Consult An Experienced Divorce Attorney

Category: Finance.

Getting a divorce can be stressful and full of situations that are tremendously challenging.

Then the inevitable moment arrives when, as difficult as it may seem, it is obvious to the both of you that there is simply no other viable choice. Without having some kind of divorce support, it becomes tempting to avoid dealing with it altogether, leaving the prospect of staying in an unhappy marriage as a festering thought in the back of both of your minds. So, where do you begin? Informing yourself of your legal rights and options is perhaps the most important step. Consult an experienced divorce attorney. A good attorney will give you useful divorce information and sound divorce advice that is specific to your situation. Make photocopies of all your legal documents.

Consulting an attorney for divorce help early on will save you from making costly mistakes in the long run. You will need to have all your documents during the discovery procedures. Copy the following: Tax returns. The sooner you get copies, the sooner your attorney can proceed with determining how much in alimony and child support, your spouse will, if anything owe. Evidence of your spouse s earnings. Retirement and investment account statements. Bank statements and check registers.

Life insurance policies. Mortgage documents and automobile titles. Social security statements. Financial statements. Wills and living trusts. Credit card statements.

Know your family s budget and expenses. This information will be crucial in making a realistic assessment of what it will take for you to start over, financially. Look through your check register and become familiar with your monthly cash expenditure. Yes, there is life after divorce. so plan ahead. You will need to decide on a winning debt- management strategy. Consult with an experienced divorce financial planner. Consider paying down the debt before your divorce to help make things easier afterward, regardless of what the divorce settlement is.

Do as much as you can to improve your credit rating before your divorce is final. Also, take a good look at your credit history. Take an inventory of your possessions. Just start with one major thing at a time including cars, appliances and jewelry, furniture, then work down to the minor stuff. This task may seem daunting at first. This can be the more tedious aspect of what may be an otherwise easy divorce.