See Attached
Choose
the side of Jennifer or Brad in the attached document on Div
orce Settlement. Prepare for
your negotiation by defining the following
:
Scenario: You and your soon
–
to
–
be ex have decided to end your marriage amicably and
choose not to get attorneys involved so that you can save money and have an amicable
relationship post
–
divorce.
Husband: Brad
Wife: Jennifer
Facts:
1.
Married for 10 years, no children
1.
Brad earns $80,000 per year with great medical benefits for employee and spouse
1.
Jennifer is a Freelance writer with variable income and no health insurance
1.
Jennifer just met with a publis
her and is close to a book deal that has the potential to
be very lucrative.
1.
They own a $200,000 home with a mortgage of $120,000 with a 7% interest rate
1.
Jennifer’s inheritance of $50,000 was used towards the down payment
1.
Jennifer still has $20,000 in stu
dent loans at a low interest rate.
1.
They have $10,000 in credit card debt
1.
Brad has $200,000 invested in 401K/IRAs
1.
Jennifer has $90,000 invested in an IRA
1.
They have a joint savings account of $30,000 while the joint checking account usually
just has enough t
o pay the monthly bills.
1.
Brad has a vintage 1967 Camaro in mint condition that his Dad gave to him and it
needs to be appraised.
1.
They are both close with both of their families and would not want a divorce to
jeopardize their relationships.
1.
They have a lot
of mutual friends that they both still want to hang out with
1.
Jennifer has an antique dining room set that was bequeathed to her from her
grandmother. The appraised value is $3,000.
1.
For wedding and shower gifts, they were given many china, and crystal item
s, many
of which have sentimental value to Jennifer, as they were given by many of her
relatives who have since passed away. Brad is like most guys and he could care less
about any of it!
1.
The facts of the case
2.
Your BATNA
3.
The other side’s BATNA
4. The interests of the other side
5. Prioritize the issues for you and the other side
6. The objective criteria you will utilize
7. The people issues on the other side
8. Possible mutual gains
9. Your negotiation strategy & proposed settlements
10. Possible tricks and tactics you might encounter
11. Possible “Yessable propositions”
This is an INDIVIDUAL assignment of your preparation BEFORE your negotiation. Your submission can include bulleted lists but should still be grammatically correct and college level. You are being graded on how prepared your document will make you for negotiation success.
2 to 3 pages
Choose the side of Jennifer or Brad in the attached document on Div
orce Settlement. Prepare for
your negotiation by defining the following
:
Scenario: You and your soon
–
to
–
be ex have decided to end your marriage amicably and
choose not to get attorneys involved so that you can save money and have an amicable
relationship post
–
divorce.
Husband: Brad
Wife: Jennifer
Facts:
·
Married for 10 years, no children
·
Brad earns $80,000 per year with great medical benefits for employee and spouse
·
Jennifer is a Freelance writer with variable income and no health insurance
·
Jennifer just met with a publis
her and is close to a book deal that has the potential to
be very lucrative.
·
They own a $200,000 home with a mortgage of $120,000 with a 7% interest rate
·
Jennifer’s inheritance of $50,000 was used towards the down payment
·
Jennifer still has $20,000 in stu
dent loans at a low interest rate.
·
They have $10,000 in credit card debt
·
Brad has $200,000 invested in 401K/IRAs
·
Jennifer has $90,000 invested in an IRA
·
They have a joint savings account of $30,000 while the joint checking account usually
just has enough t
o pay the monthly bills.
·
Brad has a vintage 1967 Camaro in mint condition that his Dad gave to him and it
needs to be appraised.
·
They are both close with both of their families and would not want a divorce to
jeopardize their relationships.
·
They have a lot
of mutual friends that they both still want to hang out with
·
Jennifer has an antique dining room set that was bequeathed to her from her
grandmother. The appraised value is $3,000.
·
For wedding and shower gifts, they were given many china, and crystal item
s, many
of which have sentimental value to Jennifer, as they were given by many of her
relatives who have since passed away. Brad is like most guys and he could care less
about any of it!
1.
The facts of the case
2.
Your BATNA
3.
The other side’s BATNA
Choose the side of Jennifer or Brad in the attached document on Divorce Settlement. Prepare for
your negotiation by defining the following:
Scenario: You and your soon-to-be ex have decided to end your marriage amicably and
choose not to get attorneys involved so that you can save money and have an amicable
relationship post-divorce.
Husband: Brad
Wife: Jennifer
Facts:
Married for 10 years, no children
Brad earns $80,000 per year with great medical benefits for employee and spouse
Jennifer is a Freelance writer with variable income and no health insurance
Jennifer just met with a publisher and is close to a book deal that has the potential to
be very lucrative.
They own a $200,000 home with a mortgage of $120,000 with a 7% interest rate
Jennifer’s inheritance of $50,000 was used towards the down payment
Jennifer still has $20,000 in student loans at a low interest rate.
They have $10,000 in credit card debt
Brad has $200,000 invested in 401K/IRAs
Jennifer has $90,000 invested in an IRA
They have a joint savings account of $30,000 while the joint checking account usually
just has enough to pay the monthly bills.
Brad has a vintage 1967 Camaro in mint condition that his Dad gave to him and it
needs to be appraised.
They are both close with both of their families and would not want a divorce to
jeopardize their relationships.
They have a lot of mutual friends that they both still want to hang out with
Jennifer has an antique dining room set that was bequeathed to her from her
grandmother. The appraised value is $3,000.
For wedding and shower gifts, they were given many china, and crystal items, many
of which have sentimental value to Jennifer, as they were given by many of her
relatives who have since passed away. Brad is like most guys and he could care less
about any of it!
1. The facts of the case
2. Your BATNA
3. The other side’s BATNA