Barbara J. Katzenberg, Attorney at Law
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A divorce agreement really is a business transaction

When one thinks about divorce, the words business transaction probably never come to mind. But the simple truth is, coming to a divorce agreement with which both parties are satisfied is equivalent to successfully completing a business transaction. It is not just about the end of the marriage, it is about separating wealth and liabilities in a way to serves the best interests of everyone involved. Divorcing couples in Massachusetts who treat the dissolution of marriage as such may find it easier to get through the process.

In Massachusetts and other states, there are several ways to go about the divorce process. There is traditional litigation, where each party fights for what he or she wants in court. There is cooperative divorce, where both spouses try to work out an agreement through negotiations facilitated by their legal representatives. There is also mediation, where both parties meet with a mediator in order to problem-solve and discuss divorce terms. Though not required, legal counsel can be consulted in mediation cases.

The descriptions of each of these divorce processes makes them sound like it is easy to just sit down and work out agreeable terms. However, the truth is, emotions often get the better of people. This is why thinking of it as a business transaction is important. It helps remove the emotional aspect of this difficult process and makes it easier to focus on one's end goal.

Coming to an acceptable divorce agreement is not easy for every couple. Removing emotion can also prove challenging. Divorcing couples in Massachusetts can seek legal assistance to help keep the peace and keep the focus on long-term goals. In doing so, fair and balanced terms can be achieved.

Source: sbnonline.com, "Navigating divorce by using a business mindset", Mark Scott, Jan. 1, 2017

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