Planning for Divorce

Planning for Divorce

Life can be a whirlwind. Whether you’re planning vacations, getting ready to send the kids back to school, or caught up at work, it can be easy to put off things that don’t seem urgent—like the feeling that your marriage isn’t working. But once you start to confront those thoughts, it’s tough to forget them. If you think divorce may be in your future, here are some steps to take before you begin.

First, document everything. Know what you own, and make copies of all important documentation. Assets, debts, income, tax returns, benefits, and every financial record should be in one easy-to-access (and well-backed-up) place. Tracking your daily, monthly, and annual expenses is also helpful to show standard of living.

Second, budget better. People sometimes forget that divorce has a high cost. Between separate living arrangements and attorney fees, prepare for your lifestyle to take a hit.

Third, consider alternatives. While it can be tempting to take your spouse to court for “everything they’re worth,” litigation like contested divorce, is the most expensive, least controllable option. Uncontested divorceMediation  or collaborative divorce may be one answer for you.

No matter how far into the divorce planning process you are, talking to a lawyer can help. Divorce lawyers are available to discuss your situation and what steps would be most prudent for you, financially, legally, and in terms of your family unit. The experienced Huntsville family lawyers of the New Beginnings Family Law, P.C., are available today for a consultation.

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