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High-asset divorce mediation requires some give and take

Determining the terms of a high-asset divorce is something that isn't easy at all. You have to think about how the assets and debts will be divided. You also have to think about support payments and child custody matters. All of this means that you will have to come to a lot of agreements with your ex.

Even though the process isn't always easy, many people find that working with their ex through mediation is preferable to having the court decide what should happen. This process requires that you have an open mind and a willingness to compromise. You must understand that some give and take is going to be necessary in each point that requires an agreement.

As you go through the property division process, you have to weigh the immediate benefits of the deal on the table with the long-term effects of it. Keeping a family home is usually something that seems desirable, but if the home is underwater with the mortgage, needs considerable work, and has past due taxes, the desire might be something to fight against.

Child custody matters are another issue that you have to consider. Your children might have established routines with school and activities. While the custody agreement might change some of these aspects, you should try to keep your child stable. Working with your ex might help you to come to an agreement that is best for your children.

Even support payments, which are alimony and child support, are sometimes subjected to the negotiation process. Understand what Texas laws say about these matters can help you determine what you should do in these cases. We can help you to go over those laws so you can make decisions about your case.

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