Divorce & Money
Separation/Divorce: Hoist With Your Own Petard
Hoist With Your Own Petard
When people ask me what is necessary in order for a mediation to be successful, my response is “a willingness to cooperate and negotiate in good faith.” These are words of wisdom from my mediation mentor. If the people who walk into my room have even a modicum of intention to that purpose, mediation is possible. Without it . . . well, you know.
Prior to mediation, couples do not have to have agreed to anything, see eye to eye on the issues or necessarily want the same things. What they do need is an intention to work together, plain and simple. When they do, magic can happen.
However there are times when it becomes clear that one (or both) of the parties may be participating either in a disingenuous or self-serving way. In that case, the possibility to create a mutually agreeable outcome is rather slim. Read the rest of this entry »

Separation/Divorce: “Raking Over the Coals”
Raking Over the Coals
I wish I had a nickel for every time I heard one spouse say to the other during a heated discourse about dividing the marital assets and debts: “I don’t want to rake you over the coals, but….” I was curious where this idiom started and how, when couples are discussing their financial situation in a divorce, it has come to mean taking them for everything they are worth.
There are two “over the coals” phrases. The first, actually using the word “rake” describes a housekeeping chore where you would go through the coals with a rake in order to clear out the cold coals and gently stir up any that still might hold an ember. In the old days, this was done to freshen up the fireplace or coal stove in preparation for a new fire.

Separation or Divorce: The Financial-Emotional Conundrum Part II
How Do We Get “There” Together?
In Part 1 of the “Financial-Emotional Conundrum” I touched on how the emotional aspect of our nature can often rule our responses to the many situations that either we bring to life or that life brings to us. One of the biggest, our financial situation, is frequently ruled by emotions.
When couples are considering a separation, one of the most challenging and important areas to be explored is how to allocate the available resources (money) so that both parties and the family have enough to live on. This can be a great source of emotional anxiety as the partners may feel that their safety and security is about to be threatened. When this happens, logic takes a back seat, feelings overwhelm and the fight or flight instinct kicks in.

Separation or Divorce: The Financial-Emotional Conundrum Part I
The Financial-Emotional Conundrum
Part I – Together
There are many aspects of our “being” that make us human “beings.” We are sentient beings, spiritual beings, physical beings and emotional beings. Normally, we don’t sit around all day contemplating what makes us who we are, but whether we are conscious of it or not, all those “beings” are motivating forces within us that compel us to make decisions one way or the other.
Read the rest of this entry »

Separation or Divorce: The “No Surprise” Ending
The “No Surprise” Ending
*names changed
We all know the story or some version of it: A couple decides to separate, they hire attorneys, end up in court and everyone loses one way or the other. It’s an adversarial process by its very nature, takes a great deal of time and keeps the parties at odds with each other which only pro-longs the process and increases the costs even more!
A few years ago I worked with a couple in a challenging mediation where the wife felt as the sessions progressed, that she should be “entitled” to more. Despite these feelings, she was willing to negotiate and did a very good job protecting her interests. They completed the mediation and in the end, given their resources, they worked out a pretty fair and equitable settlement – or so it seemed to me. Read the rest of this entry »

The New York State Council On Divorce Mediation
Separation or Divorce – Finances

How Does The Budget Look Once We Are Separated?
Good question! One of the biggest concerns when contemplating a separation or divorce has to do with finances. How are we going to afford to live separately and apart? Some couples have already thought it through and considered it to some degree, but there are many seemingly inconsequential details that have to be taken into consideration.
I believe that before we can move forward in any meaningful way, one of the most important things to be done is to fill out, what I refer to as, a post-separation budget form.

