2 Things You Can Do To Be Better Prepared For Your Divorce
Going through a divorce can be very stressful. Even if the divorce is the best thing for your marriage, it still is a major life change. In addition, the legal process of the divorce can be draining. This is why it is best to prepare yourself as much as possible for the divorce. Here are some things you should do before you get a divorce.
1. Get Your Finances In Order
One of the reasons that divorces are so stressful is because of the money. It is no secret that a divorce can be expensive. In most situations, both you and your spouse will need to hire your own attorney. This means that you should each have a good amount of money set aside for the fees. The lawyer will ask for a retainer up front, and then you may have to pay more depending on how long your divorce drags on.
In addition, you should get your personal finances in order. You should start a personal savings account before the divorce. If all of your money is in joint banking accounts, it could be problematic when the divorce starts. You need to have an account in your name only so that you can have the funds that you need to support yourself during the divorce.
Lastly, it is important that you try to get out of debt as much as possible. When you divide the estate, you will also divide the debt. This means that your spouse may be responsible for a debt that includes both of your names. If they fail to make payments or default on the debt, you could be on the hook. It is much easier to get out a debt early on so that you don't have financial ties after the divorce.
2. Talk To A Lawyer Early On
Don't wait until the divorce is completely underway to start talking to an attorney. You should consult an attorney as soon as you consider divorcing. The lawyer will be able to advise on what you should and shouldn't do as you prepare for the divorce. For instance, they can get you a legal separation so that you don't abandon the property. If you leave the property without a legal separation, you give your spouse possession of the house, which could make it hard for you to get back onto the property. In addition, you could make mistakes when it comes to custody. For this reason, talk to the attorney early on.
By doing these two things you can be better prepared for your divorce.
To speak to a family law attorney, contact a law firm such as Healy and Svoren Attorneys at Law.