no. What’s the first question? “Why?” Because I said so. Why are you asking for $5,000 a month in alimony? Because I prepared a budget. If you’re going to buy a house and I need to rent an apartment, here’s the cost for a three-bedroom in the same school district, here’s my car payment.

    You’re removing emotions from the conflict and using data. In high-conflict situations, it’s going to be “You always spent my money” – no, here’s the data. When you’re having these conversations, this is why I need this much child support, this much alimony. Same with property division – “I decided I’m keeping the house.” What does that mean to your entire financial future? Don’t make these decisions in a vacuum.

    Make a list of all your assets and liabilities because you want to remove emotion from the conflict and negotiate as a business transaction. In high-conflict divorce, emotions are the oxygen that feeds the fire. Remove the emotions, remove some of the oxygen, and the flames lower.

    Really, we’re talking about negotiation – what will you get, what will I get, what will you give, what will I give. Go on apartments.com, search three-bedroom apartments in our town, knock yourself out. Come back next session and tell me what you found if you disagree with your spouse. The idea is data, information, not emotional decisions, but data-driven, analytical decisions.

    Lisa: What you’re saying aligns with what we do – we tie it to best interest or custody factors. The reason you need to figure out that data is you’re thinking about your kids’ routine. If they’ve been going to the same school for years, you have to live in the same area because if you don’t, that’s going to disrupt their routine.

    Joe: That’s the key – we’re in this together whether we want to be or not. We are married, still legally bound to each other, still parents. In high-conflict cases, a lot of that conflict comes from one person wanting the divorce and the other one doesn’t. The reluctant spouse digs in and makes it as difficult as possible – “Well, you want the divorce, you figure it out.”

    As the guide and cheerleader, you’re trying to engage them. Isn’t it in your best interest to ask for what you want and get what you need? We need to know what that is, otherwise you’re going to have something dictated to you, especially if you wind up in court.

    Judges are people who just decide things. I’ve had many friends go through divorces – it’s completely arbitrary. Sure, there are guidelines and rules, but the judge has a lot of discretion. In California, for example, the judge can decide we’re not going to put a duration on alimony if you’ve been married 10 years or more, and you’re going to come back when I say so. Do you really want that?

    Engaging people and explaining the downside – you’re going to have a settlement dictated to you or waste a lot of money – definitely helps in high-conflict situations.

    Lisa: What you described with the judge, I always think of The Wizard of Oz – you’re going in, you’re Dorothy, that’s the Wizard, you don’t get to decide once you’re in there. One of the options is to try to stay out as much as possible and realize it is a process.

    Joe: You got yourself into this, so get yourself out of it. You have to have a role in it. You can’t just sit there, fold your arms, hold your breath, and pout. You were adult enough to get married and perhaps have children, so now you need to be adult enough to end your marriage and move forward with your life.

    I remind people that my number one goal in mediation – and forgive me for being direct – is to piss both of you off slightly. If both of you are slightly angry with me when this is over, I’ve done my job. If one of you says, “That was the best divorce ever,” chances are the other one is like, “That guy really screwed me.”

    My best hope is that both of you are slightly upset with me. Engage with me, help me do this, get through this process, put your emotions aside. I know it’s easier said than done, but working with folks like you, therapists, divorce coaches – the mediation or litigation process is not the time to do the emotional work. Deal with the emotions outside the process so you can come in calm and centered. Even if you improve that much, it increases your chances of avoiding litigation.

    Lisa: Does a judge take into consideration what you agreed to in mediation when they make a decision?

    Joe: If you’ve agreed to stuff in mediation, the whole idea is not to blow that up. We’re really narrowing it down – think of it like a funnel. In mediation, we want to get you from here to here so you’re focusing on one thing in court if you wind up there.

    I don’t think a judge has any interest in blowing anything up if people have agreement. In states like New Jersey, they have an early settlement panel – if you can’t work it out in private mediation and try to engage with the court system, you’re going to court-ordered mediation. It’s three people – usually a lawyer, parenting coordinator, mental health professional, maybe a finance person – who volunteer and do this.

    If you go in front of these folks and they make a recommendation, more often than not the judge is going to take that recommendation. Even if you’re unhappy, I’ve had friends try to get in front of the judge, and the judge says, “Why are you here? I’m going to agree with what the early settlement panel said. Is there anything else? Can we move on?”

    The legal system doesn’t not care about you, but it’s a system filled with people doing the best they can. By recent accounts, a colleague in Washington said post-pandemic the court system is down 40% in employees – they just never came back. They were already short-staffed, now they’re down another 40%. Do you think these people want to listen to you complain about how someone left the toilet seat up? They’re overwhelmed and just want to go home and have dinner.

    Your conflict, while it may seem like the world to you, the process is designed to just get the stamp on the paper and bring in the next case. These judges are being judged on how many cases they move through the system – that’s how they get promoted, raises, shown as successful. Their goal is to move you through.

    Your best bet is to stay out of the system because they want you out, and if you go, they’re probably going to order you to at least try mediation anyway.

    Lisa: I say see me now or see me later, your choice.

    Joe: That’s it. You can see me now while you have a chance – you haven’t spent money and screamed and yelled at each other for months or years – or you’re going to get kicked back here anyway. That’s the beauty of mediation – in high-conflict situations, people can feel comfortable knowing give it a shot. If it doesn’t work out, you can always go to the next step – escalate to lawyers, collaborative, litigation.

    I’ve got clients here and there where they didn’t get all the way, but look at all the things you did agree on – some really thorny, sticky issues. Don’t throw that away. You got a parenting plan, child support – you’re only arguing over the 401k. You couldn’t figure it out here? No problem. Limit it to this one issue. Don’t rip the Band-Aid off and suddenly try to dress the wound again.

    I’ll write up mediator notes saying in mediation the parties discussed this, here’s how they got here, here’s what they agreed to, here’s the process we used. My hope is they’re not blowing the whole thing up. Smart couples, high-conflict couples smart enough to put emotions aside and say, “Let’s just get through this so I can get away from you and you can get away from me” – use your anger as motivation and move forward.

    Lisa: Can you tell people how to find you? I know you’re in California but practice in different states and do a lot on Zoom.

    Joe: Here’s a fun fact – I think we were accidentally, if not the first, one of the first practitioners to mediate online. We started in 2011 when we had WebEx and telephones – we didn’t really have cameras and high bandwidth. It started with a gentleman whose wife was agoraphobic, afraid to leave the house. He asked if there was anything we could do to help.

    My wife Cheryl, who’s my partner and our divorce coach, suggested we try screen sharing. We made slides in PowerPoint, Excel spreadsheets, worked on the telephone, shared my screen, and mediated. It was Call of Duty – I’ll totally admit that – but over the last 14 years, we’ve honed our process. We do 100% online and practice in Washington, California, Illinois, New York, New Jersey, and Pennsylvania.

    The best thing to do is go to equitablemediation.com – be careful not to type “meditation,” though we could use a little meditation here. We’re big believers in knowledge – we think knowledge is power and educated clients are good clients.

    If you get to the homepage, at the bottom you’ll see “Learning Center.” Go there for tons of blog posts, podcasts, a free video course, other courses. We just want you to get educated, but always work with a professional. I’ve been doing this 28 years – we go to school, live, eat, sleep, and breathe this stuff. Get educated to a point, but definitely rely on professionals to take you the rest of the way.

    If you’re in one of our states, you can click “talk to us” to schedule a free call with our divorce coach, my wife Cheryl, to see if mediation works for you. I’m a real straight shooter – if it’s not going to work, I’m also going to let you know that. I don’t want to waste your time or money. I want to help, but if I truly believe I can’t, I’m going to refer you to someone.

    Lisa: Being blunt is what we do too – we call it the harsh New York reality check, and you’re a fellow New Yorker transplanted. Thank you so much for coming on and talking about this. This is very helpful.

    Joe: I hope everyone enjoyed it. I know it’s a tough time, but this too shall pass. You just have to remember: I am strong, I will get through this, and I’ll come out better on the other side. I know it’s devastating when you’re in the middle of it, but hang in there, stay strong, stay focused. Work with folks like you to get through the process and build a better life on the other side.


    Contact Information:

    • Website: equitablemediation.com
    • States served: Washington, California, Illinois, New York, New Jersey, Pennsylvania
    • 100% virtual mediation services available
    • Free consultation calls with divorce coach Cheryl
    • Comprehensive learning center with courses and resources
    • Specializes in high-conflict and complex financial cases

    [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_global id=”2082″]

  • Podcast: What Happens When Love Ends and Uncoupling Begins?

    Podcast: What Happens When Love Ends and Uncoupling Begins?

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    Divorce doesn’t have to be a battlefield. In this episode, Joe sits down with Rhoda Sommer to explore the growing popularity of divorce mediation: why so many couples are turning to it, what it can save you emotionally and financially, and when it might backfire. From power imbalances to hidden agendas, we’ll unpack the pros and cons of sitting down at the table instead of standing before a judge. This conversation pulls back the curtain on what works—and what doesn’t—when love ends and uncoupling begin.

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    Disclaimer

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” disable_idd=”no” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”0px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Anything discussed in this podcast should not be construed as legal, financial, or emotional advice. It is for informational purposes only. If you are in need of such advice you MUST seek the guidance of a qualified professional where you live.

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  • Podcast: How to Take Charge and Control Your Divorce Story

    Podcast: How to Take Charge and Control Your Divorce Story

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    In this interview with Intentional Divorce Insights, Joe Dillon reveals the key strategies behind Equitable Mediation Services’ exceptional 98% case resolution rate – significantly higher than the 70% industry average. Joe explains his “discovery before deciding” methodology and how financial transparency creates successful outcomes in mediation.

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    Disclaimer

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    Anything discussed in this podcast should not be construed as legal, financial, or emotional advice. It is for informational purposes only. If you are in need of such advice you MUST seek the guidance of a qualified professional where you live.

    The transcript below was auto-generated and may contain errors or omissions.

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    Intentional Divorce Insights: Joe Dillon on Financial-Focused Mediation

    Leah: Welcome to Intentional Divorce Insights. I’m Leah Hadley, certified divorce financial analyst, accredited financial counselor, and founder of Intentional Divorce Solutions. I’ll be your guide through the complexities of divorce, finance, and emotional wellness.

    Welcome back to Intentional Divorce Insights. We have a really special guest today. I just met Joe before we started recording, but I’ve actually been following his work for a really long time. He puts out fantastic content online, so I’m really excited about our conversation and hope you’ll look up the resources that Joe and his team have available.

    Joe is a pioneer in divorce mediation who has been helping couples navigate the end of their marriages with dignity and financial wisdom for over 17 years. As co-founder of Equitable Mediation Services, he combines his MBA in finance with specialized training from Harvard, MIT, and Northwestern University to guide couples toward agreements that protect both their emotional well-being and their financial futures.

    As a child of divorce who witnessed firsthand the devastating impact of attorney-driven litigation on families, Joe brings personal experience combined with professional expertise to help couples focus on creating agreements that work for everyone, especially the children.

    Joe pioneered virtual divorce mediation in 2011, nearly a decade before others adopted online practices during the pandemic. His results speak for themselves – Equitable Mediation Services maintains a 98% case resolution rate, significantly higher than the industry average of 70%.

    As a sought-after expert, Joe has been featured in Business Insider, Newsweek, Forbes, Huffington Post, Yahoo, MSN, and the Daily Mail. His blog has attracted over a million visitors. Joe believes divorce doesn’t have to be destructive – with the right guidance and expertise, couples can part ways amicably while protecting what matters most. Welcome, Joe.

    Joe: Thanks for that intro, Leah. I’m not sure who you were talking about, but that guy sounds all right. Looking forward to talking.

    Leah: I’m fascinated by the success rate you’re having. Can you talk about what you specifically do that helps couples successfully navigate this process? I know mediation gets a bad reputation online, and I’m a big proponent of mediation, so let’s talk about how you’re seeing people have this much success.

    Joe: That’s a great question. As you know, we’re kindred spirits – we’re both financial professionals. I like to remind clients the numbers don’t lie. A lot of times in divorce, the issues are very emotional and people’s emotions are heightened. They go online, talk to their friends and family who start whispering in their ear, “Don’t settle for anything. You can do better.”

    There’s all this misinformation about what someone’s entitled to. When you really boil it down to brass tacks and look at budgets and balance sheets – the total sum of assets and liabilities – that’s it. When we look at those numbers and put them in front of people, because a lot of people don’t do budgets, they don’t know what they’re spending. Therefore, they don’t know what their lifestyle costs or how much they need in support or could afford to pay.

    Similarly, many people don’t know their house value, what’s in their 401k, or how much is on their credit cards. We have so many things that auto-debit our credit cards that we don’t know how balances build up over time.

    We go through a process, and this is what I recommend to everybody: do the discovery before the deciding. People will come into a session saying, “We already talked and decided child support’s going to be this and alimony is going to be that.” I ask, “How’d you come up with those numbers?” They say, “I talked to ChatGPT.”

    When you start going through a process and put the pay stubs, tax returns, and bills on the table and say, “This is really what it’s going to cost you. Here’s what you spend on your kids,” and start pushing back gently by showing them the data and numbers, it’s really hard for them to argue. Even if they’re not happy about it, you get to that place in mediation where they say, “Okay, I see.”

    That’s how we get people into agreement – we prove to them that what they’re doing is going to work in the short and long term, is a good compromise, and it’s hard to refute when you’re looking at all the information. Our approach is analytical. We don’t ignore the emotional side, but the numbers don’t lie, and when you put it in front of people like that, it’s really hard to argue with.

    Leah: I really want to highlight a point you made – discovery before decision. That is critical. So often people are putting the cart before the horse, and that’s where we get circular conversations because we have a little information, make decisions, then more information becomes available and we realize that wasn’t the right decision.

    Joe: Exactly. The example I use is like if you and I were going to dinner in a city we’ve never been to and I said, “Where do you want to go?” You’d be like, “What’s around here? What are my choices? What’s close? How are we getting there? What’s on the menu?” That’s the discovery process – getting all that information so you can make informed decisions.

    As new information comes to light, people want to start changing their minds, and that creates conflict because one party says, “We agreed on the support number. You can’t change your mind.” In mediation, they can, especially in light of new information. If you get it all out on the table up front, it avoids a lot of that.

    Leah: You’ve said that mediation is about looking through the windshield, not the rearview mirror. What does that mean practically for couples caught up in the hurt and anger of divorce?

    Joe: That’s a great quote by Bud Bagot – “View life through the windshield, not the rearview mirror.” I love what you do with “intentional divorce.” I hope no one enters divorce thinking, “I’m going to really screw this up.” Nobody does that, but they also don’t set the intention of having an amicable divorce, coming to agreement, remaining calm, or looking forward.

    That’s part of what we level-set with people. The time for arguing is over. Whatever got you to my office, I call day zero. This is the first day. We need to move forward. My job as a mediator is to help you craft an agreement that’s going to govern your co-parenting relationship and financial relationship moving forward.

    You’ve said you no longer wish to be married. So why would we spend time talking about all the past problems and transgressions? Those are things that are only going to keep you married. You’ve come to me for a divorce – a separation. Let’s help you get there, and we can only do that if we look forward.

    A lot of folks want to bring up the past: “Well, you never did this before.” That might be true, but maybe now moving forward, you will. As a single parent, you’re going to have to. A professor I had at Northwestern had a great line when folks get into this spiral – she’d take her glasses off slowly, lean in, and say, “This sounds like an old argument.” Once you get people to recognize those patterns aren’t serving them, that’s where you unlock the magic of mediation.

    Leah: I’ve seen this in my own divorce and co-parenting relationship. I was concerned that their dad wasn’t going to help with homework because I had been the primary parent while married. But I’ve been so impressed with how he’s stepped up and how our dynamic has changed over the years. We’ve both evolved as people, as parents, as co-parents, and really allowing each other to have that space.

    Joe: People forget that the person I was yesterday, I’m not that person today. That evolves over time. The moment when you’re in the divorce process is the worst moment of your life – studies show death and divorce are some of the most stressful events. Just remembering that and looking through the windshield means having faith that it will get better over time.

    Your relationship with your ex will get better, your kids will adjust, but you have to take an active role. You can’t just lean back and fold your arms. You need to actively engage as a parent and work on your relationship.

    I even tell clients they should go to couples counseling. They think I’m crazy, but you’re still a detached family unit – still a mom and dad with kids. I’m not asking you to repair your marriage, just to communicate so your kids can see a role model. Kids are looking to you as adults, and they’re sponging what your relationship dynamic is.

    Leah: I love that you have the financial background. What are some common mistakes you see couples make when they’re in reactive mode versus making deliberate financial decisions?

    Joe: The biggest one when it comes to financial issues is they’re trying to take out their anger financially on their soon-to-be ex, and they don’t realize it’s really harming their kids.

    For example, every state has a child support guideline. We’ll run the guidelines, show them the numbers, and the person paying gets angry and says, “How come you need so much money? What are you going to do with it?” They haven’t done budgets, probably haven’t been to a grocery store lately to see that eggs cost a fortune.

    These monies are going to support that other household. Even alimony is going to afford that other parent a lifestyle commensurate with the person paying. I’m not saying both will be well off, but trying to use the financial process to exact revenge harms the kids too.

    The recipient might have to live in a studio apartment while the other person’s in a three or four-bedroom house. They might not be able to take kids out for fast food or movies while the other parent can. It creates friction because kids say, “I don’t want to go to Dad’s/Mom’s because I don’t like their place.”

    I tell people to dial back the emotions and make this a business transaction. Recognize that each of you have expenses, and it’s good that your lifestyles are roughly on par with each other.

    Leah: There can be tremendous fear around financial decisions because people aren’t taking time to understand what this means from a cash flow perspective. If you don’t have that budget in place, how do you know if you can afford that level of support?

    Joe: Exactly. Another issue here in America is health insurance. Typically the party receiving support is the lower earner and often works inside the home or has a job without health insurance. Now they have to get their own health insurance. Depending on age and conditions, you’re looking at hundreds if not thousands of dollars a month, and that wasn’t in their budget or purview.

    You have to do the work and get this information because you’re predicating support conversations on your budget. If you’re missing this $1,000 a month piece, that’s a big nut you’re missing.

    Leah: I’m always surprised around health insurance conversations where people are misinformed. You can literally call a health insurance broker and get information to become educated, but people often blindly enter those conversations without that information.

    Joe: You made a great point I want to emphasize – get educated. That means talking to professionals like you, like me, like a broker, financial advisor, whoever. Ask, “What am I in for? What should I expect?”

    Make no mistake, an educated client is a good client. If somebody walks into my office saying they read our guide to the five options of divorce and understand mediation is the way they want to go, that’s great. Sometimes I’ll tell people mediation isn’t appropriate because I want them to get the best result in their situation.

    That’s all part of getting educated from a professional who knows it, who’s been there, who understands. Then you can make informed decisions – which divorce method to use, how to negotiate financial support, how to divide property. You don’t have to do it yourself, but it’s good to have base knowledge to ask intelligent questions.

    Leah: I know you have a free course about divorce mediation on your site. Tell us about that and how people can access it.

    Joe: If you go to our website, there’s a resource center broken out by topics – courses and kits, divorce issues, divorce support. If you click on courses and kits, you’ll see our course offerings. One is the free guide to divorce mediation – a multi-part video course covering what it is, how the process works.

    I talk about the four big buckets – parenting, child support, alimony, property division – how mediation works in all those areas, whether you need a lawyer, the basics. We encourage people to watch that course, learn about mediation, and see if it’s right for them.

    We want to respect clients’ time, and if mediation won’t work because it’s voluntary and both spouses need to be willing, then at least you learned about the four big bucket topics. On our website, you can also find a guide on how to choose a lawyer because we’re not anti-lawyer, we’re anti-conflict.

    If you come into mediation and can’t mediate, we want you to find a mediation-friendly or collaborative divorce-friendly lawyer, not somebody who’s going to pull the pin out of the grenade and blow this thing up.

    Leah: I do think mediation gets a bad reputation for various reasons, but I think the biggest reason is that people enter mediation unprepared. The more you can educate yourself and understand the process, the more successful you will be.

    Joe: And have realistic expectations. One thing you know in any relationship – if you attack first, the person on the receiving end is immediately going to back up against the wall. They’re not going to want to help you.

    Think about calling customer service and saying, “Your product is terrible.” This person didn’t make the product – they’re trying to help you. If you put the guns in the holsters, come in willing to compromise, keep emotions calm, and have those conversations, you’re going to get a better result because people want to help nice people.

    When people come in saying, “You’re the mediator, you’re supposed to get me $10,000 a month in alimony,” that’s not my job. My job is to help have conversations, create options, explore options, but ultimately the decisions lie with the couple. That’s empowering because with mediation, you get to decide and create the agreement, not some third party who just walked into their courtroom.

    Leah: I love that you mentioned going to court and not knowing what the outcome will be. People always say, “I’ll just go to court and get…” or “My attorney says if I go to court, I’ll get…” But the reality is I see some weird things coming out of court that nobody would have expected.

    Joe: One of my favorite stories – I always keep everything confidential – was a child support negotiation where the gentleman was adamant he didn’t have to pay child support. Not that he didn’t want to, but that it was “all a lie, a scam, not real.” I showed him the guideline, calculator, and statutes.

    I asked what he thought would happen in court. Without missing a beat, he smiled, leaned back, and said, “I’m a likable guy. The judge is going to love me. When the judge sees me, he’s going to say, ‘Don’t worry about it. You don’t have to pay child support.’” I said, “Well, good luck with that.”

    As a mediator, I can’t tell you what to do, but you might want to reconsider that position and talk to an attorney because that’s not how this works, and judges won’t take kindly to that.

    One client called us from the courthouse hallway crying because they didn’t know they were supposed to paper clip documents, not staple them, and the judge kicked them out of the courtroom. That’s the kind of stuff you never know when you walk through those doors.

    A New Jersey Bar Association study showed only 2% of divorce cases make it to a judge. You think you’re going to get your day in court, but they’re going to push you back to court-ordered mediation, private mediation, or collaborative divorce. They only want to handle the big crazy cases.

    In mediation, we want to empower you to make those decisions and control your own destiny because when the judge decides, chances are neither of you are happy.

    Leah: Joe, I could literally talk to you all day. I appreciate the education and content you put online. There’s so much for people to learn without even talking to you. Tell people where they can find out more about you.

    Joe: The best place is our website, equitablemediation.com. Be careful when you type it – those are two hard words to spell. When you get there, you’ll see “resources” in the corner – that’s the resource center where you’ll find all this great content.

    You’ll see a button that says “talk to us” because we want you to feel comfortable. We’re people, we’re humans. My parents litigated their divorce, Cheryl has been divorced. We’ve been where you or your kids are.

    That talk to us button lets you schedule a free call with Cheryl. She’ll explore mediation with you and see if it’s right for you. If it makes sense, you and your spouse can schedule a meeting with me. We’re always trying to figure out if mediation is a good fit and if we’re a good fit.

    Go to the resource center and you’ll find our most popular content, including that free course. It’s all free – we’re not trying to collect all your information like Facebook. Just click, read, and enjoy.

    We practice in six states: Washington, California, Illinois, New York, New Jersey, and Pennsylvania. You’ll also find state-specific guides to divorce in each state – how things work, what they’re called, the process, and frequently asked questions.

    Leah: Thank you, Joe, for your time and for being with us today. For our audience, thank you for being with us. I know you’re going through a difficult time right now. We’re here to provide education and inspiration. Don’t hesitate to reach out if you have questions or there’s a topic you want to hear more about.

    [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_global id=”2082″]

  • High Net Worth Divorce Mistakes: 11 Errors That Cost Clients Millions (And How to Avoid Them)

    High Net Worth Divorce Mistakes: 11 Errors That Cost Clients Millions (And How to Avoid Them)

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    • A high asset divorce is one with $1,000,000 in liquid assets subject to negotiation and division.
    • There are a number of significant challenges unique to a high net worth divorcing couple.
    • Here are 11 critical mistakes to avoid so you don’t lose the wealth you’ve worked so hard to build.

    Divorce is challenging no matter what the circumstances. But divorces for high net worth spouses or couples with a considerable marital estate are significantly more complicated than divorces involving a more basic portfolio of assets. And there’s a lot more at stake!

    From a significant asset pool to non-traditional employee compensation, closely-held businesses, multiple high-value real estate properties, and high standards of living, valuing, negotiating, and coming to an agreement on all issues required to get a high net worth divorce is no easy feat. But how difficult (and costly) your high asset divorce will or won’t be, depends greatly on the divorce option you and your spouse choose, your eagerness to compromise, as well as your willingness to acknowledge each other’s contributions to the marriage.

    In this post you’ll learn the top concerns to watch out for in a high asset divorce. And what you and your spouse can do to preserve your financial resources and maintain control of your divorce outcome.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    What is a high asset divorce?

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    A high asset divorce is one with $1,000,000 in liquid assets subject to negotiation and division. Not included in this figure is residential or commercial real estate, or closely-held businesses, even though all of these assets are also subject to discussion and possibly distribution.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    What are the top concerns in a high asset divorce?

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”left” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Every divorcing spouse has worries and concerns, but high asset cases come with many unique financial challenges. Let’s take a closer look at some of the critical issues that affect high net worth divorcing couples and 11 tragic mistakes to avoid.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #1 for a divorcing high net worth individual: Panicking if there’s no prenup

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    If you or your spouse entered your marriage with significant wealth, a prenuptial agreement may already be in place to define separate property and/or make asset division, child custody, and spousal support more straightforward at the time of your divorce. But if you’ve more recently acquired your net worth, such a document probably doesn’t exist. Leaving you to wonder if your divorce will turn into a three-ring circus!

    The good news is it doesn’t have to, but you must choose the right divorce process.

    Bill and Melinda Gates didn’t have a prenup. Neither did Jeff and Mackenzie Bezos. Yet somehow, they were able to come to terms in months instead of years in their high asset divorce case. And they’re two of the richest couples on the planet!

    Why do you think that is?

    Because instead of litigating publicly, where a family law judge would dictate the terms of the settlement, they knew it was better to negotiate the terms of their divorce settlement privately with the help of a skilled divorce mediator.

    And in an environment of dignity and respect, that neutral third party helped them negotiate directly and reach an agreement they both found fair and in both of their interests.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]

    Mistake #2 in a high net worth divorce: Going straight to litigation instead of trying mediation first

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    If you’re facing divorce, your first thought might be to go straight to litigation in court. After all, that’s what your family law attorney said was common in complex cases like yours, and since your “attorney client relationship” is decent, you believe them. But what you need to know is that divorce mediation is a more cost-effective, efficient, and results-oriented alternative. And it can help you successfully resolve all issues necessary for divorce including:

    • The parenting plan – which outlines parenting time and the legal and physical child custody arrangements for your children, and;
    • Child support – which defines financial support for the kids’ living expenses, extracurricular activities, and other extraordinary expenses; and
    • Alimony – also known in some states as spousal support or spousal maintenance, which provides post-divorce financial support to the lower-earning spouse; and
    • The equitable division of your marital assets and liabilities – which is known in some states as equitable distribution and community property division in others.

    The issues required to get a divorce are exactly the same for wealthy couples as they are for those who earn a lower income or possess fewer marital assets. In addition to the wasted time and money, there is also a significant loss of control in divorce litigation in court.

    When you pursue a high net worth divorce through the courts, you relinquish control of the terms of your settlement and leave it in the hands of a family law judge.

    And it is highly likely you and your spouse will wind up with a settlement neither of you is satisfied with. Which greatly increases your likelihood of ending up back in court fighting about post-divorce issues in the future.

    In a paper titled “Divorce Mediation: Reflections on a Decade of Research” authored by J. Pearson and N. Thoennes, they found:

    “With respect to compliance with the agreement and re-litigation, 80% of divorcing spouses [who mediated] reported compliance, while only 60% of the adversarial parties did.”

    So if you’re willing to skip the courtroom war and instead negotiate in good faith and work together to come to a settlement you both find fair, it’s wise to mediate instead!

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #3: Letting a sense of entitlement drive negotiations

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    For most individuals, the divorce process itself can elicit a wide range of feelings. But there is one above all to watch out for in a divorce involving a significant marital estate and that’s feeling a sense of entitlement.

    On one hand, if you’re the primary income-earning spouse, you may feel that you’re entitled to retain most of the marital property you’ve accumulated during the marriage. After all, it was your income that enabled you and your spouse to significantly grow your marital estate and gather asset after asset to build your net worth. You might strongly feel that your considerable, if not sole contribution, needs to be reflected in your divorce settlement.

    On the other hand, if you’re a spouse who gave up your career to raise your children, you may strongly feel that you’re entitled to retain most of the marital property accumulated while married. After all, it was your hard work inside the home that paved the way for your spouse to build a successful business or climb the corporate ladder to earn that significant income. While you collected a paycheck of… well, $0. You believe not only are you entitled to alimony to make up for your lack of income, but a majority share of your net worth to offset all your years of sacrifice.

    If you dig in and remain fully entrenched in a divorce position driven by a sense of entitlement, your substantial assets will likely evaporate during what’s sure to be contentious divorce proceedings.

    But if you can acknowledge that you each played a valuable role in earning your accumulated net worth and becoming a high asset couple, you can more likely negotiate an equitable division of your asset pool and preserve everything you both worked so hard to achieve.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #4: Not hiring the right divorce attorney or law firm (if your spouse won’t agree to mediate)

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”18px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    You might think because there are numerous valuable complex assets at stake, the financial cost to battle it out in litigation is well worth it, so you may be tempted to pursue a scorched earth strategy and hire the most aggressive lawyer you can find. One who vows to provide you with “fierce representation” and “take your spouse to the cleaners.” But the thing is, divorces with significant marital property and “pit bull” lawyer representation are a dangerous mix.

    Think it through. Each attorney and law firm bills by the hour for their hard-nosed advocacy. They have no incentive to help you reach a settlement agreement.

    To them, a high asset divorce is an endless stream of income, and the longer it goes on, the better for them.

    But not for you and your soon-to-be ex-spouse!

    In addition to depleting your financial net worth, this type of divorce approach also depletes your emotional capital. There’s a very real human cost to endless divorce litigation in the form of wasted years, burned bridges, and family destruction which you can expect if you pursue this strategy. So be smart. If your spouse won’t agree to mediate, do your homework and learn how to choose the right divorce lawyer.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #5: Failing to disclose or attempting to hide assets (or debts)

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    Every divorce, no matter how simple or complex requires a process known as discovery. During discovery, you and your spouse will disclose your complete financial picture including, but not limited to all income, assets, and debts. If your spouse suspected there were hidden assets, there’s an excellent chance a forensic accountant would be hired to uncover anything that was not voluntarily disclosed.

    According to the American Bar Association

    “Forensic accountants are specialists at unraveling financial and compliance puzzles for businesses, nonprofits, governmental entities, and individuals, using precise processes and a systematic investigation of data.”

    Forensic accountants (who charge an average fee of $15,000) excel at exposing an individual’s true financial picture and once they do, divorce proceedings often go from bad to worse!

    So don’t do it!

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    Mistake #6: Not planning for estate planning

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    Many wealthy couples choose to set aside a portion of their asset pool for the benefit of their children. But when they find themselves going through a divorce, those gifts can get squandered during divorce negotiations.

    Let’s say you and your spouse have two daughters and you always planned on paying for their weddings. According to The Knot, the average cost of a wedding in 2021 was $30,433, with couples in San Francisco spending more than $45,000, and in New York City more than $70,000 – not including honeymoons!

    To be safe, you and your spouse set aside $200,000 in an account titled in one of your names before a divorce was ever on your radar. But now you’re divorcing and your spouse wants half, while you insist it should be removed from your collective asset pool because it’s earmarked for your children. Round and round you’ll go until you each need to deplete that account in order to pay your skyrocketing legal fees. Arguing over what was supposed to be a gift for your children can quickly turn into a bone of contention between you and your spouse if you’re not careful.

    A good time to pull out your estate plan is before starting a high asset divorce. This way, you can review it with your spouse and remove from your negotiations any asset or property earmarked for others.

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    Mistake #7 in a high asset divorce case: Assuming inheritances

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    For married couples who have wealthy parents who are still living, the issue of assuming future inheritances can be a dangerous game. And can have significant financial consequences on both your property division and alimony agreements. One spouse may assume the other spouse is certain to receive an inheritance, but as the old saying goes, there are no guarantees in life.

    For example, let’s say there’s a couple divorcing after 20 years of marriage and during the marriage, they accumulated substantial business assets as owners of a local chain of successful sporting goods stores. During their divorce, one spouse insists on retaining the full value of the business because they’re convinced the other spouse will receive a significant inheritance from their father who is still alive. The other spouse doesn’t agree because they have two siblings the father clearly favors. They think that even if an inheritance is received, it will be much smaller given the family dynamics.

    The couple has no way of knowing if and/or when this inheritance will be realized, yet one spouse wants to factor it into the divorce negotiations. And around they’ll go in adversarial litigation with no resolution in sight.

    Some individuals are self-made and acquire their own wealth, while others obtain it by having wealth passed to them via an inheritance.

    And while it’s our opinion assuming inheritances is never a good idea, be sure to raise this issue early on with your divorce professional to get their guidance on the best way to handle it in your unique situation.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #8: Not factoring in taxation issues and how they can affect your settlement

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    While issues surrounding taxation are relevant in all divorces, in a high asset case, they can play an outsized role due to the value of a couple’s property as well as the complexities of their investments.

    Sale of a Marital Home:

    Currently, a capital gains tax exemption of $500,000 is afforded to married couples who sell a home. So should you choose to sell your home, depending on its value, you may exceed this exemption threshold and incur significant capital gains on the sale.

    These funds must be estimated and set aside (or held in a trust account) so as not to muddy the negotiation waters and ensure their availability for when the taxman cometh. Otherwise, you may find yourself holding the bag and having to go to court to get your now ex-spouse to pay their share.

    Brokerage Accounts:

    A lifetime of investing (hopefully) resulted in a lifetime of gains. Gains which Uncle Sam is going to want a piece of upon sale – whenever that may be. Be aware that even if your total holdings look equal on paper, tax gains and tax losses can impact their value significantly, making that 50-50 split not so equal.

    Seek out a fair and equitable split from both a valuation and tax perspective at the time of your negotiations. Otherwise, you may find yourself renegotiating your settlement at the 11th hour, costing you more time, money, and stress.

    The timing of your divorce filing:

    Most people don’t know that their marital status on December 31st determines their filing status for tax purposes. So if you get divorced on December 30th, even though you were married for 364 days, come April 15th of the following year, you file separately.

    Companies typically issue bonuses early in the year, so you and your spouse may have put those funds to use before divorcing. Leaving the bonus recipient impacted come tax time if you file separately the following tax year. A potential tax burden post-divorce can create an imbalanced settlement, especially if the bonus was significant, and send you and your ex-spouse back to the courthouse.

    If you think taxation issues will play a significant role in your divorce, be sure to work with a divorce professional with a financial background to ensure you both come to an agreement that’s fair and factors the complex issues of taxation into your settlement.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #9: Not recognizing that determining child support and alimony is far more complex in a high net worth divorce

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Here in the United States, all 50 states have guidelines for child support. These “guidelines,” while helpful in some cases, are difficult to apply to high-income earners or self-employed individuals – for many reasons.

    Some state guidelines have an “upper-income limit,” so if your earnings exceed a certain amount, the guidelines become useless and cannot be used as designed. And because guidelines assume income is the same month-to-month, they become less effective if your compensation includes variable components like commissions, bonuses, RSU, or stock options.

    Child support guidelines are typically intended to cover ordinary expenses like food and shelter, but children incur many other expenses which fall outside the guidelines such as car insurance, summer camp, and private school to name a few, which need to be negotiated separately.

    And since children of wealthy families tend to have higher extraordinary expenses than children from lower-income families (and two households are more expensive to run than one,) this is a topic that can create a lot of disagreement between divorcing parents.

    While guidelines do exist for resolving matters of child support, they come with significant limitations which leave parties no choice but to negotiate an amount they both find fair, and not cause their children to become the economic victims of their divorce.

    Alimony:

    Unlike child support, where all 50 states have a guideline for determining it, only a handful of states have a guideline for alimony. And of the ones that do, guidelines are rarely useful for high-earning individuals. This makes coming to an agreement on alimony especially challenging.

    First, even though income may be significant, what was enjoyed by the parties as their marital lifestyle may not be possible once divorced. One or both parties may believe they are still entitled to live in the same manner they’re accustomed to. And demand to receive or retain a significant portion of the earned income.

    Second, high-level employees are typically compensated in less traditional ways than lower-level employees. For example, bonuses and equity shares received by partners in a firm can vary significantly from year-to-year based on factors outside of their control (e.g. the pandemic,) while other forms of compensation such as restricted stock units or stock options may not be easily realized as income due to vesting periods or stock market fluctuations.

    And third is the employment risk associated with a high earning individual. When lower-level employees lose their job, there is far less income loss at stake. And replacement jobs are easier to find. As opposed to high-level employees whose compensation is significant, and replacement job pool is much more limited.

    While there may be substantial income at stake, parties must understand and factor into their negotiations the unique risks and complexities associated with a high net worth divorce case.

    And be sure to plan now for changes in future circumstances to avoid having to return to court down the road!

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #10: Not accepting how your lifestyle will change post-divorce

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    In our experience with high asset cases, typically one party is in charge of the household finances. And that spouse has detailed knowledge of the couple’s expenses and income required to maintain the marital lifestyle. As well as what areas of spending may need to be reduced after divorce because there will be increased costs associated with having two separate households.

    There’s no doubt it can be very upsetting to need to make adjustments to spending and lifestyles post-divorce.

    But if you’re a spouse who has no idea about what it costs to maintain the marital lifestyle, and high standard of living, it’s smart to get educated on your current financial picture now.

    This way, you won’t have unrealistic settlement demands that only drag your divorce out for years, adding expense and stress – and preventing you and your spouse from reaching a negotiated settlement.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Mistake #11: Thinking you can’t have an amicable divorce if you’re a high net worth individual

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    Most people think it’s not possible for a high net worth couple to divorce amicably. But that’s simply not true! Just because you have significant financial resources doesn’t mean you need to waste them during your divorce. Instead, you can choose to approach your divorce in ways that will enable you and your spouse to work together to end your marriage peacefully and productively.

    If you put the needs of your children first, engage in full financial disclosure, and negotiate the terms of your settlement in an environment of mutual respect and dignity, you’ll improve your ability to get an agreement you feel comfortable with.

    And at the same time, preserve your wealth! So it’s better for you and your children.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”3″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Key takeaways: High-net-worth divorce dos and don’ts

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Do:

    • Prioritize mediation as a cost-effective and amicable alternative to litigation, which helps preserve both financial resources and personal relationships.
    • Engage professionals with financial expertise, such as divorce mediators and forensic accountants, to ensure a fair and comprehensive asset division.
    • Review and potentially update your estate plan before entering divorce negotiations to protect assets earmarked for children or other beneficiaries.
    • Practice full financial disclosure and transparency to avoid legal complications and potential penalties.
    • Approach divorce negotiations with mutual respect, acknowledging each spouse’s contributions to the marriage and focusing on achieving a fair settlement.
    • Consider the long-term tax implications of your divorce settlement and factor these into your negotiations.

    Don’t:

    • Don’t let a sense of entitlement drive your divorce negotiations, which can lead to prolonged and costly legal battles.
    • Avoid hiding assets or debts, as forensic accountants can easily uncover such attempts, leading to severe legal consequences.
    • Don’t assume future inheritances or factor them into your divorce settlement without concrete evidence.
    • Refrain from hiring an overly aggressive attorney who might prolong litigation for their own financial benefit.
    • Don’t go directly to litigation without first exploring alternative dispute resolution methods like mediation.
    • Avoid making unrealistic demands about maintaining your exact marital lifestyle post-divorce, as significant adjustments are often necessary.

    [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_global id=”4117″][fusion_global id=”2082″]

  • Silver Divorce After 60: a Guide to Reaching Agreement When Divorcing Later in Life

    Silver Divorce After 60: a Guide to Reaching Agreement When Divorcing Later in Life

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hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    While the overall divorce rate has flattened for most age groups, there is one segment of the population where divorce rates are actually increasing – Americans getting divorced at 60+. A phenomenon known as gray divorce.

    Certainly, divorce is difficult no matter how long you’ve been married or how old you are. But if you’re getting a divorce in your 60s, there’s a whole lot more you need to know – and watch out for. As a divorce mediator specializing in gray divorce, I’ve helped hundreds of couples navigate this transition with dignity and mutual respect.

    And while there are a million things that could be the reason a marriage ends, drawing from my many years of experience, there are 8 common themes that arise which I’ll share below. I’ll also share 9 critical issues that can have a significant impact on your divorce so you can negotiate your agreement with confidence. And 3 reasons why I believe mediation is your best option for a divorce after a long term marriage.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    What is a gray divorce?

    [/fusion_title][fusion_imageframe image_id=”2335|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”10px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/what-is-a-gray-divorce-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    When the term was first coined, it referred to men and women who divorced after 40 years or more of marriage. The assumption was that anyone married for that long must be an older adult “starting to gray,” hence the name.

    But these days, it’s more commonly used to refer to the increased divorce rate among baby boomers, separating after 30 years of marriage.

    So why the divorce increase in this segment of the population?

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    8 reasons a marriage ends after 30 years

    [/fusion_title][fusion_imageframe image_id=”2338|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”10px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/gray-divorce-reasons-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #1: “We’ve simply grown apart.”

    Some couples can pinpoint the exact cause of the demise of the marriage. But in a divorce after 30 years, there is often no infidelity and no major blowout that led to the decision to get divorced. Instead, the spouses have simply grown apart over time.

    They have an adult child or their youngest goes off to college (aka “empty nest syndrome.”)

    You’ve spent the better part of your marriage raising kids and now you’ve found yourself without the children to focus on. Suddenly you find yourself uncomfortable being around this person you no longer know. Which leads to an empty nesters divorce.

    Retirement.

    When a couple is working and/or raising kids, they’re busy. Perhaps so busy that they don’t notice they are growing farther apart with each passing year. But now that one or both have retired, they have a lot more time on their hands and again, realize they no longer know (or like) their husband or wife.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #2: Age

    Aging stinks. But being around someone who acts old can make us feel old. For some, when they see their husband or wife aging (or repeatedly hear them complaining and being negative), it can be an unwelcome reminder that they’re getting older, too.

    Perhaps they think if they got divorced for someone younger, it will reverse time for them as well.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #3: Self-improvement and personal growth

    After so many years of looking, dressing, or feeling the same way, some people want to make changes to the way they are living their life (lose weight, exercise, improve their appearance). But to do that, they need a spark lit under them to get them motivated to make their desired changes.

    Sometimes people think meeting or pursuing someone new will make them try harder in life, lose weight, dress better, etc. and help them achieve the changes they seek.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #4: Money and spending habits

    When couples are in their prime earning years, a lot of financial missteps can be overlooked. Because the money keeps flowing in, the bills somehow get “taken care of” and the overspending spouse is ignorant of the couple’s precarious financial situation. But once the income stream stops and the couple is forced to live on a fixed income, pension plan, or other retirement benefits, it can be quite sobering.

    Differences in spending habits become abundantly clear. And may lead to one spouse wanting to get divorced.

    [/fusion_text][fusion_imageframe image_id=”2339|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”10px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/different-life-choices-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #5: Longer life expectancy

    According to data compiled by the Social Security Administration of 2021:

    • A man reaching age 65 today can expect to live, on average, until age 84.3.
    • A woman turning age 65 today can expect to live, on average, until age 86.6.
    • About one out of every four 65-year-olds today will live past age 90.
    • One out of 10 will live past age 95.

    For couples seeking this type of divorce, it’s quite possible each spouse could live another 30, 40 even 50 years. So one thinks, “Why spend the time I have left on this earth miserable in an unhappy marriage?”

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #6: Undo past regrets

    Back in the day, getting married was just as much a function of romance, and it was economic necessity. Many people – perhaps like you – married for the wrong reasons, started a family, and now here you are filled with regret, stuck in a loveless relationship, as you reflect on your life. You’ve now decided after all these years that being unhappily married to the wrong person is no longer acceptable to you.

    Many of our clients fall into this category and in these cases, it’s usually not a surprise that a change in marital status is coming as both spouses have been unhappy for a very long time. By the time they decide to divorce, the fighting has subsided and they’re both in the camp of simply wanting to move forward separately with their lives.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #7: Sex

    Just like differences in spending habits, differences in sex drives can also sink a marriage.

    As spouses get older, their libidos may differ, sometimes dramatically. This can lead to frustration and ultimately the desire to divorce.

    [/fusion_text][fusion_imageframe image_id=”2340|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”10px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/divorce-after-30-years-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Reason #8: Active vs. passive lifestyles

    When one spouse wants an active retirement and one refers to it as “re-tired-ment,” it’s a real problem. Because one wants to get out there and live it up, and the other has no interest.

    Half of the time, the passive party simply wants nothing to do with the divorce. And places the burden of getting a divorce on the active spouse. So if you’re the active spouse, be aware that it may be you who needs to drive the divorce.

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    9 Critical gray divorce issues to watch out for

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    No matter why you’re seeking a divorce later in life, the fact is longer the couple’s marriage lasted, the more complex the issues surrounding their divorce will be.

    Here are 9 critical gray divorce issues and financial challenges that – if you’re not careful – can really derail your divorce:

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    Issue #1: Determining an amount and duration of alimony

    Chances are the person paying alimony is late in their career. And their compensation is far more complex than when they first started out. So when determining an amount of alimony in a long-term marriage, the total compensation received needs to be taken into account. Not just their base salary.

    Plus, when getting a divorce at 60, you’re only a few short years from retirement. And that income will significantly change. So the duration of support may be far shorter for older couples than younger ones. Despite what you’ve read on the Internet.

    This is where negotiating property division and Social Security benefits becomes especially important.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Issue #2: Determining the value of premarital assets like retirement plans or proving separate property vs. marital property

    In New Jersey, Illinois, Pennsylvania, New York, and 37 other states, dividing a couple’s marital assets and liabilities falls under the concept of equitable distribution. While in California, Washington, and seven others, the concepts of community property are applied.

    Say you live in an equitable distribution state, you’re 63, got married at 36, and have this 401(k) retirement plan that you’ve been contributing to since you were 25. Do you really have the statements from the day you got married to know what its pre-marital value is?

    Or you live in a community property state and have owned a baseball card collection from before you were married which has appreciated significantly over the years. Can you prove this is separate property and shouldn’t be included in your property division?

    Because you could be giving away pre-marital property or separate assets your soon-to-be ex-spouse is not entitled to.

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    Issue #3: Inheritances

    Inheritances are considered “separate property” and are typically not subject to distribution in a divorce. But they can most certainly have a tremendous impact on your divorce settlement and finances. One way is if they’re co-mingled. That can be done in many ways far too numerous to get into here. A second way is how an inheritance impacts the division of your marital assets and liabilities.

    For example, let’s say the division of your assets and liabilities turns out to be 50-50. With each of you receiving half of the retirement assets. But your husband or wife inherited a $500,000 lump sum from their now-deceased parents. So was your distribution really 50-50?

    On one hand, the assets subject to distribution were split equally. But the reality is your total asset pool is not 50-50. And does income earned from investing that inheritance count towards a person’s ability to pay or receive alimony?

    As you can see, gray divorce issues for an older couple can get quite complex. But inheritances should not be forgotten about in divorce negotiations.

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    Issue #4: Social Security

    You may have heard that when spouses in long-term marriages divorce, one party can collect Social Security off of the other party’s earnings. And while this is somewhat true, there are requirements and limitations.

    So when negotiating alimony in a silver divorce, don’t forget about the difference in your potential benefits. Income equalization in a technique I use in mediation to help couples close to retirement, balance their future incomes. And share in the other’s monthly benefit for some period of time.

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    Issue #5: Life insurance

    Most people don’t know this, but anyone paying alimony is required to have life insurance in an amount and for a term equal to the amount and duration of alimony agreed to in their divorce decree.

    So now you’re 60 and your term life policy is about to expire. Well, guess what? You need to get a new policy with a death benefit and duration to cover your alimony obligation. Which may prove quite costly.

    And that’s a fair point.

    The good news is there are other ways to address it using techniques like alimony buyouts or set asides in an estate plan.

    [/fusion_text][fusion_imageframe image_id=”2341|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”10px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/financial-challenges-gray-divorce-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Issue #6: Difficulty dividing pension plans or other retirement accounts

    While many companies are moving towards self-directed retirement accounts like 401(k)s, state and local governments still offer pension plans to their employees.

    A pension is a promise made by an employer to provide an employee a monthly payment (typically) until they pass away.

    For corporate plans, it’s a bit more straightforward. Do a PV calculation, determine the Coverture Fraction, get a QDRO, and a separate interest can be created and the benefit shared between the parties.

    But when it comes to government plans, it’s not nearly as straightforward. So if your husband or wife was a civil servant or government employee, be aware that it may not be as easy to value and share a pension as it would be if they worked in a corporation.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Issue #7: College and extraordinary child support

    Maybe you’re one of the fortunate few who’ve managed to put away a certain amount to fund their children’s college education(s). If you’re getting a divorce at 60+, you may be right at that spot where you’re kids are either still in college, grad school, or have even boomeranged home.

    Plus, you may still be paying child support for extraordinary expenses like car insurance, cell phone plans, and travel back and forth from school. And your ability to retire may be further away than you’d like it to be.

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    Issue #8: What to do with the house?

    For the most part, a marital home is the most valuable asset a couple getting divorced after 30 years has. But it’s not necessarily easy to divide.

    If one spouse wants to keep it, they’ll need to buy the other one out. Which may provide difficult. Especially if you need to get a mortgage. And if you sell it, where will you both live? Divorce is one of the biggest life changes. And now you’ll have to move too?

    Depending on your circumstances, there are ways to keep the house without having to re-fi right away.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Issue #9: Health insurance

    In the US, most of us get our health insurance from our employer. And if you’ve spent your life working inside the home raising children, chances are you don’t have coverage of your own.

    When getting a divorce at 60, premiums will be costly. So be sure to investigate the cost before you enter alimony negotiations. Look into both COBRA as well as the insurance marketplace and add the cost to your apart budget.

    [/fusion_text][fusion_imageframe image_id=”2342|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”10px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/mediation-best-for-gray-divorce-Equitable-Mediation.webp[/fusion_imageframe][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    3 reasons why mediation is your best option for a divorce later in life

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    1. You don’t want to waste a lot of money on your divorce.

    If you’re pursuing a gray divorce chances are you’re in your early 60’s and close to retirement age. So if you spend a ton of money on your divorce, you won’t have a lot of time to recover financially.

    To give you an idea:

    • The average cost of a collaborative divorce is between $25,000 to $50,000; and that’s if things “go well.”
    • The average cost of a litigated divorce is between $75,000 and $150,000; provided you can settle things in your first trip to court.
    • If things aren’t going well, and your divorce drags on for a long time, you can expect to spend $200,000 or more on your divorce.

    On the other hand, the average total cost of a mediated divorce is between $6,000 and $10,000.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    2. You don’t want to waste a lot of time on your divorce.

    Let me be clear. I am not encouraging you to rush through your divorce. But the simple fact is when attorneys are involved, the divorce process is not only more expensive, but can take a very long time.

    • The average length of the collaborative law process is 8 months to 1.5 years.
    • The average length of a litigated divorce is between 2 and 3 years.

    The average length of a mediated divorce is only 4 to 5 months from start to finish.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    3. You don’t want to add any more stress to your already stressful life.

    At this stage of your life, you’ve probably got a lot of challenges and worries. And now you’re adding a divorce into that mix.

    Even if you’re the initiator, divorce is one of the most stressful events you will ever have to endure in your life. Second only to the death of a parent or loved one. So why then would you choose to involve divorce attorneys and pile even more stress on to an already unpleasant situation?

    A litigated divorce process using divorce lawyers is the epitome of stress vs. mediation which is a more peaceful process.

    While divorce after 30 years of marriage represents a major life transition, it doesn’t necessarily have to define your future. With careful planning, and the love of friends and care of support groups, divorce at 60+ can set you on a course from loneliness to thriving.

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    Take your first step towards a peaceful divorce

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  • Business Owner’s Divorce Guide: How to Protect Your Family and Your Enterprise

    Business Owner’s Divorce Guide: How to Protect Your Family and Your Enterprise

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    As experts in divorce for business owners, we understand the sacrifices you and your family made to get where you are. In many cases taking years, if not decades, to build a business or professional practice you can be proud of.

    When you own a business, going through a divorce often raises many questions:

    • How do you determine what it’s actually worth?
    • What’s the best way to divide a business in a divorce?
    • How do you define what percentage is considered marital property?
    • And how do you protect your business and get the best divorce outcome with a business involved?

    Now that you’re ending your marriage, you want to make sure your agreement balances both your interests while acknowledging the scheduling challenges, compensation, and income complexities unique to a self-employed entrepreneurial lifestyle. And at the same time, prevent outsiders from destroying everything you’ve worked so hard to build.

    Let’s dive deeper into each of these questions so you can approach your own divorce case with clarity and confidence.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Note: As we provide mediation services in the community property states of Washington and California, and the equitable distribution states of IllinoisNew YorkNew Jersey, and Pennsylvania, we’ve successfully helped divorcing couples reach agreement using both property division approaches.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]

    There are a few things you need to understand about the challenges of divorce with a business involved:

    [/fusion_title][fusion_imageframe image_id=”2349|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/challenges-of-divorce-with-business-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    • There’s more than one business valuation method and the various methods can produce wildly different results;
    • The best method to divide a business in a divorce isn’t the same for everyone;
    • Determining what percentage of a private business is considered marital assets can also be difficult, especially when dividing assets during a divorce;
    • Parenting time, child support, and spousal support can all be unwittingly impacted in a business owner divorce;
    • Divorce with a business involved has less to do with laws and more to do with money and negotiation;
    • There is more than meets the eye on this topic and this issue is much too complex for you and your spouse to try to resolve on your own.

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]

    Business valuation in a divorce

    [/fusion_title][fusion_imageframe image_id=”2350|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/business-valuation-methods-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    There’s more than one method for valuing businesses and the various methods can produce wildly different results.

    It’s a common misconception when getting a business valuation for divorce purposes, that valuators will produce a report with a single value. But that’s rarely the case.

    At a high level, the three methods are:

    1. The cost approach which is based on the fair market value of a business’s net assets;
    2. The market approach which values a business based on what other similar businesses have sold for in the recent past;
    3. The income approach which uses projected earnings to derive a present value for the business.

    Depending on the type of business you have, one approach may be more suitable than another. But each of these valuations can produce wildly different results. In some of the cases I’ve mediated, one of these methods showed a positive value, while another showed a negative value.

    Let’s say you’re one of the 28% of Americans who is a small business owner and you want to sell your business ownership – and in this example, you’re NOT also getting a divorce. Naturally, you’d want to use the method that resulted in the highest value. And your spouse would want to use that valuation method, too.

    But since you are getting a divorce, and your business will become a marital asset (subject to community property division, or equitable distribution you might want to use the valuation method that resulted in the lowest business’ value.

    You and your spouse’s interest are now immediately at odds. And if each of you has a divorce attorney representing you, naturally, they’re going to argue for whichever outcome is best for their client. Which can turn most businesses from an asset into a liability in the blink of an eye.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Do you own a business? Or are you the business?

    Let’s say you’re a financial advisor and run a small investment advisory firm. Your business is a success because of the relationships you built with clients over time – as well as intangible assets such as the licenses you have that allow you to run such a operation.

    Now you need a business valuation for divorce. But the value is based on your efforts, personal goodwill, and relationships.

    So what happens if:

    • You take all your clients with you, or
    • You’re the only person that brings in income, or
    • You’re the only one licensed to perform the service,

    What value does the business really have? Without you, maybe there is no business. And in turn, no value. This is what I call the “key man problem.”

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Did you reinvest in the business in lieu of taking a salary?

    It’s not uncommon for the self-employed to invest everything they have into growing their business. And that might even include not taking a salary.

    Maybe you thought, “My spouse has a good job, so I’ll rely on him/her to pay the bills and cover us financially – and I’ll forego a salary and instead, reinvest any profits into my business.” So that’s what you did. And as a result, your business grew more quickly than it would have had you been taking a salary.

    Now there are a few problems:

    First, had you drawn a salary, there would have been less money available to reinvest. And as a result, the growth rate would have been slower. Leading to a lower valuation at the time of your divorce.

    Second, at the time of your divorce, because your business value would likely be inflated, you may have had to offer your soon-to-be ex more of your marital property / or other assets to come to an agreement you both found fair.

    Third, because you’ll no longer have your spouse to support you after you’re divorced, you’ll have to take a salary. Which leaves less cash flow available to reinvest into growing your operations.

    The best method to divide a business in a divorce isn’t the same for everyone.

    [/fusion_text][fusion_imageframe image_id=”2351|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/options-for-resolving-business-issues-divorce-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Just as there are various methods to value one, there are also numerous options for how to divide one. And the option you choose is entirely dependent on your unique situation.

    You could sell it.

    On the surface, this might seem to be the easiest way to go. Whatever proceeds you receive from the sale you and your spouse could divide as you see fit. But selling your business can come with challenges.

    For example, what will you do to earn money after you sell? Especially if you include your intellectual property, as is common in non-service businesses.

    This will be important for not only covering your own living expenses but also if you are required to make child support or alimony payments as a result of your divorce.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    You could continue to co-own it.

    Another way to “divide” a business may be to not divide it at all. If you and your spouse are getting a divorce when you own a business together, and you each play an active role in operating it, you may wish to leave things as-is.

    On the surface, this may seem like a good idea as it eliminates the need for a tangible property valuation at the time of your divorce. And removes this asset from your divorce negotiations. It also allows each of you to enjoy the “perks” of the family business, maintain your current salaries, and share in the net profits of the business.

    But… you’re getting a divorce owning a business together could be difficult, or impossible. Will you and your ex still be able to effectively communicate as both a divorcing couple and co-owners, and agree on a future direction for the company knowing that your financial and lifestyle goals may no longer be aligned?

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    You could buy out your spouse’s business interests.

    Buying your spouse out may seem simple enough – you would get to keep the intangible and tangible assets and they would get to keep other comparable tangible and intangible assets or marital property. But in order to provide a basis for the negotiation of the buyout amount, a valuation will be required. And it’s entirely possible that the amount could be higher than what you could actually sell it for on the open market.

    Since you are not selling the business on the open market, you really don’t (and won’t) know what the true sales price (and net proceeds) would be. But the problem is that your ex may now expect you to buy them out using the valuation amount. And given your experience in your profession, you may not think that value is realistic.

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    Determining what percentage of a private business are marital assets / marital property vs. separate assets / separate property can be difficult.

    [/fusion_title][fusion_imageframe image_id=”2352|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/divorce-and-business-asset-division-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    • Is the business a marital asset or a separate asset?
    • Did you start your business during the marriage or prior to the marriage?
    • If you started your business prior to the marriage, do you know what its value was at the time you got married? Did you have your business valued at that time?
    • Did you invest any marital funds into the business? Or was it all done separately, apart from the marital estate?
    • Did the business grow during the time you were married? Is that portion marital and therefore subject to division?

    Even if on the off chance you had a prenuptial agreement or postnuptial agreement in place outlining each spouse’s business interest in the event of a divorce, a good family lawyer could likely rip it to shreds.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Did you start the business, then after you got married, your spouse started working in it?

    Some couples decide to start a business after they get married, use marital funds to launch in it, and work in it together. In that case, there’s almost no question 100% of the business is considered marital property as both spouses contributed. But let’s say you started your business 5 years before you got married. Then, after 7 years of marriage, you decide your business has grown to the point where it could support another employee. So you say to your spouse, “Congratulations! You’re hired!” and they join the business full-time.

    After 4 years of working together, the pressure proves to be too much. Your spouse quits, asks for a divorce, and expects to get their fair share out of the business when it comes time to divide your property. The question now on the table is do you know what share of your business relationship is marital, pre-marital, or even non-marital (that is – the time only you worked in it even though you were married)?

    Is it based on:

    • The number of years each of you worked in the business?
    • The revenue the business generated?
    • The value you each provided to the operations and/or bottom line?
    • All of the above?

    If this is starting to sound like one of those math word problems that gave you nightmares in school, that’s because it is. And there’s no one size fits all answer to the question.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Or is your spouse an owner “in name only?”

    Some businesses assign an ownership interest to each spouse, with one spouse being an owner “in name only” (INO) – meaning they don’t work in the business on a day-to-day basis. What happens then?

    For example, in the case of a divorce and LLC business, does the non owner spouse get a share based on what is outlined in the membership agreement? Or what if your spouse has no ownership at all? Can they get a share of additional marital property or other assets then?

    What if they performed other tasks during the marriage such as childcare, or held down the fort at home while you were off building the business? Even if the you consider it an individual asset

    Without your spouse caring for the kids and/or managing the house, you may not have been able to grow your business into the successful entity it is today. So while they may not have worked directly on or in your business, they may certainly have had a hand in its success. And the question of whether or not it’s non marital property gets complicated.

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    Do you have a business partner?

    Business ownership isn’t just about sole proprietorship as some people choose to start a business with a partner or partners who are not their spouse. But the line between a professional relationship and personal one can get complicated.

    For example, in the case of a divorce and a limited liability company business, the membership agreement would define what share is yours, and what share belongs to your partner(s). As well as if there are any limitations in the buy sell agreement surrounding the sale of an ownership share of a business due to a divorce.

    Parenting time, child support, and alimony can all be impacted in a business divorce.

    [/fusion_text][fusion_imageframe image_id=”2355|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/04/parenting-child-support-alimony-business-divorce-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    So far I’ve discussed many of the issues you and your divorcing spouse will face that are directly related to a divorce proceeding with a business involved. But in addition to the issues of valuations, buyouts, and who gets what share, other indirect issues arise in a business owner divorce process.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    How do you handle parenting time?

    It’s no secret that an entrepreneur’s schedule can be erratic. Late-night customer emergencies. Early morning staffing issues. After-hours networking meetings. All of these happen outside of normal business hours.

    But how will you be able to commit to a parenting time schedule when your calendar can change at a minute’s notice?

    Your soon-to-be-ex may not be so accommodating of your last-minute emergencies and “Sorry, tell the kids I can’t make it” text messages. Not to mention, you really want to spend time with your kids.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Child support and alimony can be difficult to agree on

    One of the benefits of working for someone else (as an employee) is a steady paycheck. Both spouses know how much money is available to support the children, and both households, post-divorce. Which gives them a clear starting place in support negotiations. But if you own a business, issues surrounding alimony are far more complex.

    First, it’s not uncommon for business owners to forgo a salary for many years. Choosing instead to take money out of the business only when necessary. In turn, it making their earnings unpredictable and inconsistent. And second, even if you are paying yourself a salary, the amount you take is predicated on the success of your business operations. If things aren’t going well, you may be forced to take a cut in pay.

    But your children and your soon-to-be-ex spouses’ expenses are a constant. They’re counting on receiving a certain level of regular, monthly support. So, any variability in the amount they receive likely won’t work for them.

    Shifting the conversation in a more positive direction, if things in your business are going well, not only will you receive your salary, but you may be able to take money out of the business in the form of a bonus. Which couldn’t have been accounted for at the start of your company’s fiscal year. Do your children and ex-spouse get to share in that, too?

    And don’t forget, you’re likely able to run certain expenses through your business like:

    • Cell phone plans;
    • High-speed Internet;
    • Automobile expenses; and
    • Meals and entertainment

    Non-business owners pay these expenses out of their paychecks. So, in a way, your paycheck stretches farther than theirs would.

    While this may not be income in the traditional sense, how, if at all, do you account for it when it comes time to negotiate support?

    [/fusion_text][fusion_title title_type=”text” scroll_reveal_effect=”color_change” scroll_reveal_basis=”chars” scroll_reveal_behavior=”always” scroll_reveal_duration=”500″ scroll_reveal_stagger=”200″ scroll_reveal_delay=”0″ scroll_reveal_above_fold=”yes” marquee_direction=”left” marquee_mask_edges=”no” marquee_speed=”15000″ rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”once” highlight_animation_duration=”1500″ highlight_width=”9″ highlight_smudge_effect=”no” highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” awb-switch-editor-focus=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”left” content_align=”left” size=”3″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”38px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” highlight_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” text_stroke=”no” text_stroke_size=”1″ text_stroke_color=”” text_overflow=”none” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” sep_color=”” link_color=”” link_hover_color=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]

    Key takeaways

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    • Business valuation in divorce is complex, with multiple methods (cost, market, and income approaches) that can produce dramatically different results, potentially creating immediate conflict between spouses.
    • The “key man problem” can significantly impact business value, especially for service-based businesses where the owner’s personal relationships and skills are critical to the business’s success.
    • There are several options for dividing a business during divorce, including selling the business, continuing to co-own it, or one spouse buying out the other’s interests – each with unique challenges and considerations.
    • Determining marital vs. separate business assets is complicated, involving factors like when the business was started, how it grew during the marriage, and each spouse’s contributions (both direct and indirect).
    • Entrepreneurial schedules and inconsistent income can create significant challenges in determining child support, alimony, and parenting time arrangements.
    • Business owners who reinvest profits instead of taking a salary can face additional complexities during divorce, potentially inflating the business’s value and complicating asset division.
    • The unique nature of each business and divorce situation means there’s no one-size-fits-all approach to dividing business assets during a divorce.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”list-ul-style” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”40px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    The bottom line: to protect your business, mediation is often recommended over litigation, as court proceedings can be lengthy, expensive, and result in outcomes that neither spouse finds satisfactory.

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    Take your first step towards a peaceful divorce

    [/fusion_title][fusion_button link=”/get-started” enable_hover_text_icon=”no” hover_text=”” title=”Get Started” target=”_self” link_attributes=”” aria_role_button=”0″ alignment_medium=”” alignment_small=”” alignment=”center” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”btn-style-blue” id=”” color=”custom” button_gradient_top_color_hover=”var(–awb-color4)” hue=”” saturation=”” lightness=”” alpha=”” button_gradient_top_color=”var(–awb-custom_color_2)” button_gradient_bottom_color_hover=”var(–awb-color4)” button_gradient_bottom_color=”var(–awb-color4)” gradient_start_position=”” gradient_end_position=”” gradient_type=”” radial_direction=”” linear_angle=”180″ accent_hover_color=”” accent_color=”var(–awb-color5)” type=”” bevel_color=”” bevel_color_hover=”” border_top=”2px” border_right=”2px” border_bottom=”2px” border_left=”2px” border_radius_top_left=”30px” border_radius_top_right=”30px” border_radius_bottom_right=”30px” border_radius_bottom_left=”30px” border_hover_color=”var(–awb-color5)” border_color=”var(–awb-color5)” size=”large” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” fusion_font_family_button_font=”Poppins” fusion_font_variant_button_font=”700″ font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” stretch=”default” margin_top=”22px” margin_right=”” margin_bottom=”” margin_left=”” icon=”” hover_icon=”” icon_position=”left” icon_divider=”no” hover_transition=”none” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=””]Get Started[/fusion_button][/fusion_builder_column_inner][/fusion_builder_row_inner][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_global id=”2082″]

  • Divorce After 20 Years: Your Complete Guide to Protecting Your Children, Assets & Future

    Divorce After 20 Years: Your Complete Guide to Protecting Your Children, Assets & Future

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    When couples come to me seeking a divorce after 20 years, I’ve noticed there’s often this sense of calm acceptance between them. They’ve raised their kids, they’ve lived full lives together, and now they’re realizing they want different things for their future.

    It’s not that these divorces hurt any less – they absolutely do – but there’s usually this mutual understanding that as a couple, they’ve simply grown in different directions. Why is that? I believe it’s because as we hit our late 40s / early 50s, we suddenly realize life is too short to not be living it exactly as we want. So we look to make a significant change which comes in the form of ending our marriage.

    While these divorces tend to be more peaceful, they come with their own unique set of challenges that need careful navigation.

    So in this post, I’ll walk you through everything I’ve learned as a mediator about making this transition as smooth as possible, and share strategies that have helped the countless couples I’ve worked with who are divorcing after 20 years of marriage start their next chapters with confidence.

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    Before we begin – Why do people divorce after 20 years of marriage?

    [/fusion_title][fusion_imageframe image_id=”816|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/06/couple-grew-apart-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”30px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    You would think that after sharing so much of their life together, a couple would stay committed until the end. But it’s not uncommon for one or both spouses to discover after spending two decades or more together, they’ve grown in different directions. And there’s a very real and common reason why this happens.

    You see, as children become more independent and couples find themselves with more free time, many people start to reconnect with themselves in ways they never expected. And find they no longer want what they currently have.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”30px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    They seek personal growth

    Think about it – when was the last time you truly explored your own interests? Many husbands and wives spend their entire marriage taking care of their family, pursuing careers, and putting everyone else’s needs first. While setting aside their personal dreams and passions. Suddenly, with kids grown and responsibilities shifting, there’s space to ask yourself big questions like: Who am I now? What do I want from life? And where do I go from here?

    These moments of self-discovery can be both exciting and challenging, especially when they reveal that you and your spouse may have grown apart and there’s no longer an emotional connection. In cases like these, it’s not about infidelity, trust issues, or the failure of the other person to make you happy.

    Instead, it’s about hope and the courage to embrace your future goals so you can make you happy. And it’s on this journey that people discover new interests, make new friends, and realize they’re craving a different kind of relationship. One that truly reflects who they’ve become. And with someone other than their spouse.

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    The challenges of divorce after 20 years of marriage

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    Let’s now take a closer look at how divorcing after 20 years of marriage (or more) can impact the specific parental and financial issues you’ll face and what you can do to address them.

    Parental issues:

    [/fusion_text][fusion_imageframe image_id=”871|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”15px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/06/divorce-after-long-marriage-parental-issues-Equitable-Mediation-1.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”30px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    How your children will take the news of your divorce after 20 years

    Chances are good you have teenagers and deliberately waited until the kids were older thinking it was in their best interest. For the older couples I’ve worked with, this is the #1 reason why they waited get a divorce.

    As I’m sure you know, teenage years are unique in your child’s development. The focus of their life is no longer on the home and you their parents, but on their own new hobbies and interests, school, peers and independence. Making them very critical about your divorce – to put it mildly – with a common refrain being “how could you do this to me!?

    Hurt feelings aside (theirs and yours) you need to be prepared for this possible reaction so you can provide the necessary emotional support to help your kids cope with the divorce. Some people feel it’s helpful for kids to participate in both family therapy as well as individual counselling – despite them telling you “I’m fine!” – to help them manage their emotions and ease the transition.

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    Crafting your parenting plan

    Negotiating a set, repeating schedule and maintaining a united front as parents when divorcing after 20 years is critical to ensuring children’s well being. Despite their protests to the contrary, kids need routine and to understand boundaries. Having a parenting plan in place can offer both you and them a sense of calm and structure.

    Many of the parents I work with insist they don’t need a parenting plan; instead allowing their children to decide with whom they’ll live, and when they’ll visit the other parent. And while giving your kids some autonomy may seem like a good idea, the lack of structure can lead to issues between parents and children. As kids will choose either the parent they like better (creating a division between you and your now ex-husband or ex-wife) or the one that lets them get away with whatever they want!

    If you want to sit with them, talk to them, and ask them what kind of parenting time arrangement they’d like, that’s fine. But remember you are the adults and setting the schedule is up to you. In my experience a “one week on, one week off” schedule tends to work best for teenagers with a changeover on either Friday or Sunday night.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”60px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Financial issues:

    [/fusion_text][fusion_imageframe image_id=”818|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”15px” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/06/decision-to-keep-or-sell-marital-home-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”30px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    What to do with your marital home (if you own one)

    Many parents of teenagers tell me “we want to keep the house for the sake of the children so we can minimize the upheaval the divorce will have on their family life and schoolwork.” Which makes perfect sense as chances are your kids are in high school, and have known the same group of friends for more than a decade.

    But since the house is typically the most significant marital asset a couple like you owns, it means you need to figure out how to financially support two separate households: with one of you staying in the marital home while the other finds another place to live. Unless, of course, you decide to both remain in the marital home for some time after your divorce. And that comes with other challenges.

    One possibility parents are considering to achieve this goal – and it’s something we’re seeing more these days given the cost of housing and interest rates – are nesting plans. But to see if it’s even a possibility, you’ll need to create a budget that captures the expenses of keeping the marital home and possibly renting a second residence. If you need some help doing so, check out our pre-divorce financial preparation kit.

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    The complexity of child support for teenagers

    For couples divorcing after 20 years, child support can get complicated when children approach college age. Most state guidelines adjust support based on the number of children, meaning support will likely decrease as each of your kids leaves home. But unless you’ve got one of those kids who never comes home on holidays or summer break, most college students I know spend up to 22 weeks a year at home. And while they’re there, still incur expenses that don’t disappear when child support changes.

    One strategy I suggest to my client couples is to consider a reduced amount of child support for their college aged child(ren) to ensure their needs continue to be met regardless of whether they’re living at home, or have left home and are living on campus.

    And if your kids are still in high school? Since teenagers expenses are far greater than younger children, that will require some careful planning too. One approach I use to address this for couples with teenagers is to negotiate a higher than guideline recommended child support amount to ensure their kids expenses are adequately covered. Unless your state like New Jersey’s child support guideline already factors that in.

    As you’re learning, in cases of a long marriage like yours, child support conversations require far more thought and care than just running a guideline calculator and accepting the output.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”30px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Changes to how the length of alimony / spousal support is determined

    In the past, it was common for couples divorcing after 20 years of marriage, to have an alimony agreement that required one partner to pay their former partner in perpetuity (aka permanent alimony.) But these days that’s typically no longer the case.

    For example, alimony reform in New Jersey included a provision that for marriages that last 20 years or less, the length of alimony payments cannot exceed the length of the marriage unless a judge decides that there are exceptional circumstances. So in the past, a former spouse who got divorced after a 20 years marriage might have been eligible to receive permanent alimony. But today, there are no guarantees.

    To help my client couples negotiate this thorny issue, I approach this from a variety of angles. Factoring in things like each party’s needs, age, ability to earn an income, where will the children be living, and even what their Social Security earnings or property division agreement looks like to help them determine duration.

    Unfortunately, unlike child support where each state is required to have a guideline, there are no such requirements for alimony. How it works and how it’s determined isn’t always clear, and is subject to negotiation. Which as you’ll learn later in this post is why it’s so important to mediate your divorce.

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    The challenges of divorce after 25 years

    [/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Similar to a 20 year divorce, divorce after 25 years, will center around issues related to children and finances. But a lot can happen in those additional 5+ years. Chances greatly increase that most (if not all) children are in college, and some may have even graduated.

    Here are some issues the couples I work with encounter in a divorce after 25 years of marriage and strategies I’ve used to help address them.

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    Parental issues:

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    How your children will take the news of your divorce after 25 years

    It’s a common misconception that older children take the news of their parents divorce better than young children. When in fact, the opposite is true. And if you’re getting in a divorce after 25 years, there is an excellent chance your children are no longer minors but older “adults.”

    On one hand you might be tempted to think “oh well, they’re adults. They’ll get used to it.” But that can be a big mistake. Despite their insistence they’re adults, no matter how old they are, they are still your children. And will want to be treated as such. Confusing, I know…

    In cases like yours, family therapy can allow all of you to discuss the life changes you’ll all be experiencing in a caring and supportive environment. By including them in the conversation you’re acknowledging their standing as adults, but can also openly express to them as their parents, how much you care for them, and want to make sure they’re OK.

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    Dealing with “slow to launch” children

    Many children leaving home these days face significant challenges to independence, including high student loan debt and the rising cost of living. Over my decades of mediating, I’ve noticed it’s become increasingly common for young adults to return home after completing their education. This trend, often referred to as “boomeranging,” presents a real challenge for divorcing parents.

    While you may not need a formal parenting plan for your adult children, some of the people I work with feel it’s important to consider the possibility their children might return home, and to plan what financial support each parent will provide as their children try to establish themselves. In mediation, we negotiate what I call “support of your children.”

    Rather than using state guidelines to determine child support (as you would with minor children), we create a budget-based approach. This helps determine what costs need to be covered if you have a boomeranging child, and whether it makes sense to keep the house until you know where they’ll end up. This way, if your college graduate decides to live with one of you in the future, that parent won’t be solely responsible for providing financial support or finding space for them in that parent’s new residence.

    [/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    Financial issues:

    [/fusion_text][fusion_imageframe image_id=”819|full” aspect_ratio=”” custom_aspect_ratio=”100″ aspect_ratio_position=”” skip_lazy_load=”” lightbox=”no” gallery_id=”” lightbox_image=”” lightbox_image_id=”” alt=”” link=”” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” max_width=”” sticky_max_width=”” align_medium=”none” align_small=”none” align=”none” mask=”” custom_mask=”” mask_size=”” mask_custom_size=”” mask_position=”” mask_custom_position=”” mask_repeat=”” style_type=”” blur=”” stylecolor=”” hue=”” saturation=”” lightness=”” alpha=”” hover_type=”none” magnify_full_img=”” magnify_duration=”120″ scroll_height=”100″ scroll_speed=”1″ margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” bordersize=”” bordercolor=”” borderradius=”” z_index=”” caption_style=”off” caption_align_medium=”none” caption_align_small=”none” caption_align=”none” caption_title=”” caption_text=”” caption_title_tag=”2″ fusion_font_family_caption_title_font=”” fusion_font_variant_caption_title_font=”” caption_title_size=”” caption_title_line_height=”” caption_title_letter_spacing=”” caption_title_transform=”” caption_title_color=”” caption_background_color=”” fusion_font_family_caption_text_font=”” fusion_font_variant_caption_text_font=”” caption_text_size=”” caption_text_line_height=”” caption_text_letter_spacing=”” caption_text_transform=”” caption_text_color=”” caption_border_color=”” caption_overlay_color=”” caption_margin_top=”” caption_margin_right=”” caption_margin_bottom=”” caption_margin_left=”” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″]https://equitablemediation.com/wp-content/uploads/2025/06/financial-issues-divorcing-after-25-years-Equitable-Mediation.webp[/fusion_imageframe][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” awb-switch-editor-focus=”” content_alignment_medium=”” content_alignment_small=”left” content_alignment=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” width_medium=”” width_small=”” width=”” min_width_medium=”” min_width_small=”” min_width=”” max_width_medium=”” max_width_small=”” max_width=”” margin_top=”30px” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”16px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color6)” animation_type=”fade” animation_direction=”static” animation_color=”” animation_speed=”1.0″ animation_delay=”0.5″ animation_offset=”” logics=””]

    The decision to keep or sell the marital home becomes even more difficult

    As we discussed there is the distinct possibility of children “boomeranging” back home once they’ve graduated college. In a divorce after 25 years, it’s extremely likely at least one of your two or three children is in college, and one (or more) may have even graduated.

    If you’re facing divorce as an empty nester, you’ll need to ask yourself how important it is for your kids to return to the house they grew up in on holidays and school breaks. Or if it’s ok to sell the house now since the kids are primarily living at school for most of the year. And if they have boomeranged, where can they / you go if you decide to sell it?

    Because your children are no longer minors, they may want to have a say in your decision. So don’t be afraid to include them but once again, you’re the adults and need to have the final say. Working through if this is even possible starts with a solid budget, so before you even discuss this complex issue, make sure to “do the math” to see if it’s even possible.

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    Buying out the marital home gets even harder

    When divorcing after 25 years of marriage, there’s a good chance your house is fully or almost paid off. Meaning one of you is going to have to procure a hefty mortgage to buy the other party out or you’ll each walk away with a nice sum to put down on a place of your own after the divorce process is finished. In both of these cases, if you’re the spouse who worked inside the home raising children, getting approved for a mortgage without an income history is going to be tough. So regardless of whether or not you want to buy your spouse out of the marital home, or prefer to buy a place of your own, doing so may prove challenging.

    Two options I help couples consider are delaying the sale of the home until retirement and exchanging the equity in the home for some other asset. In both of these cases, if you’re the spouse who wants to remain, you can do so without having to uproot yourself immediately after your divorce. But be careful to not only consider the financial implications, but the tactical ones as well. Homes require maintenance and upkeep so ask yourself if you really want to be cutting that grass or dealing with a leaky water heater by yourself once your divorce is final.

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    Alimony / spousal support and the 25 year marriage

    If your role was to “work inside the home” and raise your children, chances are you’ve been out of the workforce for many years. And even if you got a job when your kids graduated high school just to keep yourself busy, it’s unlikely the money is enough to support yourself on what you take home.

    Many states are allowing alimony to end upon the retirement of the paying spouse (usually age 67). That means even when divorcing after 25 years, you might only be receiving alimony for a few years which may not be enough time for you to get back on your feet and establish your own separate life.

    To help with this, there are two things you can consider. First is something I call rehabilitative alimony. It’s alimony paid in addition to periodic payments that allows the receiving spouse to return to college or receive additional training to improve their future financial potential. And the second is receiving an additional share of property division in exchange for a shorter duration of alimony. Both of these options are things I explore with client couples who find themselves in this situation. So with some careful planning, and the guidance of a negotiation professional like me, perhaps it may be worth exploring.

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    Paying for college as a form of child support

    Another interesting development is in the area of who pays for college when parents divorce after 25 years. Couples are often surprised to find out that if they remain married, they’d have no formal obligation to pay for their children’s college education. Even though they may choose to do so on their own. But when they get divorced after 25 years, in some states like Illinois and New Jersey, they may be required to contribute to college.

    Be sure to come to terms on what each of your contributions to college will be (if any) and what marital assets you may use to satisfy those obligations. As I’d hate for you to both wind up like me and my parents did, litigating this issue in court. Formalizing these agreements in writing and setting aside the funds can help you avoid arguments down the road, and stay out of court.

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    Remember: life is short so keep the divorce process peaceful

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    After twenty years of marriage, you’ve built a lifetime of memories together. While your paths are now diverging, those years weren’t wasted – they were part of both your journeys, filled with shared experiences that helped shape who you are today.

    Love takes many forms, and sometimes the most loving choice is recognizing when it’s time to walk separate paths. This doesn’t diminish the relationship you’ve had or the care you still have for each other. People grow and change over time, and that’s not only natural – it’s part of being human.

    Choosing an amicable divorce through mediation honors both your shared past and your individual futures. It allows you to preserve the dignity of your relationship while opening the door to new possibilities. By working together one final time, you can:

    • Protect the precious memories you’ve created together
    • Save valuable time and financial resources for your next chapter
    • Begin your healing process sooner rather than later
    • Maintain mutual respect and understanding

    Being closer to retirement means protecting your financial future is more important than ever. Mediation helps you avoid costly, drawn-out legal battles that drain both your emotional and financial resources. Instead, you can work together to create a thoughtful transition that respects both your needs.

    When you choose mediation, you’re saying, “Our time together mattered, and how we end this chapter matters too.” It’s about acknowledging that while your love has transformed, your ability to treat each other with kindness and respect remains unchanged. This approach creates space for both of you to move forward with hope, dignity, and the excitement of discovering what your next chapter holds.

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    Key takeaways

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    • Personal growth is often the primary reason couples divorce after long marriages, as individuals rediscover themselves when children become more independent.
    • Teenage and adult children can have complex emotional reactions to parental divorce, making family therapy and open communication crucial.
    • Financial considerations are intricate, including decisions about the marital home, child support for teenagers and college-aged children, and potential alimony limitations.
    • Many states now limit alimony duration, even for marriages lasting 20-25 years, which can create financial challenges for the spouse who was primarily a homemaker.
    • “Boomerang” children (young adults returning home after college) add complexity to divorce negotiations about housing and living arrangements.
    • Some states may require divorced parents to contribute to college expenses, which differs from obligations during marriage.
    • Creating a structured parenting plan remains important, even with older children, to minimize potential conflicts and provide stability.
    • Career counseling or returning to college can be valuable strategies for the spouse seeking to re-enter the workforce after a long marriage.

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