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Frequently Asked Questions

At Divorce Smart, we understand that divorce can be overwhelming.
Our goal is to provide affordable, peaceful divorce solutions in Minnesota through divorce mediation and divorce financial planning. Below are answers to the most frequently asked questions about our services.
What is Divorce Mediation?

Divorce mediation is a cost-effective, cooperative process where a neutral mediator helps couples negotiate agreements on key divorce issues, such as:

  • Property and asset division
  • Child custody and parenting time
  • Child support and Spousal Maintenance
  • Financial planning during and after divorce

Mediation allows couples to make fair, personalized decisions without going to court, making it a faster and less stressful alternative to traditional divorce.

How Long Does Mediation Take?

Most couples complete mediation in 2–4 months, depending on:

  • The complexity of financial and custody agreements
  • How quickly both parties can reach a resolution
  • Willingness to negotiate

Compared to litigated divorces that take over a year, mediation is a faster, more efficient way to finalize your divorce.

Do I Need a Lawyer for Divorce Mediation?

No, lawyers are not required for mediation, but some couples choose to consult an attorney for legal guidance at any time during the mediation process. Our mediators work to ensure fair, legally sound agreements, reducing the need for costly legal fees.

Does Divorce Smart have experience working with Collaborative Divorce?

Divorce Smart professionals have expertise working with collaborative divorce cases. We have a depth of experience in working with families to reframe their finances as they work through their Collaborative Divorce.

My spouse understands our finances better than I do. How can Divorce Smart help me?

One of the most important things that we do during the divorce process is to make sure both spouses are educated when it comes to their finances. Divorce Smart is able to explain things in a straight forward manner, which helps less knowledgeable spouse understand the impact to their investments and the tax consequences resulting from different settlement options.

Can Mediation Work for High-Net Worth Divorces?

Yes! Divorce Smart specializes in mediation and divorce financial planning, helping couples navigate:

  • Complex asset division
  • Real estate and retirement accounts
  • Business ownership and investments

Our Certified Divorce Financial Analysts (CDFA®) ensure that financial settlements are fair, strategic, and tax-efficient.

What is Gray Divorce?

Gray Divorce refers to divorces among couples over the age of 50. This type of divorce has become increasingly common as people live longer and seek fulfillment in their later years. At Divorce Smart, we specialize in late-life divorce mediation to help couples navigate the financial and emotional complexities of Gray Divorce.

What Are the Benefits of Mediation for Gray Divorce?
  • Cost-Effective: Mediation is far more affordable than a traditional courtroom divorce.
  • Preserves Financial Stability: Our financial experts help ensure retirement funds and assets are protected.
  • Faster Resolution: Mediation takes months instead of years, allowing you to move forward sooner.
  • Minimizes Family Conflict: Avoids unnecessary stress for adult children and extended family.
  • Confidential & Private: Unlike court proceedings, mediation keeps your divorce out of the public record.
How Can Divorce Smart Help with Gray Divorce in Minnesota?

At Divorce Smart, we specialize in Gray Divorce mediation, helping older couples reach fair, financially sound agreements without the high costs of litigation.

Our expertise includes:

  • Retirement & pension division strategies
  • Spousal support & financial planning
  • Health insurance & Medicare considerations
  • Estate & inheritance planning
  • Minimizing financial risks for older adults

Schedule a Free Consultation today to discuss your Gray Divorce needs.

Can I work with Divorce Smart as a financial client after my divorce is final?

The answer is yes and no. When Divorce Smart works with you in a non-neutral role during your divorce process, you can shift to work with the professional through the services offered at Wealth Planning Group. However, if we work as a neutral in your divorce process, we don’t work with you post-divorce, unless the other spouse agrees to a waiver of consent. This ensures fairness to both parties during the divorce process.

How Do I Get Started with Divorce Mediation?

Starting the mediation process is simple:

  • Schedule a Free Consultation: Discuss your situation and ask any questions.
  • Meet with Your Mediator: Outline goals and begin the mediation process.
  • Work Through Agreements: Negotiate fair solutions for your family and finances.
  • Finalize Your Divorce: File your agreement with the court for approval.
How Much Does Divorce Mediation Cost in Minnesota?

The cost of divorce mediation in Minnesota varies depending on the complexity of your case. At Divorce Smart, we offer affordable mediation services with:

  • Hourly rates between $200 - $400 per session
  • Flat-fee divorce mediation packages between $3,500 - $7,500
  • Lower costs compared to litigated divorce, which can range from $15,000 - $30,000

We believe in transparent pricing, making mediation affordable for couples throughout the Twin Cities and all of Minnesota.

What Are the Benefits of Divorce Mediation?

Choosing divorce mediation in Minnesota offers several advantages:

  • Affordable Divorce Solutions: Costs significantly less than a court battle
  • Peaceful Divorce Process: Reduces conflict and promotes healthy communication
  • Faster Resolution: Mediation takes months, not years
  • More Control: You and your spouse make the decisions, not a judge
  • Confidential: Private discussions vs. public court records

If you’re looking for a peaceful divorce solution in Minnesota, mediation is a proven, effective alternative.

How can a Certified Divorce Financial Analyst (CDFA®) help in the divorce process?

A CDFA® specializes in understanding the financial impacts of divorce. They can provide detailed analysis on assets, liabilities, tax implications, and long-term financial projections. By helping couples understand their financial options, a CDFA® supports informed decision-making, reducing the likelihood of future financial issues or surprises after the divorce is finalized.

Can We Use Mediation If We Don’t Agree on Everything?

Yes! Mediation helps couples find common ground on disagreements. Even if you don’t initially agree, a skilled mediator can guide productive conversations, helping you reach mutually beneficial solutions.

What If My Spouse and I Struggle to Communicate?

Our mediators are trained to facilitate respectful, solution-focused discussions. Even in high-conflict situations, mediation provides a structured, neutral environment to work through disagreements.

Where Does Divorce Smart Offer Mediation?

We provide divorce mediation services in Minnesota, including:

  • Minneapolis & St. Paul
  • Twin Cities Metro Area
  • Rochester, Duluth & Greater Minnesota

We also offer virtual mediation sessions for couples who prefer to mediate remotely.

Why is Gray Divorce Different from Other Divorces?

Gray Divorce often involves unique challenges, including:

  • Retirement savings and pensions: Dividing assets without jeopardizing financial security
  • Spousal support considerations: Addressing long-term financial dependence
  • Healthcare and insurance: Ensuring continued coverage and long-term care planning
  • Estate and inheritance planning: Updating wills, trusts, and beneficiaries
  • Adult children’s concerns: Managing family dynamics and financial support

Unlike younger couples, older spouses may be closer to retirement, making financial stability a key concern in the divorce settlement.

How Does Divorce Impact Retirement and Social Security Benefits?

Gray Divorce can significantly impact retirement accounts and Social Security benefits, including:

  • 401(k), IRA & Pension Division: These assets may be split based on marital contributions.
  • Social Security Spousal Benefits: If married for 10+ years, a spouse may be eligible for Social Security benefits based on their ex-spouse’s earnings.
  • Healthcare & Medicare Considerations: Divorce may affect health insurance coverage, requiring new arrangements.

At Divorce Smart, we provide expert financial planning for divorce after 50 to ensure your retirement and financial security remain intact.

Is Mediation the Right Choice for My Gray Divorce?

Mediation is an excellent option for older couples looking for a peaceful, cost-effective divorce process. You may benefit from Gray Divorce mediation in Minnesota if:

  • You want to preserve financial stability and protect your retirement
  • You prefer a confidential, out-of-court divorce
  • You need help navigating complex financial decisions
  • You want a respectful, amicable separation

Our team at Divorce Smart is here to guide you through this transition with clarity and confidence.

Call us at (612) 419-9956 or Schedule a Free Consultation Today to learn more!

Ready for a Peaceful, Affordable Divorce in Minnesota?

At Divorce Smart, we help couples find affordable divorce solutions in the Twin Cities while ensuring a peaceful divorce process. Contact us today to get started!
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Check the background of your financial professional on FINRA's BrokerCheck. The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.

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