5 Ways to Prepare for Your Divorce
Divorce can be a challenging time that impacts all aspects of your life. If you have made the difficult decision to get a divorce, you will need to start putting together a game plan for the next stage of your life. Here are the steps you will need to take to prepare yourself for the divorce process:
Divorce will have a major impact on your finances and your property rights, so it is important that you gather documentation to better assess your financial situation while you have access to it. Try to make copies of the following items to give to your divorce lawyer in Brighton County:
- Mortgage documents
- Tax returns for the last several years
- Bank statements and account numbers
- Credit card statements and account numbers
- Deeds to real property and vehicle titles
- Pictures of your personal property
- Investment and retirement account information and statements
Keep these documents in a safe place outside the control of your spouse.
Create a Post-Divorce Budget
You will need to understand what your financial situation will look like after the divorce to better negotiate a divorce settlement. This will require you to compare your current living expenses and income to your projected situation post-divorce. The process of creating a post-divorce budget will also help you to be better prepared if you go to court and need to explain your position regarding spousal or child support.
Divorce is often an expensive process. The income used to support one household must now be used to support two. You may need to pay legal costs and attorney fees. You will probably need to save up for some of these anticipated expenses. You may decide to open up a separate bank account to keep the money for these expenses and ensure that your spouse does not use up your mutual funds frivolously.
Prepare for Child Custody Determinations
If your spouse has moved out of the household or you have talked about divorce as a real possibility, you may want to start putting together a plan on how you will handle child custody determinations, such as asking to be the primary custodial parent or seeking a joint custody agreement. Using mediation services can sometimes help parents put their differences aside and focus on what is best for their children and the unique needs of their family.
Consult with an Experienced Divorce Lawyer
One of the best things you can do to ensure that you are prepared for divorce is to contact an experienced divorce lawyer in Brighton County who can explain divorce laws and your rights. Neal D. Nielsen & Associates in Brighton, Michigan is here to help you through the divorce process and will help protect your rights. Contact us at (810) 227-7777 to schedule a confidential consultation.
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