1. Child Custody:
This item involves determining a custody arrangement for your children, including legal and physical custody, visitation schedules, decision-making authority, and any special considerations for their well-being.
2. Property Division:
Property division entails identifying and dividing marital assets and debts, such as real estate, vehicles, bank accounts, retirement accounts, investments, and any liabilities acquired during the marriage.
3. Spousal Support:
Spousal support, also known as alimony, involves discussing and determining the amount and duration of financial support that one spouse may need to provide to the other after the divorce.
4. Child Support:
Child support includes determining the financial support that one parent will provide to the other for the upbringing and care of their children. This typically follows California's child support guidelines.
5. Parenting Plan:
A parenting plan outlines the responsibilities and decision-making processes related to the children's upbringing, including education, healthcare, extracurricular activities, and other relevant matters.
6. Asset Valuation:
Asset valuation involves assessing the value of assets subject to division, such as real estate appraisals, business valuations, and other financial assessments to ensure an equitable distribution.
7. Debt Allocation:
Debt allocation entails determining how marital debts, such as mortgages, loans, credit card debts, and other liabilities, will be divided between spouses.
8. Tax Considerations:
Discussing the tax implications of the divorce, including filing statuses, claiming dependents, potential tax credits, and any other tax-related considerations.
9. Retirement Accounts:
Evaluating and dividing retirement accounts, such as 401(k)s, pensions, IRAs, and other savings plans, while considering the applicable tax consequences and potential future income.
10. Health Insurance Coverage:
Determining the availability and responsibility for maintaining health insurance coverage for both spouses and children, including the costs and any necessary arrangements.
11. Name Changes:
If desired, discuss any requests for a name change for either spouse or children following the divorce.
12. Mediation Costs:
Addressing the financial aspects of the mediation process, including the mediator's fees, payment arrangements, and how the costs will be divided between the parties.