There’s a lot at stake in your divorce. With that in mind, you might find it risky to see your case through litigation. After all, doing so leaves important legal issues like equitable division of marital property in the hands of a judge who doesn’t really know you. But even if it looks like your divorce is heading toward litigation, there might be a few things you can do to spur your negotiations and hopefully end up with a favorable settlement.
Tips for negotiating your divorce settlement
You can’t just walk blindly into your divorce negotiations. Doing so can leave you at a significant disadvantage where your interests are exploited to your detriment. To avoid that kind of scenario, you may want to take the following into account as you near you settlement talks:
- What you need and what you want: By identifying your needs and wants, you can set goals and know where you have room to give and where you don’t. This can help guide you through your negotiations.
- What your spouse needs and wants: By identifying those same needs and wants for your spouse, you can find areas to leverage your interests. You want to be tactical here, though, which is why you need to be able to anticipate your spouse’s requests and respond in a fashion that will move you closer to your goals.
- Have the right tone: If you can, try avoiding a harsh or overly aggressive tone during negotiations. We understand that emotions often run on high during divorce proceedings, but having the wrong tone can set up roadblocks that you otherwise could avoid. That being said, don’t be a pushover. Stand strong for your positions and be firm.
- Know when to walk away: Although most cases settle before heading to litigation, you can’t jeopardize your interests simply to get resolution. So, before sitting down at the negotiating table, know when you need to walk away and simply litigate your case.
Obtain the legal assistance you need
Divorces can be extremely complicated, especially those that involve high-net worth individuals. That’s why it’s often best for these individuals to seek out the holistic legal approach they need in their divorce. Hopefully then they can secure the resolution they need to turn the chapter and begin the next phase of their lives.