Dividing Property in a High Asset Divorce in Mediation
Can the Mediation process be used to divide property in a high asset divorce. My answer is yes, you absolutely can use mediation to divide property in a high asset divorce — and in many cases, it may actually be the most effective ways to get through what can otherwise be a complex and emotionally charged process.
The Different Aspects of High Asset Property
High asset divorces can involve a wide range of property types — from real estate and business interests to art collections, investments, and luxury assets. Mediation offers a structured, focused approach to sorting through each category of property one step at a time. This allows you and your spouse to prioritize and resolve issues methodically rather than being overwhelmed by the entire picture at once.
The Importance of Accurate Valuations
A key component to making Mediation successful is obtaining accurate, professional valuations. For instance, a piece of real estate and a rare painting might both have significant monetary value, but they require different types of appraisal expertise. By bringing in qualified experts to provide valuations — whether for real estate, art, or business holdings — you can have reliable data to work from. This levels the playing field and supports informed, fair decision-making during Mediation.
Professionals Help Equalize Gaps in Knowledge
It is also important to acknowledge that in many high asset divorces, one spouse may have more knowledge or control over certain types of assets. For example, one spouse might be deeply familiar with an art collection that they have curated over years, while the other might have little insight into its value or significance. This imbalance can create tension, but it doesn’t have to derail the Mediation process. With the support of consulting attorneys and qualified experts, these knowledge gaps can be addressed, and you can both meaningfully engage in the discussion.
Integrating Mediation with Collaboration
In fact, Mediation is often integrated into Collaborative Divorce as well. Even when attorneys are present, they may suggest Mediation to help break through impasses or focus on specific issues that are particularly complex or contentious.
Ultimately, while high asset divorces come with unique challenges, Mediation remains not only a possible path but often a practical one. With the right experts, fair valuations, and legal support, you can work through even the most intricate financial divisions without resorting to prolonged litigation.
Lynette Kim is an experienced Los Angeles based attorney who specializes in Mediation and Collaborative solutions in the divorce process. She can help you through the rough waters of divorce, resulting in a positive outcome and a bright future.
The Kim Mediation and Law Center is located at 3701 Wilshire Blvd in Los Angeles, CA. You may make an appointment by calling 213-351-1000 or visit crouchg86.sg-host.com/
Compassion for my clients is important to me, and that’s why I’ve remained a family law practitioner for 30 years — and still love what I do. I’m keenly aware of the emotional toll divorce can have on you and your family. As you navigate the rough waters of transition, my team and I will help you find your balance. We’re here to support you in making the best decisions for your future. I’ve seen the positive results again and again when couples embrace meditation or collaborative divorce. I’d be honored to share these practices with you and set your family on a healthy path.
