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What Are the First Actions to Take When Planning a Divorce?

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untitledFew people get married thinking that they will have to end their relationships at some point. Going through a separation is, without a doubt, a trying and difficult time. However, if a divorce seems inevitable, there are certain steps you can take to streamline the process. This article highlights the first actions that anyone considering a divorce, ought to take.

Consult an attorney

Your best bet at getting through the divorce process in one piece is to hire an experienced divorce attorney from Jimenogray. For starters, these legal experts are well-versed with the matrimonial law in your state. As such, they know the right documents to obtain to help your case. Besides, divorce lawyers tend to be emotionally detached. Consequently, such an individual is better placed to make objective decisions. Divorces can be stressful for both spouses, which makes it difficult to make sound resolutions. Thankfully, your divorce attorney can help channel emotions into positive strategies as well help keep them in check.

Get our financial statements in order

If you intend to get a divorce, you should organize your file cabinet ahead of time. One inevitable phase of the divorce involves settling of property. For a fair settlement, both parties are required to provide an array of documents including:

  • Credit reports
  • IRAs, retirement plans, 401Ks
  • Wills and beneficiaries
  • Investments
  • Real estate among other properties

Failing to produce any of these legal papers can hurt your case. For instance, you may be declared financially incompetent to take care of your kids, allowing your spouse to get full child custody

Inventory your possessions

In this step, you should make a list of all your assets, both marital and non-marital property. Put simply; marital property is that which the spouses acquired in the course of the marriage. These types of assets are subject to equitable distribution. Conversely, non-marital assets cannot be subjected to distribution during a separation. It comprises of:

  1. Assets obtained by either spouse prior to the marriage
  2. Distinct property that one of the spouses acquired during the marriage, such as an inheritance or gifts.

Although non-marital property cannot be split amongst the parties, you should take an inventory and photo documentations to support your claim of such assets.

Create a plan for your kids

The involvement of kids during a marriage separation can make the entire process intricate. Given that divorces entail long and contentious legal procedures, it helps to have a strategy on how to look after the kids.

Typically, children require the same care during and after a separation. As such, they should have a guardian giving them undivided attention as you sort out child custody issues. If nothing else, knowing that your kids are well cared for, makes up one less detail to worry about.

Save money

A divorce is not only time-consuming but also requires financial resources. Depending on the outcome of the case, you may be forced to provide child care support, not to mention the legal fees for paying your attorney. Therefore, you should have plenty of funds to cater for the legal and living expenses.

Conclusion

If you plan to file for a divorce, ensure you have some money saved. Also, hire a divorce attorney to handle the legal aspects of your case and take an inventory of all your assets.

 


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