All divorces can be difficult, especially if you are not prepared. Stress can be overwhelming in the divorce process, considering all hardships that spouses go through during this difficult time. Planning and setting goals can help you through this process. It is important to consider your life after your divorce is finalized, be as ready as possible. Preparing yourself will help the divorce go quickly and smoothly as possible. Associate divorce with other life-altering changes; it is best to be organized. This will help you and your children during this major transition.
Preparing for Divorce
Although all situations are different, all spouses can use some help with proper guidance. The following are some steps you can take to help you be better prepared for a divorce:
- Managing and monitoring your finances will be extremely vital in the divorce process; this also includes your spouse’s finances. Divorce can be very expensive. Lawyer’s fees and losing your partner’s income can affect your finances greatly; save as much income as possible during the divorce process. Do not make large purchases or open a separate bank account. Keeping track of your expenses and your spouse’s expenses will aid you during the process. Consider how your life will be after the divorce is finalized and plan your finances accordingly. Budget your money carefully and acknowledge what you can afford. Finally, make copies of important financial documents. Opening a safety deposit box to store them and other valuables can also be very useful.
- Record everything, including your child’s schedule. Establishing who drives your children to and from school and activities is helpful. It is also important to determine who attends these activities and how this will be affected after the divorce is finalized. Keep all medical and legal records for the entire family, specifically if you suspect there will be a custody issue. Record suspicious activities and document your own activities.
- Knowing your debts and your spouse’s debts is important for the preparation of your divorce. Record all credit cards, debts, and monitor all spending. Running a credit report is useful. Make sure you have no unfamiliar loans. It is best to take inventory of your possessions, whether it is solely owned or owned with your spouse. This includes cars, properties, life insurance policies, 401ks, jewelry and appliances. Determine who owns what assets and who should be entitled to these assets. It is important to bring this to future divorce proceedings.
Other considerations includes the amount of child support and spousal support that will be needed. The most important preparation you can make is to get your life as organized as possible; this includes gathering appropriate documents, planning your financial future, and preparing your children for a new life. It is vital that you take time for your children to adjust; they are especially vulnerable during this time. Divorce is a significant challenge in your life and your children’s lives. Being prepared is the best way to combat the challenges of divorce.
Moorestown Divorce Attorneys at Stockton Family Law Help All Couples Prepare for Divorce
If you are going through a divorce, it is essential to find an experienced divorce attorney that will guide you through this difficult process. Our compassionate Moorestown divorce attorneys at Stockton Family Law will help you navigate through your divorce and your settlement. Contact us online or call us at 856-412-5052 for a free consultation. Located in Moorestown, New Jersey, we also serve clients in Burlington County, Camden County, Mount Laurel, and throughout South Jersey.