If you have reached the determination that your marriage is beyond repair, there are several simple steps that you can take prior to filing for divorce that will assist you in obtaining the best outcome possible. The following post is intended to provide you with a brief overview of some reasonably simple steps that you can take to prepare yourself for the impending divorce.
If your divorce does not involve issues concerning custody or visitation, property distribution issues are likely to be the significant issue in play. If that is the case in your impending divorce, take the time to understand and prioritize what outcomes are likely to best position you for financial success. Reaching this understanding early on in the process will ensure you are positioning yourself accordingly to protect your financial future
In addition to understanding what assets are in out there, also take the time to identify what debts have been incurred. Debts include everything from mortgage loans and student loans, to credit cards, car loans, and personal loans. The more effective you are in identifying the various assets and debts in play, the easier it will be to ensure an equitable distribution of marital property as part of the divorce.
Lastly, by taking the time to gain an understanding of the marital finances prior to filing for divorce, it will set you up for success in managing your finances during and after the divorce. A divorce is not only an emotionally difficult process; it can also be a significant detriment to your financial wellbeing. By taking the time to fully understand the financial situation prior to filing for divorce, you will be better positioned to set yourself up for a successful financial future.
To ensure you are taking care of yourself it is important to carve out time for things that will help you reach this goal. This includes scheduling time for regular exercise, focusing on a healthy diet, and reaching out to professionals (i.e. therapists/counselors) who can help you effectively cope with the additional stressors that an impending divorce is likely to present.
If you have determined that your marriage is beyond repair, and a divorce is imminent, it is important to take the steps necessary to protect your interests going forward. Upon the conclusion of your divorce you want to be in a position that will allow you to successfully move forward and accomplish your goals. By addressing the three simple matters identified above, before filing for divorce, you will be better positioned to obtain this result.
Questions or comments? Contact our Sioux City, Sioux Falls, or Omaha law firm to speak with an experienced family law attorney today!