HOW IS MEDIATION UTILIZED IN A LARGE OR COMPLEX FINANCIAL SITUATION IN DIVORCE MEDIATION / FAMILY MEDIATION?
In a matter where the finances of the parties are complex or where there are several assets involved, mediation is effective so long as there is full financial disclosure to the mutual satisfaction of the parties and the mediator. Whether the full financial disclosure is made in the course of formal discovery or informally between the parties is not important. Parties may condition the validity of their negotiated agreement upon the truthfulness and completeness of the financial disclosure. There are exceptions to full financial disclosure which may be agreed upon by the parties, and so long as each party has consulted with an attorney to the mediator’s satisfaction, these cases are appropriate for mediation.
