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Divorce tips

Jun
17

Divorce is a very serious process and nobody should get through it alone. Do you need divorce advices? Whether you’re at the beginning of the divorce process or in the thick of it, I can’t stress enough how helpful it can be to share your experience with others who are in or have gone through a divorce. Connecting with someone who’s been in your shoes can help put things in perspective, or at least make you feel a little less alone. If you don’t already have a friend who has gone through divorce, you can seek out a community that suits you.

The more you can organize your own financial documents, the more you will reduce your attorney fees and improve your chances of success. You are going to have to gather and organize a lot of information for your attorney or your case. A good way of organizing the information you find is a financial statement which can be used as a checklist. Many courts have a form financial statement available at the court clerk’s office and sometimes online. If you can obtain this form and fill it out, it will help you gather and organize your financial information. Give it to your lawyer at the first meeting to save time and expense.

People who treat their divorce like a business transaction, and to the extent possible, control their emotions so their decisions are based on their best interests and not their hurt feelings, fare much better. For instance, some people might argue endlessly over values of certain assets, when in reality, if they just compromised they would save in attorney’s fees and time. Sometimes people do prioritize what is most important and spend time and energy arguing over assets that might not have a significant value while ignoring the more valuable parts of the marital estate. Sometimes people get hung up over how something is characterized — for example, they might agree to a one-time cash payment to their spouse but balk if that same payment is labeled “attorney’s fees.” Taking a step back, looking at the big picture, and understanding the cost of fighting as well as potential risks and rewards will serve anyone well during a divorce.

The biggest mistake divorcing spouses can make is being in the dark about finances. If your spouse has always handled all of the financial decisions in your household and you don’t have any information about you and your spouse’s income and assets, your spouse will have an unfair advantage over you when it comes time to settle the financial issues in your divorce. If you suspect your spouse is planning a divorce, get as much information as you can now. Make copies of important financial records such as account statements (eg., savings, brokerage, and retirement) and all other data that relates to your marital lifestyle (eg., checking accounts, charge card statements, tax returns).

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