Sometimes it is beneficial to engage in alternative dispute resolutions (ADR) as opposed to proceeding with litigation.
ADR can be by way of Mediation or Arbitration.
In family litigation matters it is not uncommon to arbitrate a matter especially if there are concerns of one party underreporting income. Often times, spouses will have filed joint returns even if one spouse may have underreported income. Under such circumstances, it may be beneficial to engage in arbitration. If the parties go to trial or if a judge determines that either party could have defrauded the IRS, the judge will have to report both joint signatories to tax returns to the IRS. This could lead to costly litigation expense and potential criminal charges. In an arbitration setting, the same reporting requirement may not apply, thereby making arbitration an obvious alternative.
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Contact us to find out if Alternative Dispute Resolutions could be right for your situation.