What is family arbitration?
Family arbitration is a method of dispute resolution in which a third party makes a decision about your finances when your relationship has ended. This third party is called a family arbitrator.
What should I consider before deciding family arbitration?
Like a judge in court, a family arbitrator ensures relevant facts and pieces of evidence are collected in order to make a decision based on this evidence. The arbitrator will also consider your views on what the outcome should be, as well as those of your partner. The arbitrator’s final decision is a binding ruling, known as an “award”.
What are the advantages of family arbitration for divorce?
Family arbitration is an alternative to court proceedings and is a way of sorting out financial disputes. You may wish to consider arbitration if you have been unable to come to a mutual decision through discussions with your partner, or through collaborative law, mediation or negotiations between lawyers.