I am trying to understand a little bit more about how marital assets are likely to be split in a divorce where the aim would be to have shared residency. Married 10 years, 3 children. Mum mainly SAHM during marriage, but now back at work, 5 days a week, but part time. Dad very involved Dad.
If you split the house proceeds 50/50, neither party would be able to buy the type of house they want in the area they currently live in (schools are a consideration).
Is a mediator likely to suggest that one party has the lion's share of the proceeds so that one party can stay in the area in a smaller house, and then the other moves out? Or will the desire for equal parenting take precedence (they would need to move to a different area to facilitate this).
The mum's job is not something that could be done from home, while the Dad's role means he can be pretty flexible (work from home, flexi hours).
There are other issues that might need to be considered, but I don't want to say too much.
Anyone with experience of the mediation process, who has been through the process, I would be really interested to hear your perspectives.
Thanks