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Mediation may help create prenups for potential asset division

Because divorce can bring up many life issues, some individuals like to take the time to plan ahead for such an event. Particularly, New York residents may wish to determine what steps they could take in order to help any asset division proceedings go more smoothly should the marriage not work. Luckily, individuals could utilize mediation in order to come up with a prenuptial agreement.

In many cases, certain people feel taken aback by the idea of creating a prenup. One spouse may request the agreement, and the other spouse may feel as if the request is some slight against him or her. However, the topic and creation of a prenuptial agreement does not have to be approached with hostility. Mediation can allow parties to work together to determine what terms they feel most comfortable with.

Each individual can express his or her views, and a trained mediator can help them compromise. By negotiating openly with one another, both individuals may feel more comfortable in creating useful terms rather than simply thinking they are dooming their marriage from the beginning. A mediator remains neutral during the discussion and can offer unbiased input if the negotiations become tense.

Prenuptial agreements can be mutually beneficial documents, and they often get a more negative reputation than deserved. If New York residents are interested in creating a document for the possibility of future asset division, they may want to consider utilizing mediation as a manner in which to do so. Discussing this option with knowledgeable legal counsel could help interested parties gain more information.

Source: The Huffington Post, "How to Mediate a Prenup", Laurie Israel, June 15, 2017

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