Five Mistakes To Avoid in Your Divorce in 2021
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Not identifying the origin of your unhappiness and assuming that you want a divorce.
2020 was a stressful year for just about everyone. For most of us we were stuck inside with our family for more time than planned. There were many catalysts that may have caused stress in our lives including financial, job, kid related and technology related challenges. Make sure you know that it is your marriage is your issue and not other issues. This may require professional counseling or deep soul searching.
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Assuming that litigation is the only path to getting a divorce.
Once you have determined that divorce is the path for you, don’t assume that hiring attorneys and fighting it out in court is the only path to getting to the finish line. Mediation or collaborative divorce are other alternatives to getting your case completed successfully. Explore all options and try to keep things as cooperative as possible with your spouse to get the finish line quicker and less expensively.
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Trying to get “even” with your spouse through the divorce process can be an expensive and not satisfying experience.
Your goal should be to get through the process as painlessly and as inexpensively as possible. Getting your spouse to apologize or to feel bad for what he/she did can be somewhat satisfying but not necessary to getting your case done as quickly and as inexpensively as possible.
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Not taking the time to get organized and develop a true financial picture or budget
Getting organized and gathering the necessary documents to complete the disclosures in your state for your assets and liabilities as well as your income and expenses is a required step to get an idea of what your property division will look like and what income is available to help support both of you now and in the future. The sooner you do this the sooner you will have a good idea of your financial future.
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Be realistic with your settlement demands and what your future will look like.
Once you have an idea of what you are entitled to receive and what is actually there to divide you need to develop a list of what you need and what you realistically are entitled to receive. Attorneys/mediators and financial experts can help you figure this out.
Most couples cannot live the same standard of living after the divorce that they did when they were married- be realistic about what you can afford.
The Succeed Through Divorce 6 part webinar series with workbook will give you knowledge and tips to implement to address these questions.
Leave us comments down below!
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