1-561-514-0900 FREE CONSULTATION

Tag: #mediatedsettlementagreement

Mediated Settlement Agreement

Probate Information • Oct 11, 2021
post about Mediated Settlement Agreement

A mediated settlement agreement is often used to “ink” a deal in a Florida probate or trust dispute. IF the parties settle. They are contracts. But how do you enforce your deal if the other side is not doing what they promised to do? We have previously written about mediation agreements. Now, let’s focus on how Florida law does not let people get out of signed deals. Why Mediation? If you are involved in a Florida estate or trust dispute, you are going to be ordered to attend a mediation before trial. It’s a serious settlement conference. So, take the mediation seriously. Be prepared and try to win. Who’s at the mediation? Typically you and your lawyers. The other side or sides, and their lawyers. And a mediator. Who is the mediator? The mediator is a neutral, objective third party who is there to try to broker peace. To discuss settlement. To foster compromise. Many retired judges mediate. Many experienced probate litigators are also asked to mediate disputes because of their vast experience and expertise. What is perhaps the #1 rule to a successful mediation? The parties have to want to settle. And any deal is typically reduced to a written contract. And everyone signs on the dotted line. Sometimes, there is a prevailing party attorneys fees provision. If you have to go back to court, the prevailing party can get reimbursed, from the other side, your attorneys fees and costs. Sometimes, mediated settlement agreements are subject to court approval. […]

READ MORE