MASMT5-2 See Attached Choose the side of Jennifer or Brad in the attached document on Divorce Settlement. Prepare for your negotiation by defining the foll

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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:

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 publisher 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 student 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 to 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 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

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

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