2.10 Personal Belongings
We don’t recommend that you ‘go to town’ listing all belongings of more than £1000 at this stage.
Often, people in mediation are able to agree a pragmatic and sensible approach to dividing their personal and household belongings, without the need for listing these extensively in the financial disclosure form.
Anyway, it is worth remembering that we are referring to the sale or second value here and not the ‘replacement’ value.
Therefore, unless you have any belongings worth a significant sum, you may feel it more sensible to leave this subject to a discussion in mediation because it can be quite emotive.
2.11 Any other assets
As the notes state, these include assets held abroad or by someone else on your behalf.
We know that it goes without saying but please be completely honest and transparent about your financial circumstances or risk suspicion that you are trying to hide something.
When trust may be at a ‘deficit’ already, further suspicion can be pervasive and very damaging to the spirit of mediation.