It is possible that you may have heard mediation and arbitration spoken of interchangeably with no intended difference between them. However, if you are exploring alternatives to going to a New Jersey court for an upcoming divorce, you should recognize that the concepts of mediation and arbitration, while they are distinct from court litigation, are not the same. Each of these forms of divorce resolution carries specific attributes that, depending on your needs, you may find more attractive over the other.
Divorce can be especially hard for some couples, including those who have kids and cannot agree on which custody outcome would serve their best interests and those with a high net worth. For some people, the division of marital property is particularly challenging for a multitude of reasons. Aside from the financial ramifications of property distribution, this facet of the divorce process can also have a significant emotional toll as well. In this post, we will look into some of the emotional hurdles that people may have to work through due to the division of marital property.