A divorce brings with it many loose ends, both emotional and financial. Getting those issues resolved as smoothly as possible will help you start the next chapter of your life with confidence. While it’s important to get legal advice, there are other things you can do before and during the process that can also make a difference.
Start by gathering and organizing important documents. Obtain copies of bank statements, tax returns, investment portfolios, and other important paperwork. It’s also a good idea to list all assets, including real estate and vehicles; as well as all debts, such as credit card balances, student loans, and mortgages. If you and your spouse own a business, document that as well — whether you share ownership in full or just a percentage of the business.
Take advantage of mediation and negotiation to resolve divorce-related issues. These alternative dispute resolution methods promote open communication and collaborative problem-solving, which can reduce conflict and tension. Often, these options are less expensive and quicker than traditional court proceedings.
It’s a good idea to create a timeline and use a checklist to keep track of deadlines and appointments. Also consider hiring an attorney to assist you throughout the process. An experienced lawyer will be able to provide guidance and advice, as well as defend your rights throughout the proceedings.
When it comes to children, developing a comprehensive parenting plan is vital. This will outline custody arrangements, visitation schedules, decision-making authority, and other relevant matters. It’s also a good idea for both parents to consult with a professional child evaluator to assess the family dynamic and provide recommendations.
During the financial settlement negotiations, it’s important to have accurate and up-to-date information on your marital assets and debts. This will allow for a fair and equitable division of property. The final divorce decree will take into account the length of the marriage, each spouse’s financial contributions, and future earning capacities. Spousal support (alimony) may also be awarded during this stage.
If negotiations and mediation do not result in a resolution, court hearings or trials may become necessary. Prepare for this by gathering and organizing documentation, consulting with your attorney, and practicing effective presentation techniques.
It’s a good idea to get referrals from friends and family members who have gone through a divorce, as well as read online reviews of attorneys on sites like Avvo and Martindale-Hubble. However, it’s important to remember that everyone’s situation is unique, so what worked for others may not be the best solution for you. It is also a good idea to hire an attorney who specializes in family law.