The decision to get a divorce is never an easy one. Not only do you have the emotional stress and pain associated with the split, but there’s also the seemingly overwhelming task of dividing two lives and figuring out what goes with whom.
If you feel you’re ready to take that step and file for divorce there are some things you should be mindful of and have prepared – long before the papers are served. Today, we’ll talk about a few of those things and why they’re so important. Let’s jump right in.
Don’t threaten divorce until you’re ready to file
Divorce is a serious process. NEver threaten to do so before you’re ready. Not to sound too cut throat – but firing the warning shot over the bow may also set plans into motion on your partner’s side – as they might begin to move assets around and positioning themselves to be in a better position to maintain custody of the children among other things. Take your time and plan carefully. Once your affairs are in order, then file.
The more efficient you are at knowing where everything is – insurance policies, loan docs, mortgage paperwork, etc – the more money you’ll save in a divorce and trust us when we say – this isn’t a cheap process. Make copies of all your important documents. Look at your tax returns, bank statements, retirement accounts – all of it. Get as much information as you can on your spouse as well. Having a clear picture of what is where and in whose name and who is paying for what will save both of you a ton of time, consternation, back and forth and most importantly for you both – money.
Speaking of finances
We mentioned above that divorce isn’t cheap. Your income will take a massive hit. You’ll be paying an attorney and other legal fees. Make sure you have at least three months of financial resources saved and plenty of available credit. We’re not here to scare you – but you’re going to need it.
Emotional support and preparation
Divorce can be brutal on not just you but your loved ones as well. It may catch some by surprise and as they say when you marry someone, you marry their family. As such, when you divorce someone, you’re separating from their family too. Talk to your children and prepare them. Surround yourself with loved ones and people who can emotionally support you. Divorce is rarely easy so make sure you have people who can help you in your corner.
Abiding by these tips will make the process easier – both structurally and emotionally. Don’t just casually hurl yourself into divorce. Be prepared so when the time comes, you can act decisively. And of course – if you decide to choose mediation as your course of action – give us a call today and we can answer any questions you have. Until then – good luck!