Massachusetts Financial Statement in Divorce Mediation

When you are in the process of getting a divorce, you may feel overwhelmed by all of the decisions you have to make. If you and your spouse are able to be amicable towards each other, then mediation is a viable and effective alternative to litigation especially when it comes to settling your finances. An experienced Massachusetts divorce mediator can help.

There are specific rules regarding financial disclosure in Massachusetts divorce. Both parties are required to provide a full and complete Probate Court Financial Statement. This Financial Statement is used in mediation as a tool to help the parties understand their income, assets and expenses. The ability to understand your current financial situation allows you to better predict a future financial picture and make informed financial decisions.