We all know the important role mediation plays in a myriad of legal disputes – whether it’s who has custody of children in a divorce or who gets the vacation home – those who can successfully incorporate mediation are typically better off, both emotionally and financially. Is there room for mediation in estate planning? Estate Planning Mediation A mediator’s role is to work with both parties involved in any kind of legal quagmire. It’s generally a more affordable option for those parties, not to mention it requires a fraction of the time commitment of most traditional cases. Mediation typically provides an avenue for both parties to walk away feeling as though they received a fair compromise. Consider this – some studies suggest that up to 25 percent of family disputes include disagreements over the will of a loved one or because of who was named as power of attorney for medical or financial decisions. It’s not uncommon to find siblings, step-parents or in-laws flailing
Posted on: Fri, 17 Oct 2014 10:50:26 +0000