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16-May-2019 21:13 by 4 Comments

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These assets will remain yours as long as you can document them. Don’t overlook any assets—half of everything is yours!

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This is your divorce—so take control of the process! Plan for the worst so what actually happens will seem easy by comparison. Prepare for the expense of tuition and books while you get your career on track. Hire an attorney who can give you excellent advice—even if he or she isn’t the most inexpensive.

Remember: there’s nothing like new knowledge and a fulfilling career to bolster your self-esteem. Engage a forensic accountant if you think there might be hidden assets. Hire a divorce financial professional to help determine the best settlement options for you.

Many factors combine to lower women’s standard of living after divorce. Expenses will begin to mushroom as soon as the divorce process starts.

Child support may not be adequate to cover the true costs of child rearing, and she might have lost many important years of career growth, making it difficult for her to get back on her feet after divorce. By familiarizing yourself with the twelve financial pitfalls of divorce, you can save yourself a lot of heartbreak—and hassle—in the future. Legal fees, court costs, therapist bills, new living expenses, and myriad other costs will drain your financial resources.

Think about the timing of the separation: Is your husband due a bonus or other windfall in the near future?

Don’t separate until after it arrives, so it will be community property.

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Copies of your spouse’s business records can be a treasure map showing you where the hidden assets are buried. Even if you don’t want an asset, it can be used to trade for something you do want.